Ray Dalio, the famed founder of Bridgewater Associates, called Bitcoin (BTC) “one hell of an invention,” adding that he’s considering digital-asset investing for clients wishing to protect against currency debasement. 

In a note to clients that was obtained by Bloomberg News, Dalio called Bitcoin’s store of value characteristics an “amazing accomplishment” and one of the few “alternative gold-like assets at this time of rising need for them.”

He said:

“To have invented a new…

… Continue Reading at: cointelegraph.com [source]