Reading Time: 2 minutes Ray Dalio, formerly a Bitcoin skeptic, has now admitted to holding some of the cryptocurrency Dalio previously said that Bitcoin was not an effective medium of exchange or store of value Dalio also warned that Bitcoin could be heavily regulated if big banks swap bonds for Bitcoin Ray Dalio is officially a bitcoin owner. The man who in 2017 called the cryptocurrency market “speculative people thinking ‘can I sell it at a higher price’” has done just that and bought into Bitcoin at a higher price than he would have done when he made the comments in September 2017. Dalio
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