be a currency! bitcoin today you can't make much transactions. And bitcoins value is too volatile to serve as a store (-hold?) of wealth.
Dimon said at the Delivering Alpha conference presented by cnbc and Institutional Investor. Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the worlds largest hedge funds. The only place where Dalio really goes astray in his crypto analysis is here: Its shame, it could be a currency it could work, conceptually.
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The first is that you can make transactions it it its a medium of exchange. Sein Hauptkritikpunkt an den Token selbst betrifft dabei insbesondere die Definition von Bitcoin. Dalio: We have these criteria for determining what a bubble isand we just define a bubble based on those criteria. "Zwei Dinge machen eine Whrung aus so der Experte. Einen Anteil zwischen 5 und 10 Prozent im Gesamtportfolio empfiehlt der Experte. For existing currencies, the more that people transact it, the lower the transaction costs are. Ray Dalio was on cnbc Tuesday morning plugging his new book, and eventually Joe Kernen asked the question we all knew had to be asked. This is all to say that yes, bitcoin is a bubble. To be simultaneously decentralized, secure and scarce as Satashi Nakamoto intended bitcoin must be intrinsically illiquid,. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world.
Bitcoin is a bubble.". Those should be the two purposes of a currency. In 20e was listed by Bloomberg Markets as one of the 50 Most Influential people.