Tag: Dollars

Avoid Cash, Think in Inflation-Adjusted Dollars, Crypto Helps Diversify – Featured Bitcoin News

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[ad_1] Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his investment strategy with cryptocurrency as part of his portfolio. He warned that cash is the worst investment because it is eaten away by inflation. Ray Dalio’s Investment Advice: Cash Is Depreciating, Diversify Portfolio Well Bridgewater Associates founder Ray Dalio shared his investment strategy last week. He currently serves as Bridgewater Associates’ chairman and co-chief investment officer. His firm’s clients include endowments, governments, foundations, pensions, and sovereign wealth funds. In an interview with Yahoo…

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While Bitcoin Energy Concerns Grow, Nobody Discusses the Carbon and Military Violence Backing US Dollars – Op-Ed Bitcoin News

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[ad_1] This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been saying that concerns over the Bitcoin network’s energy supply are absurd, in contrast to the carbon used and the military violence that backs a number of fiat currencies including the U.S. dollar. One could even go as far as to say that the American dollar alone has left boot prints on large groups of humans over the years and…

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Boomers Next to Adopt Crypto, a Trillion Dollars Could Flow Into Bitcoin Over the Next Year, Says Novogratz – Bitcoin News

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[ad_1] Galaxy Digital CEO Mike Novogratz has predicted that as much as a trillion dollars could flow into bitcoin over the next year as wealthy baby boomers get into cryptocurrency. With the example of Morgan Stanley, he says that more banks will start offering bitcoin exposure to their customers. $1 Trillion Could Flow Into Bitcoin Michael Novogratz, a longtime bitcoin bull and founder of Galaxy Digital, talked about the future outlook for bitcoin last week in an interview at Reuters Digital Assets Week. He explained that as cryptocurrencies become more…

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