Bitcoin Has Come a Long Way, Ray Dalio Says in Interview That Also Touches on Inflation and US Politics

Ray Dalio, Bridgewater's co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, on Sept. 15, 2021. Brendan McDermid/Reuters

Ray Dalio, billionaire investor and founder of the world’s largest hedge fund, Bridgewater Associates, in a Dec. 15 interview with Marketwatch, praised Bitcoin, the largest cryptocurrency on the market.

“It has been an amazing accomplishment for bitcoin to have achieved what it has done, from writing that program, not being hacked, having it work and having it adopted the way it has been,” said Dalio.