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viviancwa
2021-05-25
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viviancwa
2021-05-25
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Billionaire Ray Dalio Owns Bitcoin, Thinks It's Better Than Bonds
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Personally, I'd rather Bitcoin than a bond,\" he shared.</p><p>In late April, Daliosaidthat Bitcoin has proven that it is worth keeping in portfolios as it has not been hacked in over ten years, has sound programming, and people are holding and adopting it. He also compared it to gold.</p><p>“We're in the part of the cycle where we're gonna produce more debt and more money, and the time for something with intrinsic value and the limited supply is appropriate. That's true of gold, but also bitcoin has proven those things in many ways,\" Dalio added.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Billionaire Ray Dalio Owns Bitcoin, Thinks It's Better Than Bonds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBillionaire Ray Dalio Owns Bitcoin, Thinks It's Better Than Bonds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 15:21 GMT+8 <a href=https://www.benzinga.com/markets/cryptocurrency/21/05/21260205/billionaire-ray-dalio-owns-bitcoin-thinks-its-better-than-bonds><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ray Dalio — billionaire and one of the world's richest hedge fund managers — admitted he owns Bitcoin.What Happened: Speaking at Coindesk's conference Consensus, Dalio said that he holds \"some Bitcoin...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/05/21260205/billionaire-ray-dalio-owns-bitcoin-thinks-its-better-than-bonds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/05/21260205/billionaire-ray-dalio-owns-bitcoin-thinks-its-better-than-bonds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118426295","content_text":"Ray Dalio — billionaire and one of the world's richest hedge fund managers — admitted he owns Bitcoin.What Happened: Speaking at Coindesk's conference Consensus, Dalio said that he holds \"some Bitcoin.\"He has not specified how much of his portfolio is allocated to the cryptocurrency or other digital assets, but he admitted that he prefers Bitcoin to government bonds.\"The more we create savings in it, the more you might say, I'd rather have Bitcoin than the bond. Personally, I'd rather Bitcoin than a bond,\" he shared.In late April, Daliosaidthat Bitcoin has proven that it is worth keeping in portfolios as it has not been hacked in over ten years, has sound programming, and people are holding and adopting it. He also compared it to gold.“We're in the part of the cycle where we're gonna produce more debt and more money, and the time for something with intrinsic value and the limited supply is appropriate. That's true of gold, but also bitcoin has proven those things in many ways,\" Dalio added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":138846895,"gmtCreate":1621930231417,"gmtModify":1704364618656,"author":{"id":"3582547308667540","authorId":"3582547308667540","name":"viviancwa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582547308667540","authorIdStr":"3582547308667540"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138846895","repostId":"1192073416","repostType":4,"repost":{"id":"1192073416","pubTimestamp":1621927688,"share":"https://ttm.financial/m/news/1192073416?lang=&edition=fundamental","pubTime":"2021-05-25 15:28","market":"us","language":"en","title":"How a Global Minimum Tax Could Impact Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1192073416","media":"The Wall Street Journal","summary":"If it comes to pass, U.S. plans for global minimum levy on corporate profits could rattle companies ","content":"<blockquote>\n If it comes to pass, U.S. plans for global minimum levy on corporate profits could rattle companies with lots of overseas revenue and very low tax bills.\n</blockquote>\n<p>The U.S. Treasury Department wants a global minimum corporate tax rate of 15%,a reduced askfrom the 21% level it previously suggested. If the policy ever came to pass, that could still have a marked impact on international markets.</p>\n<p>On a headline basis, the 15% tax would move several countries not typically considered tax havens—Thailand, the U.K. and Vietnam, for example—onto the safe side of the line.</p>\n<p>In both Hong Kong and Singapore, headline corporate tax rates sit between 15% and 21%. But in reality, as noted by Asia economists at Citi, their effective tax rates are made considerably lower by various breaks and incentives and a 15% level would likely still cause issues. Ireland and Macau, with corporate tax rates at 12.5% and 12% respectively, would both be caught even without considering any breaks or incentives.</p>\n<p><img src=\"https://static.tigerbbs.com/87a0465eae87e4c5f534f806d5a020c0\" tg-width=\"335\" tg-height=\"418\">A number of major American companies make more than 50% of their income internationally, and have both foreign effective tax rates and consensus 2022 effective tax rates below 15%, according to an analysis by Goldman Sachs. That list includesNVIDIACorp.,BroadcomInc.,Las Vegas SandsCorp.andMicrochip TechnologyInc.The analysts see fewer impacts in Europe, where the vast majority of companies already pay above 21% as it is.</p>\n<p>Paradoxically, the lower the minimum proposed, the greater the threat to the most obvious havens such as Jersey, the Cayman Islands and the British Virgin Islands. Since those territories have 0% corporation tax rates, they will be hit under an agreement on any level and a lower proposal is more likely to garnerbroad international support.</p>\n<p>Relatively less-taxed sectors of the equity market haveoutperformed considerablysince the global financial crisis, something which hasn’t been unnoticed by policy makers. Even if we leave the idea of a global minimum tax aside, the Biden administration plans to double the tax on global intangible low-tax income repatriated from abroad,known as Gilti.</p>\n<p>One interesting possibility raised by credit analysts at Danske Bank is that a global minimum tax—and higher rates in general—could increase corporate debt levels at the margin by exacerbating the bias toward debt financing that is already embedded in most tax systems.</p>\n<p>While it is still unclear whether a global minimum tax will ever come to pass, the worm seems to have turned on corporate tax levels generally. Companies that pay very low corporate taxes—and their investors—should brace for impact.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a Global Minimum Tax Could Impact Markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow a Global Minimum Tax Could Impact Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 15:28 GMT+8 <a href=https://www.wsj.com/articles/how-a-global-minimum-tax-could-impact-markets-11621844805?mod=markets_lead_pos10><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If it comes to pass, U.S. plans for global minimum levy on corporate profits could rattle companies with lots of overseas revenue and very low tax bills.\n\nThe U.S. Treasury Department wants a global ...</p>\n\n<a href=\"https://www.wsj.com/articles/how-a-global-minimum-tax-could-impact-markets-11621844805?mod=markets_lead_pos10\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.wsj.com/articles/how-a-global-minimum-tax-could-impact-markets-11621844805?mod=markets_lead_pos10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192073416","content_text":"If it comes to pass, U.S. plans for global minimum levy on corporate profits could rattle companies with lots of overseas revenue and very low tax bills.\n\nThe U.S. Treasury Department wants a global minimum corporate tax rate of 15%,a reduced askfrom the 21% level it previously suggested. If the policy ever came to pass, that could still have a marked impact on international markets.\nOn a headline basis, the 15% tax would move several countries not typically considered tax havens—Thailand, the U.K. and Vietnam, for example—onto the safe side of the line.\nIn both Hong Kong and Singapore, headline corporate tax rates sit between 15% and 21%. But in reality, as noted by Asia economists at Citi, their effective tax rates are made considerably lower by various breaks and incentives and a 15% level would likely still cause issues. Ireland and Macau, with corporate tax rates at 12.5% and 12% respectively, would both be caught even without considering any breaks or incentives.\nA number of major American companies make more than 50% of their income internationally, and have both foreign effective tax rates and consensus 2022 effective tax rates below 15%, according to an analysis by Goldman Sachs. That list includesNVIDIACorp.,BroadcomInc.,Las Vegas SandsCorp.andMicrochip TechnologyInc.The analysts see fewer impacts in Europe, where the vast majority of companies already pay above 21% as it is.\nParadoxically, the lower the minimum proposed, the greater the threat to the most obvious havens such as Jersey, the Cayman Islands and the British Virgin Islands. Since those territories have 0% corporation tax rates, they will be hit under an agreement on any level and a lower proposal is more likely to garnerbroad international support.\nRelatively less-taxed sectors of the equity market haveoutperformed considerablysince the global financial crisis, something which hasn’t been unnoticed by policy makers. Even if we leave the idea of a global minimum tax aside, the Biden administration plans to double the tax on global intangible low-tax income repatriated from abroad,known as Gilti.\nOne interesting possibility raised by credit analysts at Danske Bank is that a global minimum tax—and higher rates in general—could increase corporate debt levels at the margin by exacerbating the bias toward debt financing that is already embedded in most tax systems.\nWhile it is still unclear whether a global minimum tax will ever come to pass, the worm seems to have turned on corporate tax levels generally. Companies that pay very low corporate taxes—and their investors—should brace for impact.","news_type":1},"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138848443,"gmtCreate":1621930194482,"gmtModify":1704364617362,"author":{"id":"3582547308667540","authorId":"3582547308667540","name":"viviancwa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582547308667540","authorIdStr":"3582547308667540"},"themes":[],"htmlText":"[Miser] ","listText":"[Miser] ","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138848443","repostId":"1118426295","repostType":4,"repost":{"id":"1118426295","pubTimestamp":1621927302,"share":"https://ttm.financial/m/news/1118426295?lang=&edition=fundamental","pubTime":"2021-05-25 15:21","market":"fut","language":"en","title":"Billionaire Ray Dalio Owns Bitcoin, Thinks It's Better Than Bonds","url":"https://stock-news.laohu8.com/highlight/detail?id=1118426295","media":"benzinga","summary":"Ray Dalio — billionaire and one of the world's richest hedge fund managers — admitted he owns Bitcoi","content":"<p>Ray Dalio — billionaire and one of the world's richest hedge fund managers — admitted he owns <b>Bitcoin</b>.</p><p><b>What Happened:</b> Speaking at Coindesk's conference Consensus, Dalio said that he holds \"some Bitcoin.\"</p><p>He has not specified how much of his portfolio is allocated to the cryptocurrency or other digital assets, but he admitted that he prefers Bitcoin to government bonds.</p><p>\"The more we create savings in it, the more you might say, I'd rather have Bitcoin than the bond. Personally, I'd rather Bitcoin than a bond,\" he shared.</p><p>In late April, Daliosaidthat Bitcoin has proven that it is worth keeping in portfolios as it has not been hacked in over ten years, has sound programming, and people are holding and adopting it. He also compared it to gold.</p><p>“We're in the part of the cycle where we're gonna produce more debt and more money, and the time for something with intrinsic value and the limited supply is appropriate. That's true of gold, but also bitcoin has proven those things in many ways,\" Dalio added.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Billionaire Ray Dalio Owns Bitcoin, Thinks It's Better Than Bonds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBillionaire Ray Dalio Owns Bitcoin, Thinks It's Better Than Bonds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 15:21 GMT+8 <a href=https://www.benzinga.com/markets/cryptocurrency/21/05/21260205/billionaire-ray-dalio-owns-bitcoin-thinks-its-better-than-bonds><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ray Dalio — billionaire and one of the world's richest hedge fund managers — admitted he owns Bitcoin.What Happened: Speaking at Coindesk's conference Consensus, Dalio said that he holds \"some Bitcoin...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/05/21260205/billionaire-ray-dalio-owns-bitcoin-thinks-its-better-than-bonds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/05/21260205/billionaire-ray-dalio-owns-bitcoin-thinks-its-better-than-bonds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118426295","content_text":"Ray Dalio — billionaire and one of the world's richest hedge fund managers — admitted he owns Bitcoin.What Happened: Speaking at Coindesk's conference Consensus, Dalio said that he holds \"some Bitcoin.\"He has not specified how much of his portfolio is allocated to the cryptocurrency or other digital assets, but he admitted that he prefers Bitcoin to government bonds.\"The more we create savings in it, the more you might say, I'd rather have Bitcoin than the bond. Personally, I'd rather Bitcoin than a bond,\" he shared.In late April, Daliosaidthat Bitcoin has proven that it is worth keeping in portfolios as it has not been hacked in over ten years, has sound programming, and people are holding and adopting it. He also compared it to gold.“We're in the part of the cycle where we're gonna produce more debt and more money, and the time for something with intrinsic value and the limited supply is appropriate. That's true of gold, but also bitcoin has proven those things in many ways,\" Dalio added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}