May 31 2021

Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin

published by Shaurya Malwa
in blog CryptoSlate
original entryBillionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin

adoption btcusd payments

Bridgewater Associates founder and CEO Ray Dalio says Bitcoin can see traction in the years to come, but that the digital version of Yuan, China’s national fiat currency, could ‘compete’ with it. "I think you are going to see the renminbi become a more significant, a strong currency, stable currency, more attractive-returning...