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Ray Dalio said regulators would ultimately take control of Bitcoin.com if the cryptocurrency gains mainstream success.
“I think at the end of the day if it’s really successful, they will kill it and they will try to kill it. And I think they will kill it because they have ways of killing it,” he said.
The founder of the world’s largest hedge fund, Bridgewater Associates, still believes bitcoin makes a good alternative to cash.
Source: CNBC
08/09/2021
El Salvador bought 400 bitcoin worth about $20.9 million, one day before it formally adopts the world’s most popular cryptocurrency as legal tender.
The announcement came as El Salvador’s bitcoin law, which was passed in June, took effect on Tuesday.
El Salvador has launched a wallet app called Chivo which citizens can sign up to with a national ID in order to transact using Bitcoin.com.
Source: CNBC
31/08/2021
Warren Buffett is showing his openness to investments that stray from the Berkshire conglomerate’s old economy core in order to adapt to the increasingly tech-driven economy.
Berkshire’s exposure to technology stocks has grown to 45% of its equity portfolio, thanks to its massive stake in Apple, worth more than $120 billion.
Source: CNBC
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