Bitcoin could become ‘outlawed the way gold was outlawed’ in 1934 – Ray Dalio ...News

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Bitcoin could become ‘outlawed the way gold was outlawed’ in 1934 – Ray Dalio
The world’s top cryptocurrency, bitcoin, is enjoying its moment in the sun, but could soon face major resistance by governments looking to rein in the decentralized currency, says the founder of Bridgewater Associates Ray Dalio. “Every country treasures its monopoly on controlling the supply and demand. They don’t want other monies to be operating or competing, because things can get out of control,” Dalio told Yahoo Finance. “So, I think that it would be very likely that you will have it, under a certain set of circumstances, outlawed the way gold was outlawed.”  He referenced a controversial 1934 act, signed by President Franklin D.

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