Bridgewater Fund Founder Dario Says It Makes Sense to Allocate 2% of Portfolio to Bitcoin
By 6 Feb,2022
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Dario, the founder of Bridgewater Fund, said in a media interview that it makes sense to allocate 1% to 2% of his portfolio to bitcoin. Previously, he admitted to holding a little bit of bitcoin.
Dario acknowledged that Bitcoin has pros and cons, but he is concerned that governments may outlaw cryptocurrencies.
He also talks about how bitcoin is seen by its supporters as "digital gold" and a hedge against inflation, and how he himself believes bitcoin is comparable to gold because, by design, there is a limited supply of bitcoin.
As of writing, Bitcoin was trading at $42,800.