) nor stablecoins are the answer. In response, crypto community members took to Twitter to express their opinion on the topic.
In a recent interview on CNBC's Squawk, Dalio shared his takes on Bitcoin being a potential solution to the problems with fiat currency. The billionaireas a store holder of wealth and a medium of exchange. Dalio also highlighted that stablecoins are also a replica of state-backed currencies and would also not be an effective form of money.
Bitcoiners were quick to respond to the interview, commenting that what Dalio has described as what money should be is already in Bitcoin. A community member tweeted:various inherent features of Bitcoin and pointed out that it's the solution Dalio is looking for. According to the community member, Bitcoin's censorship resistance, neutrality, openness, limited supply and freedom from control make it the answer to the monetary problem that Dalio described.
Meanwhile, another Bitcoin community member said that they were"orange pilled" by Dalio from his insights on the history of money. The Twitter user believes that the interview shows that the billionaire is close to"truly understanding Bitcoin."
Everything he just described is bitcoin in the end.
CORE will solve our fiat problems
All about balance.btc is to balance the way of traditional market,in higher scope digital currency.if they kept printing money and take it back from the market,the cycle will only repeat it self.thats why they want to controled it too,or ban
It's just his opinion why bother? We are also critical of those who hate crypto as well. Just focus on what you believe in regardless of what others think.
And their shit cbdc coins are !! when btc is on layer one store of value 🤣 🤣 am not that daft. Lol am still unvaxed
Just imagine the disparity in wealth if BTC was the main global currency At the current supply, divided equally global and BTC was worth 1mil each. You wealth is only have 24k 😂 People in this space are delusional Just imagine the world elites been the top holder of BTC 😳
Well, one thing that’s crystal clear in all of this: FIAT IS A PROBLEM!
Bitcoin Maxis in 3 2 1 ...
Ray Dalio is right. Btc isn’t solving any issues. It is plagued with its own. Blockchain and a dozen or so other crypto projects will help the world however.
Lmfao yea and FIAT is Yes there weapon is strong against us and THEY ARE PROLLY BUYING EVERYONE SAYS MAKRET IS DONE IS BUYING WANNA KEEO THE POOR POOR. PERIOD
Do you think Bitcoin can fix the fiat problem?
Billionaire RayDalio can eat a fat fiat stuffed inflated banking cartel teet suckin dil……. 🤫
Bitcoin crash
Yeah, because billionaires know what's best for the rest of us. 🙄
👏
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