Ray Dalio says ‘there is only one gold’ as bitcoin outperforms gold during worst geopolitical crisis in years

Ray Dalio picked an interesting week to trash bitcoin. The Bridgewater Associates founder said on the popular All-In Podcast on Tuesday that investors should stop comparing bitcoin to gold, arguing that the largest cryptocurrency lacks central bank support, has no privacy, and faces long-term threats from quantum computing. “There is only one gold,” Dalio said. [...]