According to BlockBeats, billionaire hedge fund investor and founder of Bridgewater Fund Ray Dalio said in a recent interview with CNBC: "Bitcoin will not be an effective currency, nor an effective wealth reserve, nor an effective medium of exchange. The crypto market is too volatile and has almost nothing to do with any economic situation. But for the world we live in, we all know that traditional currencies are in crisis." In addition, Ray Dalio proposed an idea he believes about the feasibility of cryptocurrency in this interview, that is, a coin that is linked to inflation. Ray Dalio said: "Everyone wants to maintain the purchasing power of their assets. If you create a coin that says, 'This is the purchasing power that I know I can deposit and invest my money for a period of time, and then I can trade it anywhere,' I think that would be a good coin, similar to an inflation-indexed bond."
