Ray Dalio Warns of Global Debt Crisis, Backs Bitcoin and Gold
Billionaire investor Ray Dalio has voiced serious concerns about an impending global financial crisis tied to unsustainable levels of debt, urging a pivot toward hard assets like Bitcoin and gold. Speaking at a financial conference in Abu Dhabi, Dalio, founder of the prominent hedge fund Bridgewater Associates, warned of a “pending debt money problem” and […]
Microsoft shareholders vote ‘no’ on Bitcoin reserve
During its annual meeting on Dec. 10, Microsoft shareholders voted down a proposal to allocate a portion of the company’s balance sheet to Bitcoin. The resolution was introduced by the National Center for Public Policy Research (NCPPR), a Washington, D.C.-based pro-market think tank, which framed the move as a way to enhance shareholder value through […]
Eric Trump Forecasts Bitcoin to Reach $1 Million, Highlights Its Limited Supply
Eric Trump, businessman and executive vice president of the Trump Organization, made a bold prediction at the Bitcoin MENA event in Abu Dhabi on Dec. 10, stating that Bitcoin could one day reach a value of $1 million per coin. During his keynote address, Trump described Bitcoin as a groundbreaking “financial paradigm” and a transformative […]