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- Bridgewater Associates founder Ray Dalio warned of a looming currency crisis.
- "We are in a world where money as we know it is in jeopardy," Dalio told CNBC. "We are printing too much, and it's not just the United States."
- He added that a best option for a digital currency is a token linked to inflation.
Bridgewater Associates founder Ray Dalio warned Thursday of a looming currency crisis and that an inflation-linked cryptocurrency would be safer than bitcoin.
In an interview with CNBC, he asserted that the largest cryptocurrency by market capitalization "has no relation to anything" and denounced opinions that bitcoin is a safe store of value.