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❕NEWS Hedge fund manager; US may want to prevent funds from flowing into Bitcoin and gold

aryan4

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In a post made by Bridgewater Associates, she claimed that states, especially the US, might want to block funds flowing into Bitcoin.
Ray Dalio's description:
---- “If history and logic will guide us, politicians who need money now will increase the tax burden. Also, they will not like the money moving from debt assets to other assets, value storage devices (such as gold and Bitcoin). Therefore, they will want to prevent the money from going to other places and assets ”----
What do you think of these statements?
 

aryan4

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Maybe they can try to prevent this with taxes, maybe some laws. But I think they won't do anything like that. Perhaps on the contrary, they will try to find other ways to earn more than that.
 

achawaskey

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If they do that will it increase the circulation of money or reduce the amount of money going to assets. They need to enacted a policy that will increase there revenue.
 

Wisdom01

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I think US is already taxing some exchange sites that do trade crypto currency , so they could gain revenue in case the money is moving into gold
 

Josemendez

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In a post made by Bridgewater Associates, she claimed that states, especially the US, might want to block funds flowing into Bitcoin.
Ray Dalio's description:
---- “If history and logic will guide us, politicians who need money now will increase the tax burden. Also, they will not like the money moving from debt assets to other assets, value storage devices (such as gold and Bitcoin). Therefore, they will want to prevent the money from going to other places and assets ”----
What do you think of these statements?
Well , if they can regulate cryptocurrency then I don't see any reason why to they should be afraid of cryptocurrency as an asset
 
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