The 'inhospitable to capitalism' US can target those ditching dollar for Bitcoin — Ray Dalio

Cointelegraph

Published Mar 16, 2021 06:41AM ET

Updated Mar 17, 2021 08:40AM ET

The United States and other countries could “impose prohibitions” on Bitcoin (BTC) as part of “shocking” tax changes, investor Ray Dalio has warned.

In his latest article on LinkedIn (NYSE:LNKD), Dalio — a recent convert to Bitcoin as an investment opportunity — laid out a stark future for U.S. investors.

U.S. 10-year bond yields vs. BTC/USD chart. Source: Tradingview

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