Ray Dalio published "The World Has Gone Mad and the System is Broken" yesterday, which was widely shared in the crypto industry. The piece does not mention cryptocurrencies specifically but it presents a strong argument for why the world is moving from censorable, people-based money (fiat currency) to censorship-resistant, math-based money (cryptocurrency).The paradigm shift that Ray references in the piece is well underway with Bitcoin leading and many other projects built with the same core values as Bitcoin (openness, transparency, censorship resistance) closely behind. It's always nice to see validation from one of the most influential macro investors in the world. 😀
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1confirmation Newsletter - Issue #70
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Ray Dalio published "The World Has Gone Mad and the System is Broken" yesterday, which was widely shared in the crypto industry. The piece does not mention cryptocurrencies specifically but it presents a strong argument for why the world is moving from censorable, people-based money (fiat currency) to censorship-resistant, math-based money (cryptocurrency).The paradigm shift that Ray references in the piece is well underway with Bitcoin leading and many other projects built with the same core values as Bitcoin (openness, transparency, censorship resistance) closely behind. It's always nice to see validation from one of the most influential macro investors in the world. 😀