Blockchain and Crypto Blog

Ivan on Tech Academy provides latest insights and reports about the blockchain industry.

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Ray Dalio Deconstructed - Bitcoin and the US Dollar

Written By Ivan on Tech

May 27, 2020

Ray Dalio is the founder of Bridgewater Associates, a global macro investment firm that is currently the world's largest hedge fund earning a whopping $49 billion for its investors. A best-selling author, Mr. Dalio, regularly shares his knowledge through articles and videos. I will be focusing primarily on his latest piece, The Big Cycles Over The Last 500 Years, and the role Bitcoin could play should his projections prove to be accurate. 

Ray Dalio's theories about market cycles are too involved to cover in one post, so I have focused solely on the portions that I believe are most relevant to Bitcoin. Namely, the long-term money and debt cycle, the rise and fall of empires and reserve currencies, populism, and their interconnection to one another. Could we soon see the death of the dollar?

Market Cycles of the Past

We've all heard the adage, "Those who do not learn from history are doomed to repeat it." For Ray Dalio, this played out before his eyes when President Nixon...

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The New Trust Revolution & The Death of Sovereign Currencies?

Written By Ivan on Tech

May 25, 2020

The Macro View: Coronavirus & Dying Sovereign Currencies

We are currently watching the creative destruction and decline of the US empire before our very eyes. In enduring the onslaught of the ongoing COVID-19 coronavirus pandemic, the US is facing “a riddle, wrapped in a mystery, inside an enigma”. What's more, the nation is pulling out all the stops in hopes of making America great again. 

However, there are dark clouds looming on the horizon. unlimited QE, tepid growth, a worsening trade war with China, a possibility of a COVID-19 coronavirus resurgence in the fall, the highest unemployment rate in history, unfunded pension liabilities, deflation, hyperinflation, and the list goes on. With the unprecedented printing of money currently taking place, the average person may now well be asking themself “why should I pay taxes if money can be printed out of thin air”?

Not since Machiavelli, who wrote “The Prince” in the 16th...

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