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