A well known investor and hedge fund manager, Ray Dalio caused a stir last week with his comments on cryptocurrencies. In an interview with CNBC, he had some positive things to say, noting that crypto and Bitcoin’s accomplishments have been "quite amazing", but ultimately struck a skeptical tone when he reasoned that Bitcoin "has no relation to anything... it moves and has no relation. It’s a tiny thing that gets a disproportionate attention." The billionaire Bridgewater Associates founder went on to say: "It’s not going to be an effective money. It’s not an effective store hold of wealth.