Dollars and gold preferred over bitcoin, leading investors tell the Future Investment Initiative Forum

Preferred investments in dollars over bitcoin when asked

  
Leading investors still see gold and dollars as a safer haven for investments over bitcoin, according to prominent business people speaking at the Future Investment Initiative Forum in Riyadh.

Both Larry Fink, head of asset management company BlackRock, and David Solomon, chairman of the Goldman Sachs Group, both said they preferred investments in dollars over bitcoin when asked.

Ray Dalio, founder and co-chairman of Bridgewater Associates, opted for gold over bitcoin.

Khaldoon Khalifa Al Mubarak, CEO of the UAE’s Mubadala Investment Company, replied that he would take bitcoin “hedged in gold”.

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