The digital gold reference is to the coin PAXG which is actually backed by gold in vaults. You can trade even on Interactive Brokers so it is legit.
Description:
tldr; Ray Dalio has compared Bitcoin and other cryptocurrencies to “digital gold” on CNBC’s Squawk Box. “I think a digital gold, which would be a Bitcoin sort of thing, has a small spot related to gold and then relative to other things,” he said. Dalio added that all fiat currencies eventually lose value in comparison to products and services.
Smart comment:
He of course won’t tell you there’s already gold-backed cryptos…
These people really hate the general population.
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