EddieJayonCrypto

 28 Jul 25

tl;dr

Billionaire Ray Dalio recommended a 15% portfolio allocation to Bitcoin and gold for an optimized return-to-risk ratio, favoring gold but acknowledging investor choice. He still holds Bitcoin since May 2021, recognizing its limited supply and transactional benefits but doubting its adoption as a cen...

Billionaire Ray Dalio recently advocated for a 15% allocation to Bitcoin and gold during his appearance on the "Master Investor" podcast with CNBC's Wilfred Frost. He explained that an optimized portfolio seeking the best return-to-risk ratio would include around 15% in these assets. Although Dalio prefers gold over Bitcoin, he emphasized that the choice ultimately lies with investors.

The founder of Bridgewater Associates revealed that he still holds some Bitcoin, which he first purchased in May 2021. He acknowledged Bitcoin's limited supply and certain transactional advantages, noting that many view it as a form of money. However, Dalio expressed skepticism about central banks adopting Bitcoin as a reserve currency due to its lack of privacy features.

Dalio also raised doubts about Bitcoin's technological resilience, questioning whether its code might be compromised or whether government interventions could reduce its effectiveness. This cautionary stance highlights the ongoing debate about the security and regulatory risks facing cryptocurrencies.

In addition to his insights on cryptocurrencies, Dalio issued a warning about the unsustainable U.S. debt. He pointed out that U.S. debt has ballooned to six times the country's annual revenue, with the government expected to issue approximately $12 trillion in new debt over the next year. This warning comes in the wake of a significant tax and spending bill, prompting some Bitcoin advocates to recommend increasing BTC holdings as a hedge against economic instability.

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