{"id":27654,"date":"2024-12-11T16:43:46","date_gmt":"2024-12-11T16:43:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=27654"},"modified":"2024-12-11T16:43:46","modified_gmt":"2024-12-11T16:43:46","slug":"ray-dalio-prefers-bitcoin-over-bonds","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=27654","title":{"rendered":"Ray Dalio Prefers Bitcoin Over Bonds"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/ray-dalio\">Ray Dalio<\/a>, founder of the world&#8217;s largest hedge fund Bridgewater Associates, said he prefers investing in &#8220;hard money&#8221; like bitcoin and gold over debt assets, given rising global indebtedness.<\/p>\n<p>In <a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3290169\/bridgwaters-ray-dalio-invest-gold-and-bitcoin-rather-debt-assets\">a speech<\/a> at the Abu Dhabi Finance Week conference, the veteran investor referred to &#8220;unprecedented levels&#8221; of debt seen in all major countries, including the United States and China, stressing that current levels are unsustainable.<\/p>\n<p>&#8220;It is impossible for these countries to be able to not have a debt crisis in the years ahead that will lead to a great decline of [money] value,&#8221; Dalio said.<\/p>\n<p>He continued that he wants to &#8220;steer away from debt assets like bonds and debt, and have some hard money like gold and bitcoin.&#8221; Dalio sees bitcoin and gold as stable hedges against economic uncertainty.<\/p>\n<p>The billionaire investor was not always so keen on bitcoin. Previously, Dalio believed crypto would not succeed as hoped. But he has emerged as a major bitcoin advocate in recent years.<\/p>\n<p>In 2022, <a href=\"https:\/\/www.theinvestorspodcast.com\/episodes\/the-changing-world-order-w-ray-dalio\/\">Dalio said<\/a> allocating up to 2% of a portfolio to bitcoin, in addition to gold, is reasonable to hedge against inflation.\u00a0<\/p>\n<p>Dalio&#8217;s take further legitimizes bitcoin as a hedge against unsound monetary policies. As nations continue debasing fiat currencies, bitcoin&#8217;s fixed supply makes it a safe haven.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ray Dalio, founder of the world&#8217;s largest hedge fund Bridgewater Associates, said he prefers investing in &#8220;hard money&#8221; like bitcoin and gold over debt assets, given rising global indebtedness. In a speech at the Abu Dhabi Finance Week conference, the veteran investor referred to &#8220;unprecedented levels&#8221; of debt seen in all major countries, including the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":27655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27654"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27654"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/27655"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}