The post Billionaire Ray Dalio Becomes a Bitcoin Convert? Just a Bit, and Here’s Why appeared on BitcoinEthereumNews.com.

We discuss how Ray Dalio urges investors to put 15% of their portfolio into Bitcoin and how this could fuel Bitcoin Hyper. Former anti-crypto advocate and billionaire Ray Dalio advised investors to allocate at least 15% of their portfolio to Bitcoin amid fears of a potential global debt crisis. This comes four years after Dalio claimed that the US government is likely to ban Bitcoin in the same way it did with gold. ‘Every country treasures its monopoly on controlling the supply and demand. They don’t want other monies to be operating or competing, because things can get out of control. So I think that it would be very likely that you will have it, under a certain set of circumstances, outlawed the way gold was outlawed.’ This statement came just two months before Dalio admitted that he has since purchased Bitcoin as a hedge against the dollar. Since then, Dalio’s stance on Bitcoin has strengthened, with the Bridgewater Associates founder stating, during The Master Investor Podcast, that Bitcoin is a safety net against the government’s increased debt deficit. Dalio Doubts that Banks Will Adopt Bitcoin as a Reserve Currency Despite his increasing optimism about Bitcoin’s prospects, Dalio still favors gold over the digital asset because he doesn’t believe central banks will adopt Bitcoin as a reserve currency. The reason is that this would violate the fundamental principles of Bitcoin: ‘(Central banks won’t accept it as reserve currency) because everybody can understand and watch who is doing what transactions on it, so there’s no privacy to it.’ In other words, Bitcoin would become centralized, which conflicts with the philosophy established by Satoshi Nakamoto, who created Bitcoin to be people’s money: decentralized, anonymous, and free. But Dalio’s core message remains clear: investors should allocate at least 15% of their portfolios to…

---

Filed under: News - @ July 30, 2025 4:26 pm