{"id":54809,"date":"2021-12-16T16:24:41","date_gmt":"2021-12-16T14:24:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=54809"},"modified":"2025-09-03T22:15:26","modified_gmt":"2025-09-03T19:15:26","slug":"ray-dalio-calls-bitcoin-gold-for-the-young","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ray-dalio-calls-bitcoin-gold-for-the-young\/","title":{"rendered":"Ray Dalio calls Bitcoin &#8216;gold for the young&#8217;."},"content":{"rendered":"<p>Bitcoin effectively serves as an alternative to gold for the younger generation. The blockchain revolution is inevitable, but some governments may outlaw it, billionaire Ray Dalio said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Ray Dalio\uff1aBitcoin is almost a younger generation\u2019s alternative to gold. I believe in the blockchain technology; there\u2019s going to be that revolution. But If it is a threat to governments, it will probably be outlawed in some places. <a href=\"https:\/\/t.co\/IDCIt24zIg\">https:\/\/t.co\/IDCIt24zIg<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1471429618334797828?ref_src=twsrc%5Etfw\">December 16, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In a MarketWatch interview, Bridgewater Associates founder urged not to hold cash only, which is eaten away by inflation, and to hedge by assembling a &#8216;all-weather&#8217; portfolio. It should be diversified by currencies, asset classes, countries, and industries.<\/p>\n<p>A portion of such a portfolio may be Bitcoin. Dalio compared it to gold, the &#8216;blue chip&#8217; relative to fiat.<\/p>\n<p>The billionaire doubted that authorities worldwide would ultimately ban Bitcoin. He found no grounds to expect it to be included as a reserve asset by central banks or large corporations.<\/p>\n<p>Dalio reminded that for diversification he has moved a portion of his assets into Bitcoin because of its &#8216;conditionally calculated value&#8217;.<\/p>\n<p>During the conversation, the billionaire voiced concerns about a potential economic downturn amid tightening monetary policy <span data-descr=\"US Federal Reserve\" class=\"old_tooltip\">Fed<\/span>. In the expert&#8217;s view, this could occur if the interest rate is raised above market expectations.<\/p>\n<p>In December\u2019s meeting, the Fed <a href=\"https:\/\/forklog.com\/en\/news\/fed-signals-three-rate-hikes-in-2022-amid-inflation-risks\">allowed<\/a> three rate hikes in the next two years.<\/p>\n<p>Earlier, Dalio <a href=\"https:\/\/forklog.com\/en\/news\/ray-dalio-regulators-will-kill-bitcoin-if-it-succeeds\">predicted<\/a> regulators would take Bitcoin under control in the event of its mass adoption.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin effectively serves as an alternative to gold for the younger generation. The blockchain revolution is inevitable, but some governments may outlaw it, billionaire Ray Dalio said.<\/p>\n","protected":false},"author":1,"featured_media":54810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,536,1156,1732],"class_list":["post-54809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-gold","tag-institutional-investors-and-whales","tag-ray-dalio"],"aioseo_notices":[],"amp_enabled":true,"views":"45","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/54809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=54809"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/54809\/revisions"}],"predecessor-version":[{"id":54811,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/54809\/revisions\/54811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/54810"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=54809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=54809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=54809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}