{"id":55263,"date":"2021-12-27T12:24:18","date_gmt":"2021-12-27T10:24:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=55263"},"modified":"2025-09-04T00:30:05","modified_gmt":"2025-09-03T21:30:05","slug":"ray-dalio-calls-bitcoin-alternative-money-and-signals-interest-in-nfts","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ray-dalio-calls-bitcoin-alternative-money-and-signals-interest-in-nfts\/","title":{"rendered":"Ray Dalio calls Bitcoin ‘alternative money’ and signals interest in NFTs"},"content":{"rendered":"

Billionaire Ray Dalio, during a podcast<\/a> with Lex Fridman, called Bitcoin ‘alternative money’ and spoke about an interest in non-fungible tokens (NFTs).<\/p>\n

In his view, fiat currencies are set to face serious competition in the coming years.<\/p>\n

\n

‘Bitcoin will be part of this competition. There will be many different monies, not only cryptocurrencies,’ Dalio said.<\/p>\n<\/blockquote>\n

He is confident that NFT s will also play a role in this race. The billionaire also said he would like to buy a non-fungible token.<\/p>\n

Dalio himself prefers gold as a store of wealth, because interactions with the precious metal are harder to track than Bitcoin’s movements on the blockchain.<\/p>\n

In the billionaire’s view, the price of the first cryptocurrency will not reach $1 million, because then the asset’s market capitalization would be $20 trillion \u2014 twice that of gold.<\/p>\n

Earlier, Dalio called fiat money ‘garbage’<\/a> and a problematic asset, and also disclosed investments in Ethereum and urged diversification of his portfolio.<\/p>\n

Back in December, Dalio is an alternative to gold for the younger generation<\/a>. He also noted that the blockchain revolution is inevitable, but some governments may ban it.<\/p>\n

In May, Dalio spoke about buying Bitcoin<\/a>, as the U.S. dollar is weakening, creating favorable conditions for investing in cryptocurrency.<\/p>\n

Read ForkLog’s Bitcoin news in our Telegram<\/a> \u2014 crypto news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

The billionaire Ray Dalio, in a podcast with Lex Fridman, called Bitcoin ‘alternative money’ and described interest in NFTs.<\/p>\n","protected":false},"author":1,"featured_media":55264,"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":[18,1213,1138,1732],"class_list":["post-55263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-nft","tag-opinions","tag-ray-dalio"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55263","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=55263"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55263\/revisions"}],"predecessor-version":[{"id":55265,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55263\/revisions\/55265"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/55264"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=55263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=55263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=55263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}