According to PANews, Ray Dalio, founder of Bridgewater Associates, shared his views on Bitcoin and the DeepSeek trend during a recent 'All-In' podcast interview. Dalio observed that currencies are depreciating, particularly against assets like gold, Bitcoin, and other tangible assets. He noted that fiat currencies are generally losing value, while hard assets are appreciating.
Dalio mentioned that Bitcoin and other digital assets are significant topics of discussion. While commodities can hedge against inflation, they lack the ability to serve as long-term stores of value, unlike gold or Bitcoin. He revealed that he still holds some Bitcoin as part of a diversified investment strategy but prefers gold due to its unique advantages.
Gold, according to Dalio, can move freely between countries, is held by central banks as a reserve asset, and is more challenging to regulate, allowing for more private ownership. Additionally, gold is not easily taxed, unlike Bitcoin, which is subject to regulatory scrutiny and taxation due to its traceable transaction paths.