According to Foresight News, Ray Dalio, founder of Bridgewater Associates, shared his views on Bitcoin and gold during his debut on a Chinese podcast. Dalio revealed that he holds a small amount of Bitcoin as a diversification tool but finds gold more appealing. He described gold as the second-largest reserve currency and noted that Bitcoin, while a potential store of wealth, has drawbacks, such as central banks not holding it. Dalio emphasized that gold is unique as an asset individuals can own without it being someone else's liability, meaning its value is determined by market supply and demand rather than the solvency of issuers, governments, or banks
source: https://www.binance.com/en/square/post/28832674264345?utm_source=BinanceNewsRSS