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Dalio: Bitcoin is not suitable as a long-term storehold of wealth or a safe-haven asset

2026.03.04 09:22:30

March 4th, Ray Dalio told the Tuesday episode of the All-In Podcast that Bitcoin isn’t a viable long-term store of value or safe-haven asset—citing no central bank backing, ongoing questions about its privacy safeguards and quantum resistance. He argued Bitcoin won’t become “digital gold,” noting “there’s only one kind of gold in the world.” Gold isn’t a speculative precious metal, he said—it’s the “most mature currency” and the second-largest reserve asset held by central banks globally. Dalio added it’s hard to see why central banks would buy and hold Bitcoin long-term. (Per Cointelegraph)
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