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Ray Dalio: Still Holds Some Bitcoin, Gold Harder to Regulate than BTC and Cannot be Easily Taxed

2025.02.15 14:56:26

On February 15th, Ray Dalio, the founder of Bridgewater Associates, once again brought up Bitcoin in his latest "All-In" podcast interview and also referred to the DeepSeek phenomenon. He expressed that he observes currency devaluation through market trends, especially in relation to gold, Bitcoin, or other tangible assets. In a more general sense, all fiat currencies are experiencing depreciation, while gold, Bitcoin, or other hard assets are increasing in value. Bitcoin and other digital assets are a subject worthy of discussion. While commodities can act as a hedge against inflation, they do not serve as a store of value. People cannot hold oil or wheat for a long time as a wealth storage tool like they can with gold or Bitcoin. Ray Dalio disclosed that he still holds a certain amount of Bitcoin, but not nearly as much as gold. Bitcoin is one of his diversified investments, but he prefers gold because gold has several unique advantages: it can flow freely between countries, central banks hold it as a reserve asset, it is more difficult to regulate compared to Bitcoin, allowing for a more "private" way of holding it, and it is not easily taxed. In contrast, Bitcoin is different - regulatory bodies are aware of the transaction path of Bitcoin, making it easy to regulate and tax.
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