El fundador de Bridgewater Associates, Dalio, dijo que "invertiría en BTC y oro" en lugar de bonos para hacer frente al riesgo de una fuerte devaluación de la moneda.
Ray Dalio, founder of Bridgewater Associates, said at a financial conference that he will invest in "hard currencies" such as gold and BTC to avoid future debt crises and significant currency devaluation. He warned that major economies, including the United States and China, have reached unsustainable levels of debt. According to the latest data from the US Treasury, the total US debt has exceeded $36.1 trillion, reaching an unprecedented level and continuing to rise rapidly. How this will affect the US economy has always been a concern for global economists. Ray Dalio: I will invest in BTC, gold, and other hard currencies. In response, Ray Dalio, founder of Bridgewater, the world's largest hedge fund, said at a financial conference in Abu Dhabi on Tuesday that he will invest in "hard currencies" such as gold and BTC, while avoiding debt assets because most major economies are facing increasingly serious debt problems. I think there may be a problem with debt currencies, so I want to stay away from debt assets like bonds and debt and hold some hard currencies like gold and BTC. Hard currency usually refers to currency backed by physical commodities such as gold or silver, with characteristics such as scarce supply, stable value, and inflation resistance. It is often seen as a long-term store of value tool and provides hedging functions during economic instability. This is in contrast to fiat currencies such as the US dollar and the euro, whose supply is adjusted by central bank policies and is susceptible to inflation. BTC has a maximum supply limit of 21 million and its production is halved every four years, which conforms to the scarcity characteristics of hard currency. Although there is controversy regarding its value stability and inflation resistance, Dalio now considers BTC as a type of hard currency, undoubtedly a great praise and affirmation for BTC. Major currencies will undergo significant devaluation. Dalio pointed out that the debt levels of Germany, the United States, China, and all major countries have reached unprecedented levels, making it difficult to sustain such debt levels. He warned, "In the next few years, these countries will inevitably face debt crises, leading to a significant devaluation of currency." Dalio added that "debt, currency, and the economy" are one of the five major forces he believes determine the global situation. Other forces include the internal political order of each country (driven by wealth distribution and value disparities) and the external geopolitical situation (such as power conflicts caused by the tense US-China relationship). Ray Dalio's change of position. However, Dalio is not actually a loyal supporter of BTC. He said in December last year that BTC cannot become an "effective currency" because it fluctuates too much and central banks will not adopt it. He said at the time: BTC is neither an effective store of value nor a medium of exchange, so it is not an effective currency. Its fluctuations have no correlation with almost anything, and it is a very, very bad substitute for gold. Dalio also added: Governments can crack down on BTC, they can control it, and in any case, central banks and countries do not want it. Compared with the scale of BTC, what they get is far beyond proportion. Ray Dalio pointed out that gold is the third-largest foreign exchange reserve held by central banks around the world, second only to the US dollar and the euro, which further supports his view. Although Ray Dalio previously praised BTC as a "great invention," he mentioned at the time that he would like to see a currency "linked to inflation" created to ensure consumer purchasing power. BTC is now in a completely different position. With the milestone of BTC price surpassing $100,000 and its market capitalization becoming the seventh-largest asset globally, and with Trump's promise during his campaign that the United States will establish a strategic BTC reserve, the Russian parliament recently proposed to include BTC in strategic reserve assets. The success of MicroStrategy has led companies to follow suit in establishing BTC reserves, and the launch of BTC ETFs has also been hugely successful, with total assets under management reaching $107.7 billion, and the adoption rate by institutions and traditional investors is rapidly increasing, deepening global consensus on BTC. This series of major developments has led Ray Dalio to change his attitude towards BTC, from criticizing it as a highly fluctuating asset to recognizing it as a hard currency.
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El fundador de Bridgewater Associates, Dalio, dijo que "invertiría en BTC y oro" en lugar de bonos para hacer frente al riesgo de una fuerte devaluación de la moneda.
Ray Dalio, founder of Bridgewater Associates, said at a financial conference that he will invest in "hard currencies" such as gold and BTC to avoid future debt crises and significant currency devaluation. He warned that major economies, including the United States and China, have reached unsustainable levels of debt. According to the latest data from the US Treasury, the total US debt has exceeded $36.1 trillion, reaching an unprecedented level and continuing to rise rapidly. How this will affect the US economy has always been a concern for global economists. Ray Dalio: I will invest in BTC, gold, and other hard currencies. In response, Ray Dalio, founder of Bridgewater, the world's largest hedge fund, said at a financial conference in Abu Dhabi on Tuesday that he will invest in "hard currencies" such as gold and BTC, while avoiding debt assets because most major economies are facing increasingly serious debt problems. I think there may be a problem with debt currencies, so I want to stay away from debt assets like bonds and debt and hold some hard currencies like gold and BTC. Hard currency usually refers to currency backed by physical commodities such as gold or silver, with characteristics such as scarce supply, stable value, and inflation resistance. It is often seen as a long-term store of value tool and provides hedging functions during economic instability. This is in contrast to fiat currencies such as the US dollar and the euro, whose supply is adjusted by central bank policies and is susceptible to inflation. BTC has a maximum supply limit of 21 million and its production is halved every four years, which conforms to the scarcity characteristics of hard currency. Although there is controversy regarding its value stability and inflation resistance, Dalio now considers BTC as a type of hard currency, undoubtedly a great praise and affirmation for BTC. Major currencies will undergo significant devaluation. Dalio pointed out that the debt levels of Germany, the United States, China, and all major countries have reached unprecedented levels, making it difficult to sustain such debt levels. He warned, "In the next few years, these countries will inevitably face debt crises, leading to a significant devaluation of currency." Dalio added that "debt, currency, and the economy" are one of the five major forces he believes determine the global situation. Other forces include the internal political order of each country (driven by wealth distribution and value disparities) and the external geopolitical situation (such as power conflicts caused by the tense US-China relationship). Ray Dalio's change of position. However, Dalio is not actually a loyal supporter of BTC. He said in December last year that BTC cannot become an "effective currency" because it fluctuates too much and central banks will not adopt it. He said at the time: BTC is neither an effective store of value nor a medium of exchange, so it is not an effective currency. Its fluctuations have no correlation with almost anything, and it is a very, very bad substitute for gold. Dalio also added: Governments can crack down on BTC, they can control it, and in any case, central banks and countries do not want it. Compared with the scale of BTC, what they get is far beyond proportion. Ray Dalio pointed out that gold is the third-largest foreign exchange reserve held by central banks around the world, second only to the US dollar and the euro, which further supports his view. Although Ray Dalio previously praised BTC as a "great invention," he mentioned at the time that he would like to see a currency "linked to inflation" created to ensure consumer purchasing power. BTC is now in a completely different position. With the milestone of BTC price surpassing $100,000 and its market capitalization becoming the seventh-largest asset globally, and with Trump's promise during his campaign that the United States will establish a strategic BTC reserve, the Russian parliament recently proposed to include BTC in strategic reserve assets. The success of MicroStrategy has led companies to follow suit in establishing BTC reserves, and the launch of BTC ETFs has also been hugely successful, with total assets under management reaching $107.7 billion, and the adoption rate by institutions and traditional investors is rapidly increasing, deepening global consensus on BTC. This series of major developments has led Ray Dalio to change his attitude towards BTC, from criticizing it as a highly fluctuating asset to recognizing it as a hard currency.