Ray Dalio is a billionaire investor and founder of Bridgewater Associates. He reiterated in a recent interview his cautionary stance towards Bitcoin.
CNBC’s “Speaking on CNBC” Squawk box, Dalio said, “I have a small percentage of Bitcoin… I’ve had it forever, like 1% of my portfolios,” Highlighting his limited and committed exposure to an asset.
Dalio is well-known for his insights into macroeconomics. somewhat dubious Bitcoin takesBitcoin’s adoption as the global reserve currency is hindered by structural problems, according to.
The transparency and traceability of Bitcoin are major limitations, according to him. He argues that government’s will not rely on an entirely trackable monetary system.
“It’s not going to be a reserve currency for major countries because it can be tracked,” He said.
The Bitcoin currency is under attack?
Dalio also warned of potential security threats in the long term. Dalio said that advances in computer technology, including quantum technologies, may one day undermine Bitcoin’s cryptographic base.
“It could be conceivably, with quantum computing, controlled, hacked, and so on and so forth,” He warned.
Chainalysis is a Blockchain analytics company that estimates quantum breakthroughs will jeopardize Bitcoin’s security in 10-15 years. It highlights the technological challenges Bitcoin faces.
Dalio expressed doubts about Bitcoin’s trajectory. In 2021, the President warned governments to take action. could intervene If the crypto became widely accepted, say, “If it becomes really successful, they will kill it. And they have ways of killing it.”
In later interviews, he acknowledged Bitcoin’s longevity and noted that the currency has remained stable. “proven itself… it hasn’t been hacked, it’s stood the test of time.”
The SEC filings for Bridgewater Associates Q3 2025 reveal that the company has a huge portfolio of U.S. stocks worth $25.53bn, which includes more than 1,000 different positions.
Dalio has compared Bitcoin with digital gold in the past, but continues to recommend traditional hedges like gold. describes Asset “you can hold, and you’re not dependent on someone to provide it.”
Dalio makes his remarks amid market anxiety, with Bitcoin having recently fallen below $86,000 as a result of delayed U.S. Employment data and wider macroeconomic forces. Bitcoin hit its all-time highest in October. Since then, it has dropped 32%.
According to the most recent Bitcoin Magazine Pro statistics, at the time this article was written, bitcoins’ price stood at $86,521.
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Source: bitcoinmagazine.com
