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Billionaire Ray Dalio issues stark warning on gold rival
Yahoo Finance· 2025-12-21 18:53
Ray Dalio has always remained cautious about crypto. While he does hold a little bit of Bitcoin (BTC), he prefers to put his faith in gold. In a recent podcast, the billionaire hedge fund founder revealed why central banks are also unlikely to embrace it. Related: Central Bankers Criticize Bitcoin as Speculative Vehicle Bearish on fiat, but still cautious on crypto While Dalio expressed skepticism about Bitcoin as a reserve asset, he was clear that his caution does not stem from confidence in governme ...