Billionaire Ray Dalio Revealed What his Portfolio Says About the Future of mMoney 

Billionaire investor Ray Dalio, founder of Bridgewater Associates, has suggested that a balanced investment portfolio should include up to 15% allocation to gold or Bitcoin, though he remains personally more inclined toward the traditional asset.

Speaking on CNBC’s Master Investor Podcast on Sunday, Dalio made a cautious case for holding Bitcoin as a hedge—alongside gold—against mounting global economic risks.

“If you were optimizing your portfolio for the best return-to-risk ratio, you would have about 15% of your money in gold or Bitcoin,” Dalio said. “I’m strongly preferring gold to Bitcoin, but that’s up to you.”

While Dalio acknowledged owning “some Bitcoin”, he emphasized that his personal exposure remains small. His stance echoes earlier comments where he recognized Bitcoin’s potential as a store of value, but questioned its long-term reliability as money.

The conversation shifted sharply toward macroeconomic concerns, with Dalio issuing a renewed warning about the U.S. government’s escalating debt burden. He projected that the Treasury may need to issue up to $12 trillion in new debt next year, just to cover existing obligations. “We are at the point of no return,” Dalio warned, pointing to a looming “debt doom loop” not just in the U.S., but across Western economies.

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“The issue is the devaluation of money,” he said, drawing historical parallels to the 1930s and 1970s. According to Dalio, Western currencies are all set to decline—not just against each other—but relative to “hard currencies” such as gold and potentially Bitcoin.

Despite his reservations about Bitcoin’s long-term monetary role, Dalio described it as a potential “effective diversifier” during periods of financial instability. He noted, however, that questions remain about on-chain privacy, protocol longevity, and regulatory risks.

While Dalio’s position stops short of a full endorsement, his acknowledgment of Bitcoin’s role in portfolio construction—especially in a macro environment of rising debt and currency debasement—adds weight to the growing institutional narrative around crypto as a hedge asset.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.