{"id":49024,"date":"2025-11-20T15:14:27","date_gmt":"2025-11-20T20:14:27","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=49024"},"modified":"2025-11-20T15:14:34","modified_gmt":"2025-11-20T20:14:34","slug":"ray-dalio-reaffirms-bitcoin-skepticism","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/ray-dalio-reaffirms-bitcoin-skepticism","title":{"rendered":"Ray Dalio Reaffirms Bitcoin Skepticism, Says He Still Holds Just 1% Allocation"},"content":{"rendered":"
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Billionaire investor Ray Dalio, founder of Bridgewater Associates, reiterated his cautious stance on Bitcoin this week, revealing that he holds only a small fraction of the cryptocurrency in his portfolio. <\/p>\n\n\n\n

Speaking on CNBC\u2019s Squawk Box<\/em>, Dalio said<\/a>, \u201cI have a small percentage of Bitcoin\u2026 I\u2019ve had it forever, like 1% of my portfolios,\u201d underscoring his committed and limited exposure to the asset.<\/p>\n\n\n\n

Dalio, long known for his macroeconomic insights and somewhat dubious Bitcoin takes<\/a>, emphasized that Bitcoin faces structural challenges that hinder its adoption as a global reserve currency. <\/p>\n\n\n\n

He pointed to Bitcoin\u2019s transparency and traceability as major constraints, arguing that governments are unlikely to rely on a monetary system that is fully trackable.<\/p>\n\n\n\n

\u201cIt\u2019s not going to be a reserve currency for major countries because it can be tracked,\u201d he said.<\/p>\n\n\n\n

Bitcoin under threat?<\/h2>\n\n\n\n

In addition to regulatory hurdles, Dalio flagged potential long-term security risks. Advances in computing, particularly quantum technology, could one day threaten Bitcoin\u2019s cryptographic foundation, Dalio contended.  <\/p>\n\n\n\n

\u201cIt could be conceivably, with quantum computing, controlled, hacked, and so on and so forth,\u201d he warned. <\/p>\n\n\n\n

Blockchain analytics firm Chainalysis estimates that quantum breakthroughs could jeopardize Bitcoin\u2019s security within 10 to 15 years, highlighting the technical challenges the network faces.<\/p>\n\n\n\n

Dalio has historically expressed skepticism about Bitcoin\u2019s trajectory<\/a>. In 2021, he cautioned that governments could intervene<\/a> if the cryptocurrency became too widely adopted, saying, \u201cIf it becomes really successful, they will kill it. And they have ways of killing it.\u201d <\/p>\n\n\n\n

Yet he has also acknowledged Bitcoin\u2019s durability, noting in later interviews that it has \u201cproven itself\u2026 it hasn\u2019t been hacked, it\u2019s stood the test of time.\u201d<\/p>\n\n\n\n

Bridgewater Associates\u2019 Q3 2025 filings with the SEC reveal a massive $25.53 billion U.S. equity portfolio spanning more than 1,000 positions. <\/p>\n\n\n\n

While he has previously compared Bitcoin to digital gold, Dalio continues to advocate for traditional hedges such as gold, which he describes<\/a> as an asset \u201cyou can hold, and you\u2019re not dependent on someone to provide it.\u201d<\/p>\n\n\n\n

Dalio\u2019s comments arrive amid market fear, as Bitcoin recently slipped below $86,000 following delayed U.S. employment data and broader macroeconomic pressures. Bitcoin recently hit all-time highs in October, but has since slipped 32%.<\/p>\n\n\n\n

At the time of writing, bitcoin’s price is $86,521, per most recent Bitcoin Magazine Pro data. <\/p>\n","protected":false},"excerpt":{"rendered":"

Billionaire investor Ray Dalio reaffirmed his cautious view on Bitcoin, saying he\u2019s held only about 1% of his portfolio in BTC for years due to what he sees as structural hurdles limiting its viability.<\/p>\n","protected":false},"author":3817,"featured_media":49025,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[76,6213,2015],"class_list":{"0":"post-49024","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bitcoin","9":"tag-dalio","10":"tag-ray-dalio"},"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Ray-Dalio-Reaffirms-Bitcoin-Skepticism-Says-He-Still-Holds-Just-1-Allocation.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/49024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=49024"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/49024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/49025"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=49024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=49024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=49024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}