When Billionaires Play the Crypto Game: Dalio’s Golden Advice 🪙💰

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In a world where even the gods invest in stocks, billionaire Ray Dalio has decided to throw his hat—or rather, a chunk of his fortune—into the crypto ring. During a recent appearance on the “Master Investor” podcast, hosted by the ever-so-charming CNBC contributor Wilfred Frost, Dalio suggested that a savvy investor might want to stash about 15% of their wealth in either Bitcoin or gold. Because, why not? It’s not like you’re going to find a better hiding spot under your mattress.

“If you were neutral on everything, in other words, you didn’t have a point of view, and you were optimizing your portfolio for the best return-to-risk ratio you would have, you would have about 15% of your money in gold or Bitcoin,” Dalio mused, probably while sipping on a fine blend of something that costs more than my car.

Now, Dalio has a bit of a sweet tooth for the shiny stuff, gold, that is. But hey, if you’re more into the digital sparkle, he’s cool with that too. He’s even got “some Bitcoin” himself, which he picked up back in May 2021, just to see how it goes. Kind of like buying a lottery ticket, but with fewer zeros on the price tag.

Central Banks and the Bitcoin Conundrum 🤔

While Bitcoin has its charms, like being a bit of a digital unicorn with a limited supply and some nifty transaction perks, Dalio is pretty sure that central banks won’t be adding it to their reserves anytime soon. Why? Well, because it’s about as private as a tweet from a politician. And let’s face it, who trusts politicians these days?

But Dalio doesn’t just stop at the privacy issue. He also threw in a little tech skepticism for good measure. “And there is a question of whether the code could be broken or things can be done to make it, let’s say, less effective, including government controls of it,” he pondered, probably while eyeing his own security system.

The Debt Dilemma 💸

Speaking of government controls, Dalio also dropped a bombshell about the US debt situation. According to him, the country has piled up a debt that’s six times the amount of money it takes in. That’s like having a credit card bill that’s taller than your house. “And so, when we look forward into the next year, the supply of debt that the US will have to sell is about $12 trillion,” he added, with a tone that suggested he was already planning his escape route.

So, the next time you hear someone urging you to buy more BTC because of Dalio’s debt warning, remember: it’s a bit like being told to stock up on umbrellas because it’s raining cats and dogs. It might be wise, but it’s also a bit of a no-brainer.

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2025-07-28 08:50