BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Ray Dalio Highlights Cryptocurrencies as Hedge Against Dollar Risks Amid Rising Debt
Ray Dalio Highlights Cryptocurrencies as Hedge Against Dollar Risks Amid Rising Debt
29
3
BTCCSquare news:
Ray Dalio, founder of Bridgewater Associates, has underscored cryptocurrencies' emerging role as a hedge against fiat currency risks. His comments follow a misrepresented Financial Times interview, which he corrected via social media. "Crypto is now an alternative currency with limited supply," Dalio stated, drawing parallels to historical fiat devaluations in the 1930s and 1970s.
The hedge fund veteran framed crypto's appeal through monetary dynamics: as dollar supply expands or demand falters, fixed-supply digital assets gain attractiveness. This analysis aligns with his longstanding warnings about debt-laden reserve currencies. No specific coins or exchanges were mentioned in his commentary.
By:
