Billionaire investor Ray Dalio, founding father of Bridgewater Associates, reiterated his cautious stance on Bitcoin this week, revealing that he holds solely a small fraction of the cryptocurrency in his portfolio.
Talking on CNBC’s Squawk Field, Dalio said, “I’ve a small proportion of Bitcoin… I’ve had it endlessly, like 1% of my portfolios,” underscoring his dedicated and restricted publicity to the asset.
Dalio, lengthy recognized for his macroeconomic insights and somewhat dubious Bitcoin takes, emphasised that Bitcoin faces structural challenges that hinder its adoption as a world reserve forex.
He pointed to Bitcoin’s transparency and traceability as main constraints, arguing that governments are unlikely to depend on a financial system that’s totally trackable.
“It’s not going to be a reserve forex for main international locations as a result of it may be tracked,” he mentioned.
Bitcoin below menace?
Along with regulatory hurdles, Dalio flagged potential long-term safety dangers. Advances in computing, notably quantum expertise, might in the future threaten Bitcoin’s cryptographic basis, Dalio contended.
“It might be conceivably, with quantum computing, managed, hacked, and so forth and so forth,” he warned.
Blockchain analytics agency Chainalysis estimates that quantum breakthroughs might jeopardize Bitcoin’s safety inside 10 to fifteen years, highlighting the technical challenges the community faces.
Dalio has traditionally expressed skepticism about Bitcoin’s trajectory. In 2021, he cautioned that governments could intervene if the cryptocurrency grew to become too extensively adopted, saying, “If it turns into actually profitable, they’ll kill it. They usually have methods of killing it.”
But he has additionally acknowledged Bitcoin’s sturdiness, noting in later interviews that it has “confirmed itself… it hasn’t been hacked, it’s stood the check of time.”
Bridgewater Associates’ Q3 2025 filings with the SEC reveal a large $25.53 billion U.S. fairness portfolio spanning greater than 1,000 positions.
Whereas he has beforehand in contrast Bitcoin to digital gold, Dalio continues to advocate for conventional hedges equivalent to gold, which he describes as an asset “you’ll be able to maintain, and also you’re not depending on somebody to supply it.”
Dalio’s feedback arrive amid market concern, as Bitcoin lately slipped beneath $86,000 following delayed U.S. employment information and broader macroeconomic pressures. Bitcoin lately hit all-time highs in October, however has since slipped 32%.
On the time of writing, bitcoin’s value is $86,521, per most up-to-date Bitcoin Journal Professional information.
