ChainCatcher news, Bridgewater founder Ray Dalio discussed Bitcoin again in a recent "All-In" podcast interview, also mentioning the DeepSeek craze. He stated that he sees currency depreciation through market trends, especially relative to gold, Bitcoin, or other tangible assets. The more general situation is that all fiat currencies are depreciating, while gold, Bitcoin, or other hard assets are appreciating relatively. Bitcoin or other digital assets are a topic worth discussing; although commodities can hedge against inflation, they do not have a store of value function. People cannot hold oil or wheat as a wealth storage tool for the long term like they can with gold or Bitcoin.Ray Dalio revealed that he still holds some Bitcoin, but far less than gold. Bitcoin is one of his diversified investments, but he leans more towards gold because gold has several unique advantages:It can move freely between countries;Central banks around the world hold it as a reserve asset;It is harder to regulate than Bitcoin, allowing for more "private" ownership;Additionally, it is not easy to tax gold, whereas Bitcoin is different—regulators know the transaction paths of Bitcoin, making it easy to regulate and tax.

ChainCatcher news, according to Morningstar, Edmund Moy, the senior IRA (Individual Retirement Account) strategist at the US Money Reserve, the main distributor of precious metals for the US federal government, stated that on the surface, Bitcoin could become a competitor to gold, as both are alternative assets that can help reduce risk in traditional portfolios. Cryptocurrency bulls have long touted Bitcoin as "digital gold," and Federal Reserve Chairman Powell recently remarked that Bitcoin is "like gold."Edmund Moy believes that their "differences outweigh their similarities," and that "the correlation between gold and Bitcoin is not strong." Given the uncertainty in the coming year, this may be the strongest reason for investors to hold both.Nevertheless, Edmund Moy stated that investors seeking to diversify their portfolios should remember that diversification alone cannot completely eliminate risk, especially considering the volatility of Bitcoin.

ChainCatcher news, Coinbase CEO Brian Armstrong posted on X: "For the few who are paying attention to my latest 10b51 plan, let me provide some background: Over time, I will make some diversified investments, including investments in the moon landing plan, but I will still retain the vast majority of my Coinbase shares.For some reason, the relevant disclosures did not show the price targets, only the total number of shares that could lead to FUD. To clarify, I listed about 10% of the shares I hold in this plan, but most of the price limits are much higher than COIN's current price. I do not expect most of the shares to be executed next year (unless our performance is significantly better than expected). Coinbase is my top priority. We are just getting started, and I plan to operate it for the long term."

ChainCatcher News, the Government Pension Investment Fund (GPIF) of Japan announced on the 19th that it will seek information on investment diversification. It is looking for information on low-liquidity assets that are not currently invested in, including Bitcoin, as well as gold, forests, farmland, and more.Currently, GPIF diversifies its investments into traditional assets such as domestic and foreign stocks and bonds, as well as alternative assets like infrastructure and real estate. As of the end of December 2023, it manages approximately 225 trillion yen in assets, making it the largest pension fund in the world.