Bridgewater founder: In the face of currency devaluation risks, investors should seek "supply-stable alternative currencies" like Bitcoin
ChainCatcher news, according to Jinshi reports, Ray Dalio, the founder of the world's largest hedge fund Bridgewater, recently warned the Trump administration that if it does not immediately commit to reducing the deficit, the United States may face a significant debt crisis within the next three years. Dalio stated, "It's like a heart attack------you are gradually approaching danger. My guess is about three years, with a margin of error of about a year."In the face of currency devaluation risks, Dalio believes that investors must seek "alternatives with stable supply." He specifically pointed out the advantages of Bitcoin: "Unlike real estate, Bitcoin cannot be easily seized or taxed."When asked if he is more optimistic about gold than ever, he gave an affirmative answer: "The current environment indeed enhances the allocation value of gold------but I want to emphasize that no one can accurately predict the future; what investors need is to build a moderately diversified portfolio."Dalio suggested that an allocation of 10%-15% in gold in a theoretical investment portfolio falls within the "prudent" range: "A small amount of gold can provide protection and achieve diversification. The key is to avoid over-allocating to any asset."