TechFlow news, July 28 — According to Decrypt, Ray Dalio, founder of Bridgewater Associates, said on The Master Investor Podcast that investors should allocate at least 15% of their portfolios to gold and bitcoin to hedge against rising risks in bond and stock markets. He noted that macroeconomic risks stemming from rising U.S. government debt have not been fully priced into the market and could trigger a significant downturn.
Dalio stated he has a "strong preference" for gold over bitcoin personally, and expressed skepticism about bitcoin becoming a central bank reserve currency. He believes bitcoin falls short in transaction privacy and may face protocol-level security risks.
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