Ray Dalio Endorses Bitcoin as Hedge Against Deepening Global Debt Crisis
Ray Dalio believes Bitcoin will perform well amid a global debt crisis, offering his most direct endorsement yet. The founder of Bridgewater Associates made the comments on August 21 in a LinkedIn post analyzing the precarious state of global government finances.Dalio’s central argument is that the world is entering a critical phase of a long-term debt cycle. The U.S. national debt recently crossed the $40 trillion mark, underscoring the scale of this challenge. He advises investors to ove