Ray Dalio, the American investor and founder of the world's largest hedge fund Bridgewater Associates, shared his views on investing in bitcoin (BTC) and gold instead of debt assets. At the Abu Dhabi Finance Week event, he emphasized that major economies are facing a debt crisis, causing the value of debt assets to decline.
Dalio believes that BTC and gold are the best "hard money" to preserve wealth in a volatile world. He was once a critic of Bitcoin but has now become a supporter as BTC surpassed the $100,000 mark. 🌟
Dalio advises to think strategically and take a global perspective, not just focusing on short-term fluctuations. 🌍