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Legendary investor Ray Dalio still only holds 1% of his portfolio in Bitcoin — and prefers gold instead.
Speaking on a Thursday episode of the Diary of a CEO podcast, the Bridgewater Associates founder explained that while there are different types of money, and Bitcoin was one of them, gold was a better investment.
Dalio has gone from saying he wouldn’t invest in Bitcoin over the years to finally admitting it was in his portfolio.
“[Bitcoin] is a type of money that can’t be printed, but there are technologies that can hurt it — in other words, if there’s quantum computing,” he said.
“And it can be monitored by governments and so on, and it could…
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