Ray Dalio Maintains Cautious View on Bitcoin with 1% Stake

Bitcoin Magazine

Ray Dalio Maintains Cautious View on Bitcoin with 1% Stake

The billionaire investor and founder of Bridgewater Associates, Ray Dalio, has once again expressed his skepticism regarding Bitcoin, revealing that he maintains a mere 1% allocation of the cryptocurrency within his investment portfolio.

In a recent segment on CNBC’s Squawk Box, Dalio stated, “I have a small percentage of Bitcoin… I’ve held it for a long time, just 1% of my portfolios,” emphasizing his reserved approach toward this digital asset.

Known for his macroeconomic perspectives and cautious view on Bitcoin, Dalio articulated that the cryptocurrency faces significant structural issues that could impede its acceptance as a global reserve currency.

He highlighted the aspects of transparency and traceability that Bitcoin possesses, arguing that governments are unlikely to adopt a monetary system that is completely observable.

“It’s not going to be a reserve currency for major countries because it can be tracked,” he remarked, underscoring his belief that this characteristic is a barrier to Bitcoin's mainstream adoption.

In addition to regulatory challenges, Dalio pointed out potential long-term security threats. He suggested that advancements in computing, particularly in quantum technology, could one day pose risks to Bitcoin’s cryptographic integrity.

“It could be conceivably, with quantum computing, controlled, hacked, and so on and so forth,” he cautioned, expressing concern over the future security of the network.

According to blockchain analytics firm Chainalysis, breakthroughs in quantum technology could potentially compromise Bitcoin’s security within the next 10 to 15 years, highlighting the ongoing technical hurdles that the network may face.

Dalio has a history of expressing doubts about Bitcoin’s future. In 2021, he raised alarms about the possibility of governmental intervention should the cryptocurrency gain widespread acceptance, stating, “If it becomes really successful, they will kill it. And they have ways of killing it.”

Despite his skepticism, Dalio has also acknowledged Bitcoin’s resilience, noting in subsequent discussions that it has “proven itself… it hasn’t been hacked, it’s stood the test of time.”

According to Bridgewater Associates’ filings with the SEC for Q3 2025, the firm holds a substantial $25.53 billion U.S. equity portfolio comprising over 1,000 positions.

While he has previously likened Bitcoin to digital gold, Dalio continues to recommend traditional asset hedges like gold, which he describes as an asset “you can hold, and you’re not dependent on someone to provide it.”

Dalio’s remarks come in the wake of market instability, as Bitcoin recently fell under $86,000 amid delays in U.S. employment data and broader economic pressures. After reaching an all-time high in October, Bitcoin has since experienced a decline of 32%.

As of the latest updates, Bitcoin’s price stands at $86,521, according to Bitcoin Magazine Pro data.