Billionaire investor Ray Dalio, founder of Bridgewater Associates, says cryptocurrency has become a true alternative currency.
His comments follow growing doubts about the dollar and the United States’ financial system as debt and inflation climb under the Donald Trump administration.
Ray Dalio said that Crypto is now an alternative currency that has its supply limited, so, all things being equal, if the supply of dollar money rises and/or the demand for it falls, that would likely make crypto an attractive alternative currency. Dollar and the other reserve…
— Wu Blockchain (@WuBlockchain) September 3, 2025
Crypto and Gold as Alternatives
Dalio argued that crypto, like gold, is gaining traction as a hedge against money printing and debt.
“Crypto is now an alternative currency that has its supply limited,” he wrote, adding that if dollar supply keeps rising and demand weakens, crypto will look increasingly attractive as a store of wealth.
While still favoring
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