Founder of Bridgewater Fund: Still holding BTC, but gold is more suitable for private holding and not taxed than BTC

Odaily reported that Ray Dalio, the founder of Bridgewater Associates, discussed again in a recent podcast interview. He mentioned the craze and said that he has observed currency depreciation through market trends, especially relative to gold, , or other physical assets. More broadly, all fiat currencies are depreciating, while gold, , or other hard assets are appreciating relatively. or other digital assets are worth discussing, and while commodities can hedge against inflation, they lack the store-of-value function that people can hold long-term like gold or as a wealth preservation tool. Additionally, he revealed that he still holds some , but far less than gold, as is one of his diversified investments, but he leans more towards gold because gold has several unique advantages: it can move freely between countries; central banks hold it as a reserve asset; it is harder to regulate than , allowing for more "privacy" in holding it; and it cannot be easily taxed, unlike , as regulators know the transaction path of and can easily regulate and tax it.