The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Hedge Fund Legend Ray Dalio Says Gold Has This One Advantage Over Bitcoin

by Daily Hodl Staff
December 27, 2021
in Bitcoin

Veteran hedge fund manager Ray Dalio is saying that gold is still his favorite asset because it has qualities that are not found in Bitcoin (BTC).

In a new interview on the Lex Fridman Podcast, Dalio says that in terms of traceability, the yellow metal has an edge over the leading digital asset. 

“Gold is still my favorite because of certain qualities. For example, you can’t trace it. In Bitcoin, you can trace who owns it, where it’s going and so on. Governments can have that ability to trace it and so on. A gold piece of coin, it’s not connected. I think not connected has benefits particularly in a world where maybe connections can be more risky.”

The billionaire also cites other reasons why despite the rising popularity of Bitcoin, he still prefers gold over BTC. 

“Also gold has been, for many thousands of years, universally recognized as a source of money and central banks, it’s the third-largest source of money in central bank reserves and I don’t think Bitcoin is going to serve those types of purposes and so on. So for various reasons, I prefer gold to the other but it’s a little bit part of my mix.”

Although Dalio still favors gold, the investor gives Bitcoin credit for what it accomplished over the years and says it has succeeded in becoming an alternative form of money.

“The evolution of Bitcoin over the years is one of the things that has influenced changes in my view.  It has proven itself…

It has not been hacked. It has operated. It is built.  It has come an amazing way over that 11 years to be probably the most exciting topic among a lot of people and has been used and has obtained the status of having imputed value. 

At the same time, it is one of those assets that is an alternative money. I think we’re entering an era where there’s going to be a competition of moneys because of the printing of fiat money and the depreciated value. There will be a competition of money and Bitcoin is part of that competition.”

O

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/NeoLeo

Submit a Press Release

Industry Announcements

  • BTCC Exchange Appoints Dan Liu as CEO Ahead of 14th Anniversary Milestone
    May 21, 2025
  • Bitcoin Suisse Secures In-Principle Approval From ADGM’s Financial Services Regulatory Authority
    May 21, 2025
  • Beer 2.0 – The Memecoin That’s Brewing Something Bigger on Solana
    May 20, 2025
  • Wall Street Ponke Launches With AI Tools, Learning Hub and Over $300,000 Raised in Hours
    May 20, 2025
  • Reppo Launches World’s First Liquid Node Sale, Pioneering Decentralized Data Infrastructure
    May 20, 2025
  • BingX AI Evolution Begins – A $300 Million Vision To Build the Future of AI-Powered Crypto
    May 20, 2025
  • Imrat Group Gains Priority Access to New Product – Bybit Launches Direct Stock Trading via Tether Stablecoin
    May 20, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$108,172.98
$108,172.98
1.19%
Ethereum
$2,503.28
$2,503.28
0.34%
BNB
$669.72
$669.72
3.17%
Solana
$170.46
$170.46
1.32%
XRP
$2.38
$2.38
1.22%

Spotlight

  • Here’s When It’ll Be Time To Flip Cautious on Crypto Markets, According to Analyst Jason Pizzino
    May 14, 2025
  • SEC Chair Paul Atkins Says Rational Regulatory Framework Needed for US To Become ‘Crypto Capital of the Planet’
    May 14, 2025
  • Low Cap Nasdaq-Listed Firm Reveals $300,000,000 Fundraising Plan To Acquire Crypto, Including President’s TRUMP Token: Report
    May 14, 2025
  • JPMorgan Chase Settles First Transaction on Public Blockchain Using Chainlink (LINK) and Ondo Finance (ONDO): Report
    May 14, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl