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Why Ray Dalio says Bitcoin can’t replace gold

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 61 Views

Why Ray Dalio says Bitcoin can’t replace gold

Ray Dalio argues Bitcoin cannot replace gold as a store of value, citing central bank demand, market maturity and Bitcoin’s risk-asset behavior.

Ray Dalio argues that Bitcoin cannot replace gold as the world’s primary store of value because gold has thousands of years of history as money and remains deeply embedded in the global financial system.

Gold’s role in central bank reserves gives it institutional legitimacy that Bitcoin currently lacks, making governments more likely to rely on gold during periods of economic uncertainty.

Dalio believes Bitcoin behaves more like a risk asset, often moving alongside technology stocks and other speculative investments rather than acting as a traditional safe-haven during market turmoil.

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