Dalio prefers Bitcoin and gold as investments: RAY Dalio expressed that he prefers Bitcoin and gold over traditional bonds. At a recent conference, he highlighted unsustainable debt levels in MAJOR economies such as the United States and China as a MAJOR concern for investors.
Bitcoin’s market cap versus gold: Currently, Bitcoin’s market cap stands at 1,900 billion USD, while gold’s market cap is approximately 18,300 billion USD. This discrepancy indicates that Bitcoin needs to rise significantly in value to challenge gold as the primary store of value.
Predictions for Bitcoin’s future: Experts predict that Bitcoin could potentially replace gold as the main store of value within the next decade. Galaxy Digital’s CEO anticipates that this shift may happen within five years, underscoring the evolving nature of digital assets.