Deep Tide TechFlow News, on August 26, according to the Xiansheng Podcast, Bridgewater Associates founder Ray Dalio stated in his first Chinese podcast interview that he holds a small amount of Bitcoin as a diversification tool, but compared to Bitcoin, gold is more attractive. The disadvantage of Bitcoin is that central banks will not hold it. In contrast, gold is the second-largest central bank reserve currency after the US dollar.

Regarding stablecoins, Dalio believes they are only suitable for high-inflation countries or users who do not consider interest for trading purposes. Due to the lack of interest income, unlimited supply, and the fact that the value of stablecoins will depreciate along with fiat currency, they are not suitable as an investment for most people. He emphasized that the true risk-free asset today should be inflation-linked bonds, not stablecoins or US Treasury bonds.