$BTC The billionaire investor expressed concern that the US risks being bypassed as other countries adapt to these separations, establishing new trade networks and economic “synapses” that exclude the US. This shift could further erode trust in the US dollar, which is already losing ground amid global economic uncertainty.
While he did not specify which currencies might gain prominence, Dalio has previously advocated for “hard money” assets like Bitcoin (BTC) and gold as hedges.
“I want to steer away from debt assets like bonds and debt, and have some hard money like gold and Bitcoin,” Dalio said during the Abu Dhabi Finance Week (ADFW) in December 2024.
Global Monetary System at Risk: Is Bitcoin the Solution?
The warning has resonated within the cryptocurrency community. Jeff Park, Head of Alpha Strategies at Bitwise, stated that Dalio’s recent comments signal a looming “dedollarization” threat.
Park emphasized that Dalio’s shift from supporting China to acknowledging US economic imbalances suggests the global move away from the US dollar is approaching faster than many anticipate, a concept long recognized by Bitcoin advocates.
