Ray Dalio Picks Gold Over BTC Again.



Ray Dalio said that Bitcoin has not become the “quiet safe haven” many expected it to be.

🟠 BTC lacks full privacy: transactions can be tracked and potentially controlled
🟠 Because of this, central banks do not treat it as a true reserve asset
🟠 Bitcoin remains highly correlated with tech stocks and is often sold with risk assets
🟠 Gold is still larger, more established and deeply embedded in the global financial system

For Dalio, BTC is still a new-market asset, while gold remains the old financial armor nobody has really taken off.

$BTC
{spot}(BTCUSDT)
$XAU
{future}(XAUUSDT)
BTC-1.8%
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