Billionaire Dalio Backs 15% Bitcoin (BTC) or Gold Allocation
Main Idea
Billionaire Ray Dalio recommends allocating 15% of investments to Bitcoin or gold, while expressing concerns about Bitcoin's technological aspects and the US debt situation.
Key Points
1. Ray Dalio suggests investors allocate 15% of their money to gold or Bitcoin, leaving the choice to individual investors.
2. Dalio questions Bitcoin's technological aspects, though specific concerns are not detailed in the article.
3. He highlights the US debt situation, noting that the US will need to sell about $12 trillion in debt in the coming year.
4. The article mentions Bitcoin proponents urging investors to buy more BTC following Dalio's comments.
Description
Billionaire Ray Dalio has endorsed a 15% allocation to either Bitcoin or gold amid concerns about the devolution of the dollar
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