In a recent podcast appearance, Bridgewater Associates founder Ray Dalio shared his insights on Bitcoin and gold as investment vehicles. According to Foresight News, Dalio maintains a small allocation of Bitcoin for diversification but favors gold, viewing it as a safe haven asset due to its historical significance as the second-largest reserve currency. He explains that while Bitcoin has potential as a store of wealth, its lack of central bank backing presents a challenge. Dalio highlights gold’s unique advantage – its ownership is direct and uninfluenced by any entity’s solvency or stability, meaning its value is primarily determined by supply and demand within the market.