Ray Dalio’s delivery funds show what can make digital assets more attractive than the dollar

Billionaire Ray Dalio, the founder of one of the greatest decline funds, said that digital currencies could become an attractive alternative to the US dollar due to the low debt currencies and their loss of ingredient to save wealth; In an article of his account on the X platform today, Wednesday, Dalio described digital currencies as limited “alternative currencies”, saying that if the dollar continues to increase or reduce demand for IT, investors can consider digital currencies as a better option.

Dalio’s tweet – which founded and transformed the partners of Bridgewateer into the biggest drainage boxes – to clarify the recent comments he made to the Financial Times, because he indicated that the majority of traditional currencies – in particular the weights of large debts – will be confronted with difficulties to keep at its value, there are historical precedents similar to its opinion, because similar scenarios emerged Between 1930 and 1940, and renewed between 1990, because 1980.

The burden of the increase in debts limits the attractiveness of currencies of cash reserves

Dalio added that the reduction in organizational restrictions does not threaten the position of the dollar as a global safeguard currency, pointing – in return – to the burden of increasing debts of the United States and other authorities to issue cash reserves as a real danger, which has contributed to high conditions such as these, digital watches and digital worlds.

On the other hand, Dalio has reduced the concerns related to the formation of stable currencies – some of which are supported by parallel balance sheets of the US Treasury obligations – structural risks for the financial system, explaining that the biggest problem lies in the decline in the purchasing power of the wealthy of the treasury in itself by saying to you: “This should not cause stable currencies with good structural procedures regulation. “

Dalio warns investors that the United States faces a “typical decline” of the value of its currency

Last July, Dalio advised investors to allocate approximately 15% of the assets of their Bitcoin-BTC investment bags or their gold, warning that the United States is confronted with the risk of “traditional decline” for the value of its work similar to the events of the crisis of the 1930s and the 1970s of the last century, following the crisis of increasing debt which can reach “the release point of the last century.

To prove his point of view, Dalio has provided shocking data that the US government spends about 7 year -old dollars each year while obtaining income from only $ 5 billions, leaving a deficit of 2 dollars.

To cover its obligations, Washington must sell new debt bonds estimated at 12 billions of dollars next year. He added that the advantages of these obligations alone have reached 1 billion of dollars per year, which is equivalent to half the budget deficit.

Dalio’s vision is derived from the role of gold as the second largest reserves

Dalio has always expressed his preference to invest in gold on Bitcoin, highlighting the role of gold as the second greatest active in world reserves, considering precious metal as a stronger coverage tool even if it sees the potential of digital currencies.

It should be noted that this year, Dalio warned that the United States could be confronted with a more deep crisis than the simple economic recession if President Trump has offended the management of the most complete customs prices and economic policies, and the recent declarations of Dalio reflect the growing anxiety among the investors who see the inflation of debt the greatest threat to the domination of the dollar.

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