Ray Dario disclosed that it still held bitcoin but only 1 per cent of the portfolio

On 31 July, Bitcoin Magazine reported that Ray Dalio, founder of the Bridge Water Fund, had indicated that only 1 per cent of his portfolio was in bitcoin, which was still preferred to gold. Among the podcasts on Thursday, Dario claimed that bitcoin was a currency that could not be printed indefinitely, but faced technical threats such as quantum computing and could be monitored and taxed by the Government. Dalio, who in the early years had said that he would not invest bitcoin, now admitted to possession, insisted that gold was a better option and stated in the programme that “I prefer gold”. Last year, Dario also acknowledged that bitcoin represented only 1 per cent of its portfolio。