Billionaire Bridgewater Associates founder Ray Dalio expresses his preference for "hard money" assets such as Bitcoin and gold, emphasizing the increasing debt levels in major economies.

亿万富翁 Bridgewater Associates 创始人 Ray Dalio 表达了他对比特币和黄金等“硬通货”资产的偏好，并强调了主要经济体不断上升的债务水平。

In his speech during the Abu Dhabi Finance Week, Dalio stated, "I want to steer away from debt assets like bonds and debt and have some hard money like gold and Bitcoin."

达利奥在阿布扎比金融周的演讲中表示，“我想远离债券和债务等债务资产，并拥有一些黄金和比特币等硬通货。”

Dalio's Concerns About Rising Indebtedness

达里奥对债务上升的担忧

The billionaire investor highlighted that debt levels in all major economies, excluding Germany, are rising at "unprecedented levels." He expressed his belief that it is inevitable for these countries to face a debt crisis in the future, leading to "a great decline" in money's value.

这位亿万富翁投资者强调，除德国外，所有主要经济体的债务水平都在以“前所未有的水平”上升。他表示，相信这些国家未来不可避免地面临债务危机，导致货币价值“大幅贬值”。

US National Debt Statistics

美国国债统计

According to the US Debt Clock, the country's total national debt exceeds $36.12 trillion, translating to approximately $107,013 per citizen and $271,790 per US tax payer.

根据美国债务时钟，该国的国债总额超过36.12万亿美元，相当于每个公民约107,013美元，每个美国纳税人约271,790美元。

Dalio's Shift in Stance on Crypto

达里奥对加密货币立场的转变

Dalio's advocacy for gold and Bitcoin reflects a change in his stance towards digital assets. In 2021, he had expressed doubts about the viability of Bitcoin and cryptocurrencies. However, in 2022, he acknowledged the merits of allocating a small portion of investment portfolios (around 2%) to BTC as a hedge against inflation, alongside gold.

达里奥对黄金和比特币的倡导反映了他对数字资产立场的转变。 2021年，他曾对比特币和加密货币的生存能力表示怀疑。然而，到了 2022 年，他承认将一小部分投资组合（约 2%）分配给 BTC 与黄金一起对冲通胀的优点。

Despite his shift in perspective, Dalio still favors gold over Bitcoin, citing crypto's relatively smaller asset class size.

尽管观点发生转变，达里奥仍然更喜欢黄金而不是比特币，理由是加密货币的资产类别规模相对较小。