{"id":28274,"date":"2026-05-12T08:38:36","date_gmt":"2026-05-12T08:38:36","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ray-dalio-questions-bitcoin-safe-haven-role-as-saylor-fires-back\/"},"modified":"2026-05-12T08:39:10","modified_gmt":"2026-05-12T08:39:10","slug":"ray-dalio-questions-bitcoin-safe-haven-role-as-saylor-fires-back","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ray-dalio-questions-bitcoin-safe-haven-role-as-saylor-fires-back\/","title":{"rendered":"Ray Dalio questions Bitcoin safe-haven role as Saylor fires back"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p><strong>Bridgewater Associates founder Ray Dalio said Bitcoin has not acted as the safe-haven asset many investors expected.\u00a0<\/strong><\/p>\n<div id=\"cn-block-summary-block_3b53d10aef9abcd44a7017129f5ed122\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ray Dalio said Bitcoin lacks privacy because transactions can be monitored and possibly controlled.<\/li>\n<li>Dalio argued investors often sell Bitcoin during market stress to raise liquidity elsewhere.<\/li>\n<li>Michael Saylor pushed back, calling gold analog capital and Bitcoin digital capital for collateral.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>In a May 11 post, he said Bitcoin gets heavy attention but has fallen short when compared with gold during market stress.<\/p>\n<p>Dalio <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/RayDalio\/status\/2053938354425602279?s=20\" target=\"_blank\" rel=\"nofollow\">pointed<\/a> to three issues. He said Bitcoin lacks privacy, trades with a strong link to tech stocks, and remains small compared with gold. He also said gold has a deeper role in the global financial system.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Privacy remains a key concern<\/strong><\/h2>\n<p>Dalio wrote, \u201cFirst, Bitcoin lacks privacy.\u201d He added that transactions can be monitored and potentially controlled. In his view, that makes Bitcoin less attractive to central banks as a reserve asset.<\/p>\n<p>Bitcoin\u2019s public ledger is part of its design. All confirmed transactions are recorded on a shared blockchain, allowing the network to verify ownership and spending without a central authority. That structure supports transparency, but it also creates the privacy concern Dalio raised.<\/p>\n<p>Moreover, Dalio also said Bitcoin has not behaved like gold during stress periods. He said investors often sell Bitcoin when they need cash to cover pressure elsewhere in their portfolios. He added that Bitcoin\u2019s link to tech stocks weakens its safe-haven case.<\/p>\n<p>He contrasted that with gold, which he said remains widely held and deeply established. Earlier related coverage on crypto.news noted that Bitwise analysis found gold offered stronger downside protection during market drawdowns, while Bitcoin delivered stronger gains during recovery periods.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Saylor defends Bitcoin<\/strong><\/h2>\n<p>Strategy executive chairman Michael Saylor <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/saylor\/status\/2053977368071393530?s=20\" target=\"_blank\" rel=\"nofollow\">pushed<\/a> back against Dalio\u2019s view. He said gold is \u201canalog capital\u201d while Bitcoin is \u201cdigital capital.\u201d He also said Bitcoin\u2019s transparency is a feature, not a flaw, because it supports its use as global collateral.<\/p>\n<p>Saylor added that Bitcoin has outperformed gold since Strategy adopted its Bitcoin standard in August 2020. His response showed the split between investors who see Bitcoin as a risk asset and those who view it as a long-term monetary asset.<\/p>\n<p>Dalio has not fully rejected crypto. Earlier crypto.news coverage noted that he has held some cryptocurrency, but prefers gold because of Bitcoin\u2019s volatility, traceability, and uncertain reserve role.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bridgewater Associates founder Ray Dalio said Bitcoin has not acted as the safe-haven asset many investors expected.\u00a0 Summary Ray Dalio said Bitcoin lacks privacy because transactions can be monitored and&hellip;<\/p>\n","protected":false},"author":1,"featured_media":28275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=28274"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28274\/revisions"}],"predecessor-version":[{"id":28276,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28274\/revisions\/28276"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/28275"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=28274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=28274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=28274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}