Dalio Sees Bitcoin Thriving Amid Global Debt Crisis

Billionaire investor Ray Dalio has given a boost to Bitcoin's case as a potential hedge against rising debt and fiscal pressure on traditional currencies.

Dalio, who still prefers gold, sees growing pressure across major economies including the United States, Europe, China, and Japan due to rising debt and deficits.

The warning comes as US national debt has surpassed $40 trillion and the Congressional Budget Office projects federal debt held by the public to reach 120% of GDP by 2036.

Dalio's comments reflect his broader view that scarce assets can offer protection when confidence in fiat currencies weakens, giving Bitcoin a distinct role in portfolios seeking exposure to limited supply.