Ray Dalio says 'there is only one gold' as bitcoin outperforms gold during worst geopolitical crisis in years

Ray Dalio, the founder of Bridgewater Associates, stated that "there is only one gold," referring to the enduring value of gold as a safe-haven asset. Despite this, Bitcoin has outperformed gold during recent geopolitical crises, highlighting its growing acceptance and resilience. Dalio acknowledged the unique attributes of Bitcoin but emphasized that gold remains a critical asset for wealth preservation. The current geopolitical tensions have led investors to seek refuge in both gold and Bitcoin, with the latter gaining traction among institutional investors.

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