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Ray Dalio, founder of Bridgewater Associates, recently published a lengthy article sharing his thoughts on the investment decision-making system in the AI era, emphasizing that human insights still hold irreplaceable value in financial markets.Dalio believes that investing is essentially a "value-added near-zero-sum" competitive environment. When certain information becomes widely recognized, its investment value often declines rapidly. Therefore, even the most advanced AI systems are insufficient for investors to rely on completely or to follow blindly; the true competitive advantage still lies in unique human understanding and deep insights.Drawing on Bridgewater's 50 years of development experience, Dalio suggests that decision-making should be based on a clear, understandable, and verifiable principle system. He states that principled thinking does not rely on intuition or experiential judgment, but rather systematizes decision-making standards by analyzing contexts and causal relationships, recording core principles, and utilizing historical data for verification, ultimately transforming them into computable and automatically executable decision systems.He also points out that the formation of principles cannot solely depend on data mining or directly asking AI, but must be based on logical reasoning and an understanding of the operational laws of the real world.Dalio describes this process as a "collaborative game" between humans and AI. In this model, AI provides systematic suggestions based on established principles, while humans engage in independent thinking according to their own principle framework. Both parties continuously optimize the decision-making system through comparison, discussion, and logical verification.He believes that truly valuable principles should transcend time and geography, enduring scrutiny across different historical cycles and market environments. If a principle fails, it is necessary to re-examine the underlying causal relationships and continuously revise it.Dalio states that he has already applied this method in his family office to fully leverage the new generation of AI technology and plans to continue sharing related methodologies with the outside world. He also reminds market participants that as AI technology continues to evolve, the ability to effectively combine artificial intelligence with principled thinking may become an important watershed for future competitiveness.

According to Forbes, Bitcoin bulls have added a macro narrative. Ray Dalio, founder of Bridgewater Associates, warned that the $39 trillion debt crisis in the U.S. could lead to a long-term devaluation or even collapse of the dollar, while JPMorgan analysts believe that the market is witnessing a rotation from gold to Bitcoin in the currency devaluation trade.Dalio stated that the current annual spending in the U.S. is about $7 trillion, with revenues of only about $5 trillion, and the long-term fiscal deficit and debt expansion are nearing historically dangerous levels. He believes that during similar periods, fiat currencies tend to depreciate continuously, while gold benefits.Meanwhile, JPMorgan analyst Nikolaos Panigirtzoglou pointed out that as the conflict in Iran escalates, the inflow of funds into Bitcoin ETFs has continued to exceed that of gold ETFs, with some funds viewing Bitcoin as digital gold and a hedge against dollar devaluation.The report mentioned that since the outbreak of the U.S.-Iran conflict, the price of Bitcoin has risen by about 30%, although it is still below the historical high of $126,000 in 2025. Notable investors, including Stanley Druckenmiller and Elon Musk, have also expressed concerns about the long-term status of the dollar as a reserve currency.

CZ posted on the X platform: "I may have played a role in Ray Dalio, the founder of Bridgewater Associates, allocating to buy Bitcoin; of course, in exchange, I have learned more from him." Previously, it was reported that Ray Dalio disclosed that he has held a small amount of Bitcoin for a long time, which constitutes about 1% of his investment portfolio and has always been the case.

Ray Dalio, the founder of Bridgewater Associates, stated, "I hold a small amount of Bitcoin, and I have almost always had it, making up about 1% of my portfolio. My view on Bitcoin has always been the same. I think the problem with Bitcoin is that it will not become a reserve currency for major countries because it is traceable and, theoretically, could be controlled by quantum computing, hacked, and so on."

The world's largest hedge fund, Bridgewater, has released its holdings report as of the end of the third quarter of this year. The report shows that, as of the end of the third quarter, Bridgewater held 2.51 million shares of Nvidia, a decrease of 65.3% compared to 7.23 million shares at the end of the second quarter. It is worth mentioning that in the second quarter of this year, Bridgewater increased its position in Nvidia by as much as 154.37%. This reduction in holdings indicates that Bridgewater is becoming cautious about Nvidia's future performance. (Jin Shi)

ChainCatcher news, Ray Dalio, the founder of Bridgewater Associates, analyzed the characteristics of Bitcoin and stablecoins and their roles in investment portfolios in a recent interview with Caixin. He stated that he has held a small portion of Bitcoin for many years, and the investment ratio has not changed, viewing Bitcoin as a diversified asset relative to gold. However, he also pointed out the drawbacks of Bitcoin, noting that central banks around the world do not hold Bitcoin.Ray Dalio further added that stablecoins are not a good store of wealth; their essence is that they can be exchanged for corresponding currencies and do not generate interest. Therefore, from a financial perspective, holding stablecoins is not as advantageous as holding interest-bearing fiat assets. The advantage of stablecoins lies in their global usability, serving as a convenient clearing system for transactions, making them suitable for those who do not care about interest.Regarding whether stablecoins can solve the U.S. Treasury issue, he believes that if stablecoin buyers already hold U.S. Treasuries, it is equivalent to transferring Treasuries from one pocket to another. Whether this can create new demand for Treasuries remains to be seen.

ChainCatcher news, SkyBridge Capital founder and CEO Anthony Scaramucci shared his journey from a cryptocurrency skeptic to an advocate during a Q&A session on social media.He stated that although he had the opportunity to engage with Bitcoin as early as 2012, it took him eight years to make his first Bitcoin investment. The reason was that he initially did not understand Bitcoin and was very skeptical of it, but after truly understanding blockchain and Bitcoin, he realized it was a great technological breakthrough.Anthony Scaramucci added that as long as people "do their homework," 90% of them will lean towards Bitcoin.

ChainCatcher news, Bridgewater Associates founder Ray Dalio published an article today discussing stablecoins and cryptocurrencies. His core points include:He does not believe that relaxing regulations on cryptocurrencies will threaten the dollar's status as a reserve currency, but the poor debt situation of the U.S. dollar and other reserve currency governments affects their attractiveness as reserve currencies and stores of wealth, which has been one of the factors driving up the prices of gold and cryptocurrencies.He does not believe that stablecoins' exposure to government bonds poses systemic risks. The real risk is the decline in the actual purchasing power of government bonds; if stablecoins are well-regulated, this should not create any systemic risks.Cryptocurrencies are now a limited-supply alternative currency, so under all else being equal, if the dollar's money supply increases and/or demand for it decreases, this could make cryptocurrencies an attractive alternative currency.

ChainCatcher news, according to Reuters, Bridgewater founder Ray Dalio has sold his remaining shares in the Bridgewater fund and will resign from the board. Bridgewater CEO Nir Bar Dea and co-chair Mike McGavick stated in a letter to clients, "We want to inform you that Bridgewater has recently repurchased the last remaining equity shares held by entities related to Ray Dalio."

ChainCatcher news, according to Decrypt, Bridgewater founder Ray Dalio stated in The Master Investor Podcast that he recommends investors allocate at least 15% of their portfolios to gold and Bitcoin to hedge against the increasing risks in the bond and stock markets.He pointed out that the macroeconomic risks brought about by the rising U.S. government debt have not been fully priced in by the market, which could trigger a significant downturn. Dalio expressed that he personally "strongly prefers" gold over Bitcoin and is skeptical about Bitcoin becoming a central bank reserve currency. He believes that Bitcoin has shortcomings in trading privacy and may face protocol security risks.

ChainCatcher news, ChainCatcher news, SkyBridge Capital founder Anthony Scaramucci stated at the DigiAssets 2025 conference that "SOL will surpass ETH," while indicating that he has no particular view on ETH, although he did not provide a specific timeline for Solana's market cap to exceed that of Ethereum.Anthony Scaramucci added that he only got involved in cryptocurrency in 2020, at which time he did not truly embrace Ethereum, but had a deeper understanding of Solana. Currently, SkyBridge Capital holds nine-figure amounts of Bitcoin and Solana on its balance sheet, with about 40% of client funds invested in digital assets, covering firms like Multicoin Capital and Brevan Howard Digital.In addition to a fund of funds that includes digital funds, there is also a cryptocurrency fund of about $300 million, which may include Solana, Avalanche, Polkadot, and a significant amount of Bitcoin.

ChainCatcher news, according to Decrypt, SkyBridge Capital founder Anthony Scaramucci criticized companies that issue bonds to buy Bitcoin as corporate funds, calling it a dangerous trend that could ultimately harm these companies. While Anthony Scaramucci and Michael Saylor are both optimistic about Bitcoin, he views Bitcoin as "digital gold," whereas Michael Saylor sees Bitcoin as "digital property" with a potential value of $500 trillion.

ChainCatcher news, Bridgewater founder Ray Dalio: The Federal Reserve is in a difficult position and should not cut interest rates.

ChainCatcher news, according to Cointelegraph, Anthony Scaramucci, founder of SkyBridge Capital, stated in a recent podcast interview that although some sovereign wealth funds have marginally allocated Bitcoin, it is difficult to see large-scale capital inflows before the U.S. establishes clear regulatory frameworks for digital assets.He pointed out that if the U.S. passes a stablecoin regulatory bill, allows traditional banks to custody Bitcoin, and makes progress in the tokenization of stocks and bonds, it could trigger a wave of large purchases of Bitcoin by sovereign wealth funds.Anthony Scaramucci emphasized that only when sovereign wealth funds view Bitcoin as part of the global financial infrastructure could it drive the price of Bitcoin to reach a million dollars.

ChainCatcher news, according to SolidIntel, Bridgewater founder Ray Dalio stated that holding Bitcoin is a hedge against inflation.

ChainCatcher news, Bridgewater founder Dalio recently stated that the current global monetary system is based on debt, and governments may devalue their currencies through inflation or low-interest rate policies. Investors should consider whether there is an alternative currency that does not rely on debt and is relatively stable. He believes Bitcoin could be one of the candidates and may play an important role in the future, but emphasized that "money is essentially also debt," and a true alternative currency still needs further exploration.Dalio pointed out that Bitcoin's advantage as a safe-haven asset lies in its strong liquidity; unlike real estate, it is not fixed in one place, making it harder to tax or confiscate. However, he also stressed that the diversity and robustness of investments are more important.When asked about his views on gold, Dalio stated that he is more optimistic about gold than ever before, but advised investors to remain restrained. He believes the future is full of uncertainties, and investors need to build a diversified portfolio to cope with it. He suggested a "cautious" gold allocation of 10% to 15%, which can provide protection while avoiding excessive reliance on a single asset. He emphasized that a reasonable asset allocation is an important strategy to deal with future uncertainties.

ChainCatcher news, according to Jinshi reports, Ray Dalio, the founder of the world's largest hedge fund Bridgewater, recently warned the Trump administration that if it does not immediately commit to reducing the deficit, the United States may face a significant debt crisis within the next three years. Dalio stated, "It's like a heart attack------you are gradually approaching danger. My guess is about three years, with a margin of error of about a year."In the face of currency devaluation risks, Dalio believes that investors must seek "alternatives with stable supply." He specifically pointed out the advantages of Bitcoin: "Unlike real estate, Bitcoin cannot be easily seized or taxed."When asked if he is more optimistic about gold than ever, he gave an affirmative answer: "The current environment indeed enhances the allocation value of gold------but I want to emphasize that no one can accurately predict the future; what investors need is to build a moderately diversified portfolio."Dalio suggested that an allocation of 10%-15% in gold in a theoretical investment portfolio falls within the "prudent" range: "A small amount of gold can provide protection and achieve diversification. The key is to avoid over-allocating to any asset."

ChainCatcher news, according to Bloomberg, Bridgewater founder Ray Dalio has warned the Trump administration that committing to reduce the deficit now is crucial, or there will be a significant risk of a major debt crisis within three years. When discussing the potential devaluation risks of currency, Dalio stated that investors should consider "what are the alternative currencies with stable supply? Bitcoin could be part of that, possibly a large part of it."The reason Dalio favors Bitcoin as a safe haven is that it is not subject to restrictions like real estate and cannot be easily seized or taxed.