Ray Dalio: Rising Dollar Supply Could Boost Crypto’s Appeal as Alternative Currency

Billionaire investor Ray Dalio says mounting government debt and an expanding dollar supply could make cryptocurrencies increasingly attractive as alternative currencies.

In a Financial Times interview he later republished to correct what he called mischaracterizations, the Bridgewater Associates founder argued that fiat currencies weighed down by debt are losing their effectiveness as stores of value, echoing historical precedents from the 1930s and 1970s. Dalio noted that limited-supply assets like crypto and gold are benefiting from this dynamic, with rising prices reflecting investor skepticism toward traditional reserves.

While he downplayed systemic risks tied to stablecoins’ exposure to U.S. Treasuries, Dalio warned that declining purchasing power in government bonds poses a broader concern.

Clever Robot News Desk 5^th September 2025