Ray Dalio dey back 15% gold and Bitcoin cover for US debt rise

Ray Dalio wey be di founder of Bridgewater Associates dey advise investors make dem put 15% of dia money for gold and Bitcoin to protect dia money from currency waka downgrade as US national debt dey climb. Dis one big pass di earlier advice wey e give to put only 1–2% for Bitcoin. Dalio talk say Bitcoin supply dey limited and e fit transact anywhere for di world but e still get small wahala dem dey see about transparency and code change risk wey fit affect am as reserve currency. According to US Treasury data, the debt don pass $37.1 trillion and debt-to-GDP ratio don cross 123%. E warn say if dem issue almost $12 trillion Treasury next year, e fit make interest rate go high, dollar dey weak and stock market go dey shake. Dalio believe say dis long-time debt cycle no fit last and e dey tell people make dem spread dia money for gold and Bitcoin so dat dem money go safe from big market crash and inflation.
Bullish
Dalio wan endorse 15% Bitcoin allocation together with gold by one big macro investor show say institutional confidence strong, e fit boost market demand. For short term, this high-profile recommendation fit push trading volume and price jump. For long term, when dem dey frame Bitcoin as hedge against US debt pressure e reinforce its store-of-value story, e go encourage steady accumulation and fit reduce volatility.