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Billionaire investor <a href="https://www.thestreet.com/crypto/markets/billionaire-ray-dalio-sends-harsh-warning-on-bitcoin" rel="noopener noreferrer nofollow">Ray Dalio</a> doesn't shy away from wading into the gold versus Bitcoin (BTC) controversy, and when he <a href="https://www.youtube.com/watch?v=Bu0xNDLNORU" rel="noopener noreferrer nofollow">appeared</a> on "The Diary of a CEO" podcast on July 30, he again doubled down on his preference for the precious metal over the cryptocurrency.Bitcoin is a type of money that can't be printed, but technological threats such as&nbsp;quantum computing can hurt it, he said. In addition, the cryptocurrency can be&nbsp;monitored by governments, which can then tax these digital assets, he warned.<a href="https://www.thestreet.com/crypto/markets/billionaire-ray-dalio-sends-harsh-warning-on-bitcoin" rel="noopener noreferrer nofollow">Related: Billionaire Ray Dalio sends harsh warning on Bitcoin</a>Bitcoin makes up only 1% of his investment portfolio, the billionaire revealed the exact figure.However, it isn't the first time he has disclosed the figure, as he <a href="https://www.cnbc.com/2025/11/20/ray-dalio-ai-bubble-sell-market-stocks.html" rel="noopener noreferrer nofollow">admitted</a> the same in an interview in November 2025.<h3 id="trending-on-thestreet-roundtable">Trending on TheStreet Roundtable:</h3><ul><li><a href="https://www.thestreet.com/crypto/markets/us-treasury-attacks-irans-hormuz-extortion-network" rel="noopener noreferrer nofollow">U.S. Treasury attacks Iran's Hormuz 'extortion' network</a></li><li><a href="https://www.thestreet.com/crypto/markets/tether-boosts-gold-holdings-to-over-146-tons" rel="noopener noreferrer nofollow">Tether boosts gold holdings to over 146 tons</a></li><li><a href="https://www.thestreet.com/crypto/markets/americans-who-lost-money-in-a-crypto-bankruptcy-get-a-second-chance" rel="noopener noreferrer nofollow">Americans who lost money in a crypto bankruptcy get a second chance</a></li></ul><h2 id="why-dalio-prefers-gold-over-bitcoin">Why Dalio prefers gold over Bitcoin</h2>Moreover, Dalio reiterated that he prefers gold over Bitcoin. The argument isn't new.<a href="https://www.thestreet.com/crypto/markets/billionaire-ray-dalio-sends-harsh-warning-on-bitcoin" rel="noopener noreferrer nofollow">As reported earlier</a>, the&nbsp;Bridgewater Associates founder has argued that&nbsp;fiat currency essentially means a promise from a central authority.&nbsp;But the government can print more money when the debt rises, but it devalues the fiat currency. In contrast, an asset with a limited supply doesn't lose value, he argued.<blockquote>“Gold is the only long-term historic asset for reasons.”</blockquote><a href="https://www.thestreet.com/crypto/markets/gold-prices-fall-amid-inflation-risks" rel="noopener noreferrer nofollow">Gold, </a>he said, can't be printed, is globally recognized, and can be transferred across countries without relying on a counterparty’s promise. In contrast, Bitcoin doesn't have privacy as any transaction can be monitored and controlled, he said.No central bank will embrace an asset running on a public ledger, he has argued.Gold's price stood at $4,054.54 at press time, up more than 20% in a year. Bitcoin, on the other hand, has lost 45% of its value in a year and was trading at&nbsp;$62,917.44 at press time.<a href="https://www.thestreet.com/crypto/markets/cathie-wood-trims-ethereum-exposure-on-11th-anniversary" rel="noopener noreferrer nofollow">Related: Cathie Wood trims Ethereum exposure on 11th anniversary</a>

Billionaire Ray Dalio reveals exact Bitcoin allocation

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