Billionaire Ray Dalio Becomes a Bitcoin Convert? No, but His Advice Can Push $HYPER Up

Former anti-crypto advocate and billionaire Ray Dalio advised investors to allocate at least 15% of their portfolio to Bitcoin amid fears of a potential global debt crisis.

This comes four years after Dalio claimed that the US government is likely to ban Bitcoin in the same way it did with gold.

‘Every country treasures its monopoly on controlling the supply and demand. They don’t want other monies to be operating or competing, because things can get out of control.

So I think that it would be very likely that you will have it, under a certain set of circumstances, outlawed the way gold was outlawed.’

This statement came just two months before Dalio admitted that he has since purchased Bitcoin as a hedge against the dollar.

Since then, Dalio’s stance on Bitcoin has strengthened, with the Bridgewater Associates founder stating, during The Master Investor Podcast, that Bitcoin is a safety net against the government’s increased debt deficit.

Despite his increasing optimism about Bitcoin’s prospects, Dalio still favors gold over the digital asset because he doesn’t believe central banks will adopt Bitcoin as a reserve currency.

The reason is that this would violate the fundamental principles of Bitcoin:

‘(Central banks won’t accept it as reserve currency) because everybody can understand and watch who is doing what transactions on it, so there’s no privacy to it.’

In other words, Bitcoin would become centralized, which conflicts with the philosophy established by Satoshi Nakamoto, who created Bitcoin to be people’s money: decentralized, anonymous, and free.

But Dalio’s core message remains clear: investors should allocate at least 15% of their portfolios to Bitcoin because he believes the asset serves as a hedge against the devaluing dollar and increasing economic instability.

Dalio’s advice is more targeted at the general investor group, as institutional investors have already begun accumulating.

Based on data from Bitcoin Treasuries, 282 institutional entities hold 923,327 Bitcoins, with Strategy leading the pack with 607,770 coins.

This indicates that Bitcoin is gaining increased trust and support, which is likely to lead to unprecedented heights. When that occurs, projects like Bitcoin Hyper will also rally, especially because of its clear utility within the Bitcoin ecosystem.

As Bitcoin’s official Layer 2, Bitcoin Hyper ($HYPER) aims to improve Bitcoin’s performance to meet modern standards, resulting in faster transactions and lower network fees.

The Canonical Bridge is the first tool designed to assist with this, acting as a link between Bitcoin’s native layer and Hyper’s Layer 2. Users deposit their tokens into the Canonical Bridge, which then mints an equivalent amount into Layer 2.

The tokens can be used within the Hyper ecosystem and withdrawn to the Bitcoin layer when needed.

The Canonical Bridge will decongest the network, allowing for near-instant finality thanks to the vastly shorter confirmation times.

The Solana Virtual Machine (SVM) is a welcome addition, enabling ultra-fast execution of smart contracts and DeFi apps, further enhancing Bitcoin’s performance to Solana-level standards.

$HYPER has been in presale since May and currently exceeds $5.6M, with a token price of $0.01245. These figures indicate that investor confidence in the project is strong, which supports the expectation that $HYPER will perform very well after launch.

Especially if the project successfully implements and upgrades on point, leading to mass adoption and hype buys.

If you want to join the project and support Hyper on its way to accomplish what the Lightning Network couldn’t, visit the presale page and purchase your $HYPER at the presale price.

The growing institutional interest in Bitcoin, along with increasingly favorable legislation like Trump’s GENIUS Act, appears to signal a bright future for Bitcoin.

While it’s hard to predict how high the ‘people’s coin’ will go, we can confidently say that Bitcoin’s potential is far from being fully realized. Projects like Bitcoin Hyper ($HYPER) could bring the King coin closer to that in the years ahead.

This isn’t financial advice, so do your own research (DYOR) carefully before investing.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.