So, Ray Dalio, this *very* important guy, is telling people to put 15% of their money into Bitcoin or gold? 15%! Like that’s a normal thing. It’s like saying, “Hey, you know what? Just casually throw a chunk of your life savings at… digital scarcity.” What is this, a fantasy novel? And gold?! Gold? Is he prepping for the apocalypse? I mean, what am I, a prepper? I just want to enjoy a decent pastrami on rye, not worry about fiscal imbalances!
Legendary Investor Sounds The Alarm…Or Is He Just Looking For Attention?
This Dalio character, founder of Bridgewater Associates – whatever *that* is – is suddenly all concerned about “turbulent times.” Oh, *now* he’s concerned. When things are going smoothly, everyone’s a genius. Then a little wobble and suddenly it’s “allocate to Bitcoin!” It’s always something. I’m telling you, these financial people… they just create problems so they have something to fix.
He was on some podcast, talking about how if you’re “neutral” on everything, 15% in gold or Bitcoin is the “favorable risk-to-reward ratio.” Neutral?! Who is *neutral* on everything? What kind of life is that?! It’s either good or bad, people! There’s no in-between. And “favorable risk-to-reward”? That’s just jargon to make people feel better about potentially losing everything.
And apparently, he *prefers* gold. Of course he does. Because that’s… safe. Gold! Like that hasn’t been a rollercoaster of its own. It’s all ridiculous. Ultimately, he says it depends on your “conviction.” Conviction! Like it’s a religion? Pick a side, Dalio!
He’s going on about the national debt. Six times our revenue? Okay, I don’t know about all that. I’m just trying to figure out why the grocery bill is so high! And $12 trillion in bonds? That’s a lot of bonds. A *lot*. Honestly, it just sounds… exhausting. 😩
He still has some Bitcoin he bought in 2021? Well, good for him. Probably forgot about it until someone asked. He likes its limited supply… and people *believe* it’s money. “Believe”?! That’s the key word. It’s all based on belief! It’s like a collective delusion. And he doesn’t think central banks will hold it because it lacks privacy. OF COURSE it lacks privacy. Everything lacks privacy these days. 🙄
Some Company Is Buying More Bitcoin. Of Course.
Sequans, a company that makes… IoT chips? I don’t even know what that means. Anyway, they’re buying more Bitcoin. $88.5 million worth. 755 more Bitcoins. Bringing their total to… 3,072. I mean, come *on*. They’re “doubling down.” It’s a phrase, you know? Like they’re at a casino. It’s just… aggressively silly.
They used money from an equity offering. So, they asked people for money, and then they bought Bitcoin with it? It’s brilliant! Absolutely brilliant! (Said with maximum sarcasm). Their stock is “turbulent,” naturally. It always is. And they view it as a “long-term treasury asset.” Oh, right, because that makes perfect sense.
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2025-07-30 07:43