# @raydalio on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DYNl0iEKqDl
- **Gondola URL:** https://gondola.cc/posts/65335603-raydalio-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/380dfef4f8.jpg
- **Posted:** 2026-05-11T20:52:42.000+00:00
- **Account Owner:** Ray Dalio (@RayDalio) — https://gondola.cc/RayDalio

## Caption

While Bitcoin gets a lot of attention, it hasn’t played the safe-haven role many expected. In my view, there are a few reasons why.

First, Bitcoin lacks privacy. Transactions can be monitored and potentially controlled, which is why central banks aren’t looking to hold it.

Second, it also has a high correlation with tech stocks. When investors get squeezed in other areas of their portfolio, they sell their Bitcoin to cover it.

Third, it’s a relatively small and controllable market, whereas gold stands alone. There is only one gold.

Ultimately, gold is more widely held, deeply established, and still plays a central role in the global system.

## Stats

- **Views:** 22,682
- **Likes:** 1,166
- **Shares:** 0
- **Comments:** 82

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Ray Dalio | @RayDalio | https://gondola.cc/RayDalio | Client |
| Julian Smith | @byjuliansmith | https://gondola.cc/byjuliansmith | Graphic Designer |
| Julian Smith | @byjuliansmith | https://gondola.cc/byjuliansmith | Video Editor |

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