# @raydalio on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DPT7dfkiY0E
- **Gondola URL:** https://gondola.cc/posts/65335627-raydalio-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/76018b4a31.jpg
- **Posted:** 2025-10-02T15:11:14.000+00:00
- **Account Owner:** Ray Dalio (@RayDalio) — https://gondola.cc/RayDalio

## Caption

I can’t say exactly how effective Bitcoin is as a money, but it’s being perceived by many as an alternative money and so is worth paying attention to.

Money needs to be both a medium of exchange and a storehold of wealth — and the latter is more important.

I doubt that any central bank will take it on as a reserve currency. That’s because all of the transactions are public, so there’s no privacy to it, and there’s a risk that in the future the code could be broken to make it less effective through government controls.

My personal approach is that I do have some Bitcoin in my portfolio, but not much.

## Stats

- **Views:** 76,808
- **Likes:** 3,412
- **Shares:** 0
- **Comments:** 230

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| 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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