Capital Wars
Search documents
Banks Are Losing 'Confidence In Fiat,' Claims Billionaire Ray Dalio — Why Are Bitcoin Traders Celebrating?
Yahoo Finance· 2026-01-21 13:07
Key Takeaways Ray Dalio warned that confidence in fiat currencies and debt as stores of value is weakening. His comments sparked debate among Bitcoin traders about whether it could be a win for the price. Dalio previously linked gold’s rally to central bank liquidity and falling real yields. Billionaire investor Ray Dalio warned that the global monetary system is under strain, arguing that confidence in fiat currencies and debt as stores of value is eroding. The comments have sparked fresh debate ...