TLDR:
- Ray Dalio warned that the growth of US debt could cause an economic “heart attack”, pushing investors towards gold and cryptography.
- Dalio said that the increase in debt service costs, now about $ 1 billion annual, weakens the role of the dollar as a value reserve.
- He explained that Crypto’s limited offer makes it an attractive alternative when fiduciary money expands faster than demand.
- Dalio compared the current cycle of debt with historical crises in the 1930s and 1970s, both marked by fiduciary weakness.
Pressure on him The US dollar is buildingAnd the world is paying attention. Investors care about the growing debt, the increase in interest costs and a weakening monetary system.
Some are already looking for value protection elsewhere. Crypto is entering that conversation in a new way. Ray Dalio has linked his appeal directly to the debt problems that weigh on the fiduciary currencies.
Dalio’s comments occurred after Financial Times published what he said were wrong characterizations of his interview.
The founder of Bridgewater Associates later launched the written questions and answers, offering a clearer image. His responses revealed strong warnings about the growing debt load in the United States and its impact on the dollar.
He said that excessive loans are pushing the United States towards what he described as a “heart attack” induced by debt. With the debt service costs about $ 1 billion and billion more necessary to transfer the obligations, Dalio pointed out the tight of government expenses.
He added that, in such cycles, central banks increase rates and risk crisis or print more money, eroding the value of the currency.
https://t.co/tnyppzytmz
– Ray Dalio (@raydalio) September 2, 2025
Dalio emphasized that these pressures reduce trust in traditional reserve currencies such as the dollar. Investors, he said, are responding by increasing gold and cryptocurrency holdings, both seen as stronger Value stores In uncertain times.
Crypto gains appeal as the dollar weakens
When asked if Crypto could replace the dollar, Dalio framed it as an emerging alternative. He said that Crypto’s limited supply gives him strength when fiduciary money expands too fast. If the demand for dollars weakens while the supply increases, cryptography could become more attractive.
Dalio compared the moment with the previous debt cycles in the 1930s and 1970s. In those decades, he said, fiduciary money lost value against tougher assets. He suggested that the story can be repeating, with crypto and gold in similar positions today.
He also pointed out that most of the fiduciary currencies have large debt loads, which undermines their role as safe wealth stores. On the contrary, Crypto supply It cannot be inflated by governments. That dynamic, he said, positions it as an alternative currency in the current environment.
Ray Dalio connects the debt cycle to cryptography price movements
Dalio explained that the issuance of heavy debt weakens the confidence of investors in the treasure bonds, which often leads to changes in hard assets. He linked directly to cryptographic prices and cryptographic prices. According to him, the decrease in faith in fiduciary stability has already fed price profits in these markets.
Wu Blockchain’s coverage of Dalio’s complete responses gave a clearer context to the cryptographic public. His written answers show how cryptography sees in relation to debt problems in the United States. Observations linked the price action to the deepest structural pressures instead of short -term speculation.
Dalio described the current debt cycle as a late stage, with limited policy options. Warned that higher or more impressions will push investors More in alternatives.
For encryption observers, that connection between debt cycles and price movements is key to understanding the current impulse.
The broader conclusion is that Dalio sees Crypto not as a replacement for the dollar, but as a coverage against fiduciary weakness. This framework keeps it linked to the price action while showing how the risks of global debt are influencing adoption.


