Bridgewater Associates founder Ray Dalio has expressed skepticism about Bitcoin's suitability as a long-term store of value or hedge asset. Speaking on the All-In Podcast, Dalio cited Bitcoin's lack of central bank support and uncertainties surrounding its privacy and quantum resistance as key concerns. He argued that Bitcoin cannot be considered "digital gold," emphasizing that "there is only one gold in the world." Dalio described gold as the "most established currency" and noted its status as the second-largest reserve asset held by central banks, questioning why central banks would choose to hold Bitcoin over the long term.