Dario, co-chairman of Bridgewater, said the cash was still rubbish.
'The advantages currently enjoyed by the stock market will gradually diminish,'he said. The most important thing for investors is to diversify between different currencies, asset classes and countries, not just within the stock market.
Dalio has a certain amount of investment in Bitcoin, saying that his investment in gold is "relatively small" compared to his investment in gold, while his investment in gold is "relatively small" compared to other asset classes.
The government does not want the cryptocurrency to be successful, but that does not mean it is not worth diversifying.
"if the cryptocurrency really works, they will kill it," Dario said. "
Mr Dalio said cryptocurrencies could be considered as an alternative to cash and some financial assets.