Ray Dalio: Bitcoin vs Gold — Which Will Make You Richer?

요약 보기

달리오는 포트폴리오의 5~15%를 하드머니(금·비트코인 등)에 두라고 주장하며 금을 더 선호한다고 밝힘. 비트코인은 기술적 채택이 진행 중이나 사용자 기반이 제한적이라고 평가. 기술 발전으로 자본가에게 부가 집중되고 노동 몫은 줄어들며, 대졸자 취업난이 심화된다고 진단.

다듬은 글

※ 자동 자막 원문(다듬기 전)

01. Bitcoin, I have about 1%of my portfolio . Money, money you can print, that's one kind. This is the other money. You can print it or you cannot, crack it with technology. You can hold it, you own it. There is a saying that it’s the only financial asset that is not somebody else's liability. Somebody has to give you something for it.

02. It has to be in my category, I make sure I have some hard money, which for most people should be between 5%and 15%of their portfolio. I prefer gold rather than Bitcoin. It is gold-like assets money, but there is technology. Digital is similar because. They then. Any significant amount because I want to be private there.

03. It would be forfeited. The other assets they get. Okay, gold. And so, Even particularly in this time, They sense if I am holding this, we get it. Second, in me. See adoption. Same page, They are mostly physical. Same time. This person benefits, this revolution. This adoption. Down to 10%of the population, who is cutting edge and using it and accelerating.

04. Thinking. We can automate everything. The evolution of man was: we had the agricultural era and there was no real indebtedness. And then man invented the machine and the machine replaced man's physical necessity to be in the agricultural field, and so they were replaced by tractors. And then there was the industrial age, first the printing press that allowed people to learn.

05. And then you had invention, the industrial revolution, the first industrial revolution. And what you had is the replacing of the physical, that manual. Then I look at, I look at the human body, I see it's replacing the body. And so it is coming up higher and higher. And then it replaces some aspects of the mind that you can computerize, and it's coming up and up, and it's replacing higher and higher levels of thinking and reasoning.

06. Okay. So that path is part of the evolutionary path that is happening, okay. So then you start to say, "What do I have to offer?" And so the answer to "Who benefits from it?" Those who benefit from it are those who are the capitalists with the ideas that replace the workers. And so, if you look at the revenue for businesses, when you buy something there is revenue, okay.

07. And if you look at the share that is going to workers, you see that share going down. And if you look at the share that is going to those who own that business , that share is going up. That you know , how do they share that revenue in terms of the cost, and you see that that's rising. And so, this is an evolutionary process.

08. And it's true that what happens is you get more free time, okay. So now, this society has to think how to ideate this. So, for ex, the work week, which used to be, you know, 60 or 70 hour work, goes down to less than 40 hour work and there is more time. But there needs to be, you know, how do you create a bottom?

09. So, we are going through this phase in which there is this upper end that is making incredible amounts of wealth, as we describe, and then the lower end that is then having these challenges. We have a relatively good economy and the difficulty of college graduates to get employment has increased significantly.

10. And I can tell you that in many businesses it becomes more of a pain in the neck to have a college graduate, let's say, do it; have to train them and many of those tasks, many of that thing, can be done very quickly with AI and with computerization and as you get into robotics, you are going to have, right?