隨著全球金融穩定的越來越不穩定，比特幣（BTC）成為潛在的避風港

隨著全球金融穩定變得越來越不穩定，加密資產正在成為尋求替代方案的投資者潛在的避風港。

As global financial stability becomes increasingly precarious, crypto assets are emerging as potential safe havens for investors seeking alternatives. Experts suggest that heightened economic anxiety could drive more capital into the crypto market, despite recent volatility.

隨著全球金融穩定變得越來越不穩定，加密資產正在成為尋求替代方案的投資者潛在的避風港。專家認為，儘管最近波動性，但加劇的經濟焦慮可能會將更多的資本帶入加密貨幣市場。

Recently, Ray Dalio, founder of Bridgewater Associates, touched upon the pressing issue of U.S. debt and its implications for cryptocurrencies. His analysis comes amidst a troubling drop in the global crypto market, now valued at $2.76 trillion following a significant 7.99% decline in just one day.

最近，布里奇沃特同事的創始人雷·達利奧（Ray Dalio）談到了美國債務的緊迫問題及其對加密貨幣的影響。在全球加密貨幣市場下降的情況下，他的分析是在僅在一天中的7.99％下降7.99％的情況下，現在價值2.76萬億美元。

During this period, major cryptocurrencies, including Bitcoin [BTC] and Ethereum [ETH], faced substantial losses, with BTC falling over 8% and ETH dropping more than 11%.

在此期間，包括比特幣[BTC]和以太坊[ETH]在內的主要加密貨幣面臨著重大損失，BTC下降了8％，ETH下降了11％以上。

In a recent discussion on the Odd Lots podcast, Dalio raised questions about the utility of digital currencies in fluctuating financial climates.

在最近關於奇數播客的討論中，達利奧（Dalio）提出了有關數字貨幣在不斷變化的金融氣候中的效用的問題。

“What’s the alternative money that is stable in supply? Bitcoin might be a part of that, could be a big part of that, but what is the alternative money? Because debt is money and money is debt,” he remarked, highlighting the complex interplay between traditional financial instruments and emerging assets.

“供應量穩定的替代資金是什麼？比特幣可能是其中的一部分，可能是其中的重要組成部分，但是什麼是替代金錢？因為債務是金錢，金錢就是債務。”他說，強調了傳統金融工具與新興資產之間的複雜相互作用。

This cautionary analysis is amplified by the recent announcement from former President Trump regarding the U.S. “Crypto Strategic Reserve,” which includes notable cryptocurrencies like Ripple (XRP), Solana (SOL), and Cardano (ADA). The strategy is part of an attempt to alleviate the "record-high levels of poverty" in the U.S., which reached 12% in 2022, according to the U.S. Bureau of Labor Statistics.

特朗普前總統最近公告就美國“加密戰略儲備”進行了宣布，包括著名的加密貨幣（例如Ripple（XRP），Solana（Solana（Sol）（Sol）（Sol）和Cardano（ADA）），這種警告性分析得到了擴大。根據美國勞工統計局的數據，該策略是減輕美國“創紀錄的貧困水平”的一部分，該策略在2022年達到12％。

This strategy has instigated a significant uptick in altcoin values, as investors recalibrate their portfolios in response. The technical shift is indicated by Bitcoin’s dominance (BTC.D) falling from 55.4% to below 50%, suggesting a dynamic reallocation of capital towards alternative currencies. Historical trends suggest that such a decrease in Bitcoin dominance often precedes bullish movements for other cryptocurrencies.

隨著投資者對其投資組合進行回應，這種策略激發了Altcoin價值的大幅提升。比特幣的優勢（BTC.D）從55.4％降至50％以下，這表明了技術轉變，這表明資本對替代貨幣的動態重新分配。歷史趨勢表明，比特幣優勢的這種下降通常是其他加密貨幣的看漲運動。

While refraining from making explicit forecasts, Dalio recognizes Bitcoin’s potential as a hedge against economic risks due to its decentralized framework. Unlike other tangible assets, Bitcoin operates outside the bounds of conventional financial regulation, suggesting it may offer more robust wealth preservation opportunities.

達利奧（Dalio）避免進行明確的預測，但由於其分散的框架，將比特幣的潛力視為反對經濟風險的對沖。與其他有形資產不同，比特幣在常規金融監管的範圍之外運行，這表明它可能會提供更強大的財富保存機會。

Despite his insights on Bitcoin’s role in a hedge portfolio and the impending threat of a U.S. debt crisis, Dalio's stance on cryptocurrencies is still largely skeptical.

儘管他對比特幣在對沖投資組合中的作用以及即將發生的美國債務危機的威脅有所了解，但達利奧（Dalio）對加密貨幣的立場仍然在很大程度上是懷疑的。

As the U.S. approaches a potential default on its debt obligations, the economic outlook is coming into sharper focus. With the possibility of a looming recession and an administration focused on administrative tasks over economic priorities, the coming months will be pivotal in determining the trajectory of the U.S. economy and its impact on the global financial landscape.

隨著美國對其債務義務的潛在違約，經濟前景越來越重視。隨著迫在眉睫的經濟重點行政任務迫在眉睫的衰退和政府的可能性，未來幾個月將是確定美國經濟軌跡及其對全球金融景觀的影響的關鍵。