[Bridgewater Fund Founder: The Poor Debt Situation of the Dollar Indirectly Drives Up Gold and Cryptocurrency Prices] Odaily Planet Daily reports that Bridgewater Fund founder Ray Dalio published an article today discussing stablecoins and cryptocurrencies. His key points include: 1. He does not believe that loosening regulations on cryptocurrencies would threaten the dollar's status as a reserve currency. However, the poor debt situations of the U.S. dollar and other reserve currency governments affect their appeal as reserve currencies and stores of wealth. This has been one of the factors driving up the prices of gold and cryptocurrencies. 2. He does not believe that stablecoins' exposure to government bonds constitutes a systemic risk. The real risk lies in the decline of the actual purchasing power of government bonds. If stablecoins are well-regulated, this should not pose any systemic risk. 3. Cryptocurrencies are currently an alternative currency with a limited supply. Therefore, all else being equal, if the supply of U.S. dollars increases and/or demand for it decreases, this could make cryptocurrencies an attractive alternative currency.