Bitcoin will never be gold, says Ray Dalio as price jumps above $71,000

Ray Dalio, legendary investor, argues that Bitcoin will never be equivalent to gold, stating physical gold is superior as an investment. This comes as Bitcoin's price surged above $71,000, highlighting the ongoing debate between traditional and digital store-of-value assets.

• →Ray Dalio maintains that Bitcoin cannot replace gold as a store of value.
• →Bitcoin price jumped above $71,000 despite Dalio's bearish comments on the asset.
• →The legendary investor continues to favor physical gold over digital assets.
• →This represents ongoing institutional skepticism toward Bitcoin's role as digital gold.