Ray Dalio warns that the post-World War II order has broken down, leading to a “law of the jungle” phase. Crypto investors are using this moment to advocate for assets designed to operate outside state control. Global broad money has climbed to an estimated $142 trillion in 2025 from $26 trillion in 2000.

Dalio states that great powers are facing a persistent “prisoner’s dilemma,” escalating tensions across trade, technology, capital flows, and military flashpoints. External disorder collides with internal stress, leading to higher taxes and money devaluation. Bitcoin and gold thrive in this environment as apolitical assets.

Data shows that every major BTC rally coincides with M2 expansion, indicating potential for the next wave. Gold prices typically track US M2 money supply, highlighting its role as a hedge against monetary expansion. Dalio’s framework emphasizes the need for an apolitical, borderless money system amid geopolitical instability.

Bitwise CEO highlights the importance of developing global, permissionless, apolitical monetary assets. The current global order, combined with fiscal dominance, creates a bullish backdrop for hard assets. While Dalio’s warning isn’t a direct forecast for Bitcoin, it underscores the case for “neutral money” amid a fractured world order.

Read more at Cointelegraph: Collapse of World Order Puts Permissionless Money in the Spotlight