Ray Dalio is wrong and here is why

He said apparently that governments could kill bitcoin or ban it if it becomes a thread.

He is wrong, because banning bitcoin has many ramifications:

1) you make it non taxable 2) if your currency collapses (and many fiat currencies if not all will collapse in a near future), they would be creating a parallel system in which people would trade tax free on bitcoin, leading to hyperbitcoinization.

Imagine seeing the price of food, cost of living etc rising 5% per month in a hyperinflationary environment. Would you stay in that currency or would you migrate to a global well recognized currency in which you pay no taxes and is global?

The answer seems clear, therefore bitcoin cannot be banned without the risk of collapsing you own currency