Leading investors are more interested in dollars and gold than Bitcoin as a safe haven investment.

Speaking at the Future Investment Initiative Forum in Riyadh, when asked about what they would choose between dollars, dollars, some gold, or bitcoin to “put under your bed for a rainy day?” Larry Fink, the CEO of the world’s largest asset manager BlackRock and Goldman Sachs chairman David Solomon said they prefer investments in dollars over Bitcoin.

Meanwhile, Ray Dalio, the founder of Bridgewater Associates, chose the precious metal and some of the $1.2 trillion cryptocurrency.

“I can’t put a mix together, I guess. I would take the gold…I would like to sprinkle a little bit of bitcoin into that mix too.”

“The biggest asset is human productivity and if you can tap that…so I’m looking at the new technologies and all of those [things] are very, very exciting.”

“Gold is a dead asset, but the amount of printing of money and the devaluation of debt is a big force too. So I want that technology, a little bit of bitcoin, and I want to bet on those other industries.”

“I’ll take bitcoin hedged in gold,” said Khaldoon Khalifa Al Mubarak, CEO of the UAE’s Mubadala Investment Company.

BlackRock’s Fink is actually currently seeing a business opportunity in climate change and said at the event that “the next 1,000 unicorns” won’t be a search engine or a media company but those “businesses developing green hydrogen, green agriculture, green steel, and green cement.”

At the event, Goldman’s David Solomon said on Tuesday that there is a risk of higher inflation and slower growth globally. There will be consequences for having an accommodative monetary policy for a long time, he added.

Elsewhere, Anthony Scaramucci, the founder and managing partner of SkyBridge, likened Bitcoin’s volatility to big tech companies like Amazon, Google, and Facebook in their early days.

“They all started with a wave of oscillating volatility before they stabilized,” Scaramucci said on CNBC.

“Of course, they all yielded tremendous growth and great returns, which I think bitcoin will do.”

The former White House Communications director under former president Donald Trump also revealed that he has over $1 billion in bitcoin currently. Calling the cryptocurrency “digital gold,” Scaramucci said it would become a “gigantic asset class.”

In other news, Frances Haugen, the Facebook whistleblower who disclosed tens of thousands of the social media giant’s internal documents, revealed in an interview with the New York Times that she is a crypto holder.

When asked about whether she’s relying on the financial support of Pierre Omidyar, the eBay co-founder whose groups are working with her, Haugen said she has her own financial resources.

“For the foreseeable future, I’m fine, because I did buy crypto at the right time.”

Haugen also shared that she had moved to Puerto Rico to join her “crypto friends” and cope with a health condition. The capital gains tax exemptions of Puerto Rico have attracted a lot of crypto crowds.

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