Ray Dalio says central banks unlikely to adopt Bitcoin

Billionaire hedge fund manager Ray Dalio has reiterated doubts over Bitcoin’s future as a reserve currency. Dalio reposted an old clip of the Master Investor Podcast on X, repeating that central banks are unlikely to adopt Bitcoin due to its transparency of transactions and potential vulnerabilities. Dalio said central banks are unlikely to embrace Bitcoin as it maintains a public ledger of transactions and is subject to future problems. He argued that governments are more concerned with privacy and regulatory control in their reserves, so it is less practical at the institutional level. While Bitcoin has gained recognition as a...