'Bitcoin transactions can be monitored’: Ray Dalio explains why central banks won’t touch BTC
CoinDesk
Ray Dalio argues that Bitcoin's transparent nature hinders its potential adoption by central banks as a reserve asset.Summary
Billionaire investor Ray Dalio contends that Bitcoin’s inherent transparency, while once seen as a strength, is a major barrier to central bank adoption. Because all transactions are recorded on a public ledger, Dalio notes that Bitcoin lacks the privacy necessary for central banks to hold it as a reserve asset. Beyond privacy, he highlights concerns regarding Bitcoin's high correlation with technology stocks and its relatively small market scale, arguing that it currently acts more like a risky asset than a stable store of value compared to traditional alternatives like gold.
(Source：CoinDesk)