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Ray Dalio said he doubts Bitcoin will ever be adopted by central banks as a \u201creserve currency,\u201d but why?<\/p>\n
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Summary<\/span>\n <\/div>\n\n
\n- Ray Dalio questioned Bitcoin\u2019s ability to function as a \u201creserve currency,\u201d stressing its unproven role as a store of value and raising concerns about transparency and resilience.<\/li>\n
- His skepticism carries weight given Bridgewater\u2019s global influence and his reputation as a thinker on debt cycles, systemic risks, and the future of reserve currencies.<\/li>\n
- Dalio\u2019s stance has shifted from calling Bitcoin a bubble in 2017 to framing it as an alternative gold-like asset, though gold remains his preferred hedge.<\/li>\n
- Central banks still anchor reserves in dollars, euros, and gold, while state Bitcoin holdings largely stem from seizures, with strategic reserves only in early experimental stages.<\/li>\n<\/ul><\/div>\n<\/div>\n
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