In accordance with The Crypto Basic, billionaire investor Ray Dalio stated that Bitcoin cannot serve as a reserve currency for major countries, despite growing interest in digital assets. During a CNBC interview, Dalio explained that Bitcoin’s trackability and potential vulnerability to quantum computing make it unsuitable for national reserves. He also emphasized that physical gold remains a more reliable alternative due to its independence from digital networks. Dalio further warned about rising global government debt and the risks in private markets, such as private equity and venture capital, which are facing liquidity and return challenges.
Ray Dalio Says Bitcoin Cannot Be a Reserve Currency for Major Countries
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