Ray Dalio Remains Skeptical of Bitcoin’s Reserve Currency Status

Billionaire hedge fund manager Ray Dalio expressed doubt regarding central banks’ potential adoption of Bitcoin (BTC) as a reserve currency, citing privacy concerns. His comments came amidst Bitcoin’s surge towards its all-time high of $124,457.12, surpassing the $120K barrier in the past 24 hours. Dalio expressed his reservations on X regarding the future role of cryptocurrency in global financial systems.