Bridgewater Associates founder Ray Dalio: Bitcoin is unlikely to become a reserve currency for major countries.

Ray Dalio, founder of Bridgewater Associates, maintains a long-term 1% portfolio position in Bitcoin. However, he believes Bitcoin is unlikely to become a major national reserve currency due to two key structural limitations: its transactions are traceable, and it faces a potential future risk of being controlled or attacked with the advent of quantum computing.

Summary

In a recent interview, Ray Dalio stated that he holds approximately 1% of his Bitcoin portfolio long-term, but he believes that Bitcoin has structural limitations.

He said that Bitcoin is traceable and, in theory, could face the risk of being "controlled or attacked" in the future era of quantum computing, making it unlikely to become a reserve currency for major countries.

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Author: PA影音

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