'Bitcoin transactions can be monitored’: Ray Dalio explains why central banks won’t touch BTC

Ray Dalio, a prominent investor, stated that Bitcoin transactions can be monitored, which raises concerns for central banks regarding its adoption. He believes that the transparency of Bitcoin's blockchain makes it less appealing for central banks that prefer privacy in their operations. Dalio argues that central banks are unlikely to embrace Bitcoin due to its potential to undermine their control over monetary policy. He emphasizes that while Bitcoin has value, its characteristics make it incompatible with the goals of central banking.

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