Ray Dalio: Bitcoin transactions are traceable, making it difficult for central banks to adopt
ChainCatcher news, according to CoinDesk, billionaire hedge fund manager Ray Dalio stated that Bitcoin lacks privacy protection, and transactions can be monitored and potentially controlled. This is the main reason why central banks around the world are reluctant to hold Bitcoin. Dalio said that about 1% of his investment portfolio is allocated to Bitcoin, but believes that Bitcoin’s transparent ledger feature makes it difficult to become a reserve asset.
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