Ray Dalio: Central banks unlikely to hold Bitcoin

U.S. hedge fund titan Ray Dalio said in a recent podcast that central banks are unlikely to hold Bitcoin due to several issues, Watcher.Guru reported. He argued that while BTC is recognized as a form of value, governments can interfere with or monitor peer-to-peer transactions. In contrast, Dalio described gold as the only asset that governments cannot touch or control. He added that these and other problems make it improbable that central banks and many other financial institutions will fully adopt BTC. Dalio previously stated in November that he had allocated about 1% of his personal portfolio to Bitcoin.