The post Bitcoin Holds $80.8K as Dalio Flags Privacy Gap, Strategy Adds 535 BTC and ETPs Pull $858M appeared on BitcoinEthereumNews.com.
Bitcoin News Ray Dalio has stepped into the long-running privacy debate, arguing that Bitcoin’s radical transparency is precisely why central banks remain reluctant to add it to their reserves. The billionaire, who personally allocates roughly 1% of his portfolio to BTC, said transactions on the network can be monitored and potentially controlled, a feature private wealth tolerates but sovereign treasuries do not. Every transfer is permanently inscribed on a public ledger, and blockchain analytics firms can frequently trace flows back to entities even when wallet addresses appear pseudonymous. Dalio also flagged Bitcoin’s tightening correlation with equities as a structural drawback when compared with gold’s diversification profile. Technical analysts are warning that BTC remains pinned beneath a multi-month ceiling that has repeatedly produced double
The post Ray Dalio Says Bitcoin Still Fails as a Safe-Haven Asset appeared on BitcoinEthereumNews.com.
He argued that Bitcoin’s transparent blockchain makes transactions traceable, which could limit its appeal as a reserve asset for governments and central banks. Dalio also pointed out that investors often sell Bitcoin during financial pressure, unlike gold, which has historically maintained its reputation as a store of value. Ray Dalio Warns Bitcoin Is Not Replacing Gold Ray Dalio, founder of Bridgewater Associates, recently argued that Bitcoin has not lived up to expectations as a safe-haven asset during periods of financial uncertainty. In a May 11 post, Dalio explained that while Bitcoin receives enormous global attention, it still falls short of gold when markets experience stress and volatility. According to Dalio, one of Bitcoin’s biggest weaknesses is its lack of privacy. He pointed out that transactions on the Bitcoin blockchain can be traced and monitored, which may reduce it
The post Ray Dalio: Bitcoin Fails as Safe Haven appeared on BitcoinEthereumNews.com.
Ray Dalio, one of the most influential American billionaires, has taken aim at Bitcoin once again, ruffling the feathers of some of the key voices within the industry. According to the legendary hedge fund manager, BTC cannot function as a reliable store of value. The case against BTC First of all, Bitcoin fails as a store of value due to its lack of privacy, Dalio says. Ray Dalio: Bitcoin Fails as Safe Haven Can Toncoin (TON) Lose All Gains? Ethereum (ETH) $2,000 Plunge Is Possible, Shiba Inu (SHIB) Price Is in Strongest State Since March: Crypto Market Review He has noted that the transactions conducted by the users of the leading cryptocurrency can be easily monitored and potentially controlled. This, as he had already mentioned before, makes BTC a rather unappealing reserve asset for central banks. You Might Also Like The billionaire has also touched upon another oft-repeated Bitcoin critique,
