Bitcoin May Stay Outside Central Bank Vaults, Billionaire Says

According to recent interviews, billionaire investor Ray Dalio has sharpened his caution about Bitcoin’s fit for official reserves while still recognizing its scarce nature. Related Reading: Before You Sell Bitcoin For Gold, Hear This Warning He said that Bitcoin carries money-like qualities because of its limited supply, but he drew a firm line over who should hold it on a balance sheet. Dalio said public transaction records and the risk of outside interference make it hard for reserve managers to treat Bitcoin the same way they treat gold. Dalio Flags Traceability Concerns Dalio warned that the open ledger that underpins Bitcoin creates vulnerabilities for large custodians source: https://www.newsbtc.com/news/bitcoin/bitcoin-may-stay-outside-central-bank-vaults-billionaire-says/