Wu Blockchain (@WuBlockchain): Ray Dalio, founder of Bridgewater Associates, stated that Bitcoin is not suitable as a long-term store of value or hedge asset due to reasons such as…
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Ray Dalio, founder of Bridgewater Associates, stated that Bitcoin is not suitable as a long-term store of value or hedge asset due to reasons such as the lack of central bank support and the uncertainty surrounding its privacy protection and quantum resistance. He noted that gold is the "most established money" and the second-largest reserve asset held by central banks. https://cointelegraph.com/news/ray-dalio-cautions-bitcoin-safe-haven-asset