Ray Dalio Warns CBDCs Threaten Financial Privacy — Former Trump Adviser Claims Zcash Is the Fix

Key Takeaways Ray Dalio says CBDCs are a privacy and control risk. Zcash advocates are using the moment to pitch privacy coins. Dalio’s CBDC fears fit into his bigger macro warning. Billionaire hedge fund manager Ray Dalio made headlines this week after issuing a stark warning that central bank digital currencies (CBDCs) will soon be prominent across the U.S. and will lead to a dramatic loss of financial privacy. The comments have led to a flurry of chatter online, including from former Donald Tr ...