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Ray Dalio on the Legitimacy of Bitcoin
Cryptocurrency Perspective - Bitcoin is viewed by many as an alternative form of money due to its limited supply and ease of global transactions [1][3] - Central banks are unlikely to adopt Bitcoin as a reserve currency due to the transparency of transactions, making it easy for governments to monitor [2] - Concerns exist regarding the potential for Bitcoin's code to be compromised or subjected to governmental control, impacting its effectiveness [3] Investment Strategy - Some investors include Bitcoin in their portfolio alongside assets like gold [3]
X @Market Spotter
Market Spotter· 2025-09-03 13:01
Bitcoin Use Cases - The document explores the strongest use case of Bitcoin [1] - Potential use cases include store of value, medium of exchange, and hedge against inflation [1] - "Other" is also considered as a possible use case [1]