Ray Dalio: Bitcoin is unlikely to be held in large quantities by central banks and many others.
TL;DR
Ray Dalio says Bitcoin is a limited-supply store of wealth but unlikely to be held in bulk by central banks due to traceability, government risks, and hacking concerns. He advises individuals to diversify with 5-15% in gold or alternative currencies.
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According to Foresight News , Bridgewater Associates founder Ray Dalio stated during a podcast appearance, "Bitcoin is a form of money with a limited supply and is seen as a store of wealth. However, central banks and other institutions are unlikely to hold large amounts of Bitcoin, primarily due to issues such as transaction traceability, government intervention risks, and technological risks (such as being hacked). I recommend that individuals hold 5-15% of their portfolios in gold or other alternative currencies as a diversification tool."