Ray Dalio Flags Bitcoin’s Code as a Weakness, Sparks Pushback from Crypto Analysts
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Summarize this article with:
Ray Dalio, founder of Bridgewater Associates, has flagged Bitcoin’s code as a potential weakness, raising doubts about its long-term viability. His remarks have triggered pushback from the crypto community, with analysts defending Bitcoin’s resilience, transparency, and proven record as a store of value.
In brief
- Ray Dalio highlights Bitcoin’s code and transparency as obstacles to its adoption as a global reserve currency.
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