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via CoinDesk · By CoinDesk Staff

'Bitcoin transactions can be monitored’: Ray Dalio explains why central banks won’t touch BTC

BTC

BTC/USDT

$59,333.07
-1.26%
24h Volume

$36,041,917,659.58

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short
71.2%
Long: 71.2%Short: 28.8%
Funding Rate

-0.0015%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$59,602.04

-2.42%

Volume (24h): -

Resistance Levels
Resistance 3$64,233.94
Resistance 2$62,909.86
Resistance 1$61,023.09
Price$59,602.04
Support 1$59,466.36
Support 2$58,115.01
Support 3$51,387.09
Pivot (PP):$59,893.15
Trend:Downtrend
RSI (14):30.2
CS
CoinDesk Staff
(05:43 AM UTC)
1 min read
SC
Reviewed bySarah Chen
612 views
0 comments

Ray Dalio joins the privacy debate, saying Bitcoin’s full transparency makes it less likely to be adopted by central banks.

Bitcoin's BTC$81,235.71 transparency was once considered one of its greatest strengths. Now, Ray Dalio says, it may be the very reason central banks won't adopt it as a reserve asset, even though corporations and institutional investors have embraced it.

The billionaire hedge…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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