💬 Ray Dalio warns against CBDCs that could give governments total financial control
The founder of Bridgewater Associates believes CBDCs are probably inevitable. But he thinks they will struggle to achieve widespread adoption because investors will have to choose between convenience and state surveillance. "The government will have enormous control. All transactions will be known."
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
💬 Ray Dalio warns against CBDCs that could give governments total financial control
The founder of Bridgewater Associates believes CBDCs are probably inevitable. But he thinks they will struggle to achieve widespread adoption because investors will have to choose between convenience and state surveillance.
"The government will have enormous control. All transactions will be known."