Ray Dalio Raises Concerns Over Government Control via CBDCs

Ray Dalio emphasizes that while CBDCs may be unavoidable, their potential for mass adoption is questionable due to government oversight concerns.

On Monday, renowned investor Ray Dalio expressed his views on Central Bank Digital Currencies (CBDCs), suggesting that while their emergence may be unavoidable, widespread acceptance remains in doubt.

Dalio pointed out that individuals are likely to weigh the convenience of CBDCs against the increased oversight from governments, a factor that could deter many investors.