Mr. Dalio’s Peculiar Distaste for Bitcoin: A Tale of Gold, Quantum Woes, and Social Climbers

“Bitcoin,” he intoned, with a gravity befitting a sermon, “does not possess the discretion of a well-guarded ballroom. Its transactions are laid bare for all to see, and thus, subject to the meddlesome hands of those who would control them.” He further opined that central banks, those bastions of propriety, would scarcely deign to touch Bitcoin with a ten-foot pole. “It is simply not done,” he declared, as if the very notion were an affront to good breeding.



