Ray Dalio’s Bold Prediction: Why Central Banks Won’t Embrace Bitcoin in 2025
Bridgewater founder drops cold water on crypto maximalist dreams. Central banks aren't buying the Bitcoin hype—and Dalio spells out exactly why.
The Institutional Reality Check
Forget the moon-shot predictions flooding crypto Twitter. Ray Dalio, the billionaire behind the world's largest hedge fund, just delivered a sobering dose of institutional-grade skepticism. His thesis? Central banks, the very architects of the modern monetary system, have zero incentive to make Bitcoin a cornerstone of their reserves.
A Clash of Philosophies
It boils down to control. Central banks exist to manage currency stability, interest rates, and economic stimulus—levers that require absolute sovereignty over the monetary base. Bitcoin's decentralized, fixed-supply model represents the polar opposite of that playbook. Adopting it would be like a traffic controller endorsing the abolition of stoplights.
The 'Store of Value' Paradox
Proponents tout Bitcoin as digital gold, a hedge against fiat debasement. Dalio counters that for a central bank, this is a feature, not a bug. Their power derives from the ability to *create* money and influence its value. Why would they champion an asset designed to make that power obsolete? It's the financial equivalent of sawing off the branch you're sitting on.
Regulatory Firewalls & Legacy Systems
The logistical hurdles are a nightmare. Integrating a volatile, pseudonymous asset into trillion-dollar reserve portfolios would trigger regulatory aneurysms. The compliance costs alone would dwarf any perceived upside—a classic case of Wall Street's favorite pastime: creating complexity to justify their own fees.
The Bottom Line
Dalio's analysis isn't a critique of Bitcoin's technology, but a stark assessment of political and institutional inertia. Central banks are in the stability business. Bitcoin, by design, is a bet against their entire operating model. Expecting them to embrace it is like expecting a candle-maker to champion the light bulb.
So, while retail traders chase the next ETF approval, the real power centers of global finance are quietly reinforcing the old walls. Sometimes, the most bullish signal for an alternative asset is the entrenched opposition of the incumbent regime. After all, nothing says 'threat' like being ignored by the very institutions you aim to disrupt.
Bitcoin Won’t Get Attention From The Banks: Dalio

Former CEO of Bridgewater Associates, Ray Dalio is back with his stark opinions, this time sharing his insights on Bitcoin. In his recent podcast with Kamath, Dalio added how bitcoin lacks the flow needed to become a leading currency alternative. Dalio shared how the asset will be unlikely to be held by central banks due to a number of problems it has, including interference and monitoring of BTC transactions by the government.
Dalio Extends Support to This One Asset
Dalio later shared how he believes Gold is the only asset that is immune to the onslaught of times and depreciating tendencies. He later shared how Bitcoin is simply an asset that cannot make the cut when it comes to becoming a leading asset that central banks could depend on.
RAY DALIO SAYS CENTRAL BANKS WON’T HOLD MUCH #BITCOIN
Because it’s “too transparent.”
Because governments can interfere.
Because the network could be cracked or controlled.
Translation:$BTC doesn’t work like the system they control.
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