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⛓️ Crypto🔴 BearishImportance 6/10
'Pefect' Bitcoin Would Cost $750,000, According to Bitwise
🤖AI Summary
Billionaire investor Ray Dalio argues that Bitcoin has structural flaws including lack of privacy and quantum computing vulnerabilities that prevent it from effectively competing with gold as a store of value.
Key Takeaways
- →Ray Dalio identifies privacy concerns and quantum computing risks as major structural flaws in Bitcoin.
- →These limitations are preventing Bitcoin from competing effectively with gold according to Dalio.
- →The debate highlights ongoing concerns about Bitcoin's long-term viability as a store of value.
- →Quantum computing poses a potential future threat to Bitcoin's cryptographic security.
- →Privacy issues remain a significant concern for institutional adoption of Bitcoin.
Read Original →via U.Today
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