Billionaire Ray Dalio holds some Bitcoin but prefers gold, skeptical of Bitcoin as a reserve asset due to central banks’ unlikely embrace. He remains bearish on fiat currencies due to debt and money printing eroding value. Dalio cites control, transparency, and security risks in Bitcoin, contrasting with gold’s resilience and central banks’ preferences for reliable assets in crises. Bitcoin’s volatility sees a 22.1% drop in the last three months, trading at $87,944.77.

Read more at Yahoo Finance: Billionaire hedge fund legend says central banks won’t hold Bitcoin