The vision of Bitcoin absorbing the world’s entire capital float is a compelling narrative, yet it runs headlong into a significant technical constraint. Bitcoin will not realize this massive potential unless mechanisms are created to move and utilize capital directly on its network.
Billionaire investor Ray Dalio, founder of Bridgewater Associates, maintains a balanced yet skeptical view of Bitcoin, acknowledging its growing influence while pointing out fundamental flaws that will prevent its ultimate adoption by nation-states.
