Alarm bells ringing! Bridgewater Associates founder Ray Dalio issued a stern warning about $BTC in his latest interview. He bluntly stated that $BTC has no so-called privacy, as every transaction on-chain can be tracked and monitored, with even the risk of indirect control. From a macro adoption perspective, he mentioned that major central banks have absolutely no intention of buying or holding $BTC. On top of that, he raised a looming technical concern, pointing out that the rapid development of cutting-edge technologies like quantum computing could potentially pose a devastating threat to $BTC's underlying security in the future. When discussing market structure, he noted the high correlation between $BTC and tech stocks, which creates a fragile chain reaction in investment portfolios. If investors face liquidity squeezes in other assets, they are often forced to sell $BTC first to cover funding gaps. In his view, although $BTC is currently grabbing all the market's attention, it is still fundamentally a relatively small and easily manipulated market. In terms of scale and attributes as "money," it remains far from being comparable to gold.