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Ray Dalio Warns CBDCs Could Eliminate Financial Privacy

The billionaire investor says central bank digital currencies bring payment efficiencies but pose risks of government control and surveillance [1][2].

Feb 10, 20269:11 AMNewsroom AI

Billionaire hedge fund manager Ray Dalio warned that central bank digital currencies (CBDCs) will effectively eliminate financial privacy and could allow governments to tax, seize funds and cut off political opponents [1][4].

Dalio acknowledged that CBDCs can deliver faster and more convenient payments, but he cautioned they would give authorities unprecedented visibility and control over transactions, raising the prospect of broad financial surveillance [2][3].

He made the comments during a wide-ranging interview on the Tucker Carlson Show, where he framed the issue within broader geopolitical and economic concerns about where the U.S. stands in its cycle of institutional stress [2][3].

Dalio’s remarks highlight a trade-off between the efficiency of CBDCs and potential threats to financial privacy and civil liberties, a point echoed across multiple outlets reporting on his interview [1][2][3].

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