Billionaire hedge fund founder Ray Dalio has raised concerns about the growing interest in central bank digital currencies (CBDCs) among global governments. Speaking on the Tucker Carlson Show, Dalio warned that while CBDCs offer efficiency in transactions, their primary appeal to policymakers is the enhanced control they provide. He highlighted the potential for these digital currencies to erode financial privacy, as they allow states to monitor every transaction. Dalio cautioned that the transparency of CBDCs, often promoted as a tool against money laundering, could also enable governments to impose financial restrictions and control wealth movement across borders. He expressed concerns that CBDCs could be used to suppress political dissent by cutting off economic participation. Additionally, Dalio noted the risks for international investors, as CBDCs could be manipulated or devalued by issuing governments, posing significant counterparty risks.