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BlackRock CEO Larry Fink Calls Bitcoin a “Hedge Against Debasement” as IBIT Crosses 781,000 BTC


Anisha Pandey
для CoinEdition

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BlackRock CEO Larry Fink explains his "digital gold" thesis for Bitcoin as his firm becomes the #2 BTC holder
  • BlackRock CEO Larry Fink now calls Bitcoin “digital gold” and a hedge against currency debasement
  • IBIT ETF has become the world’s #2 Bitcoin holder, with over 781,000 BTC in its treasury
  • Fink says his view changed after seeing Bitcoin’s real-world utility as a store of value in unstable regions

BlackRock CEO Larry Fink has again reaffirmed his bullish stance on Bitcoin, calling it a “currency of fear” and a modern form of “digital gold.” 

In an interview at Legends Live @Citi, Fink outlined how tokenization and artificial intelligence stand as the two megatrends that will reshape the future of finance, while also sharing his personal journey from skeptic to believer in Bitcoin.

A Change in Perspective

Fink admitted that when he first  spoke about Bitcoin back in 2017, he dismissed it as a currency for “money launderers and thieves,” recalling his remarks on a panel alongside JPMorgan’s Jamie Dimon. 

The BlackRock CEO said that during COVID, he explored BTC and met with peop…

The post BlackRock CEO Larry Fink Calls Bitcoin a “Hedge Against Debasement” as IBIT Crosses 781,000 BTC appeared first on Coin Edition.

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$19B could “vanish” from Bitcoin ETFs without a single Bitcoin being sold

$19B could “vanish” from Bitcoin ETFs without a single Bitcoin being sold

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Top Wall Street minds see AI rotation ahead as bitcoin seeks role in new cycle

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BlackRock CEO Larry Fink Calls Bitcoin a “Hedge Against Debasement” as IBIT Crosses 781,000 BTC


Anisha Pandey
для CoinEdition

Поделиться:

BlackRock CEO Larry Fink explains his "digital gold" thesis for Bitcoin as his firm becomes the #2 BTC holder
  • BlackRock CEO Larry Fink now calls Bitcoin “digital gold” and a hedge against currency debasement
  • IBIT ETF has become the world’s #2 Bitcoin holder, with over 781,000 BTC in its treasury
  • Fink says his view changed after seeing Bitcoin’s real-world utility as a store of value in unstable regions

BlackRock CEO Larry Fink has again reaffirmed his bullish stance on Bitcoin, calling it a “currency of fear” and a modern form of “digital gold.” 

In an interview at Legends Live @Citi, Fink outlined how tokenization and artificial intelligence stand as the two megatrends that will reshape the future of finance, while also sharing his personal journey from skeptic to believer in Bitcoin.

A Change in Perspective

Fink admitted that when he first  spoke about Bitcoin back in 2017, he dismissed it as a currency for “money launderers and thieves,” recalling his remarks on a panel alongside JPMorgan’s Jamie Dimon. 

The BlackRock CEO said that during COVID, he explored BTC and met with peop…

The post BlackRock CEO Larry Fink Calls Bitcoin a “Hedge Against Debasement” as IBIT Crosses 781,000 BTC appeared first on Coin Edition.

Читать материал на CoinEdition

В этой новости

Монеты

$ 67.25K

-1.45%

$ 0.0761

-4.42%

$ 0.00978

+0.56%

$ 0.00...361

$ 0.0869


Поделиться:

В этой новости

Монеты

$ 67.25K

-1.45%

$ 0.0761

-4.42%

$ 0.00978

+0.56%

$ 0.00...361

$ 0.0869


Поделиться:

Читать больше

$19B could “vanish” from Bitcoin ETFs without a single Bitcoin being sold

$19B could “vanish” from Bitcoin ETFs without a single Bitcoin being sold

Headlines about Bitcoin ETF outflows often mix two things: Bitcoin's price move and a...
Top Wall Street minds see AI rotation ahead as bitcoin seeks role in new cycle

Top Wall Street minds see AI rotation ahead as bitcoin seeks role in new cycle

BlackRock’s Rick Rieder, UBS’s Ulrike Hoffmann-Burchardi and Third Point’s Daniel Loe...