Larry Fink, CEO of BlackRock: Bitcoin is Like Digital Gold, a Massive Long-Term Store of Value
Larry Fink, CEO of BlackRock, stated in an interview with FOX Business that he began to view Bitcoin more positively three years ago. He suggested that if people are concerned about government-induced currency devaluation, Bitcoin could be seen as a massive potential long-term store of value, similar to digital gold. Fink also mentioned, "Bitcoin is an international ledger; it's cross-border, it's bigger than any one government. There are a lot of bad actors in all start-ups, but I think it's becoming more legitimate. The fact that we have a spot ETF on Bitcoin is an example of that, showing that we're legitimizing it, we're creating more safety."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sources: Revolut offers secondary market shares to insiders, valued at $75 billion
Data: Andrew Tate WLFI long position liquidated, reopened after a loss of $67,600
Metaplanet President: The company plans to accumulate 210,000 bitcoins by 2027
Today's Fear and Greed Index rises to 49, shifting from Fear to Neutral
Trending news
MoreCrypto prices
More








