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Bitcoin Is Like Digital Gold, It Is Bigger Than Any Government: BlackRock CEO
Summary: In a recent interview with Fox Business, BlackRock CEO Larry Fink shared his evolving perspective on bitcoin, noting a shift in his views over the past three years. He acknowledged: "I did believe, and this is Gary's position, that it's still one of the vehicles for illicit activity, I think no one can deny that. Where ...
In a recent interview with Fox Business, BlackRock CEO Larry Fink shared his evolving perspective on bitcoin, noting a shift in his views over the past three years. He acknowledged:
"I did believe, and this is Gary's position, that it's still one of the vehicles for illicit activity, I think no one can deny that. Where I came around to it, and I came around to a different interpretation three years ago - that there's a lot of merit to it...If you're in a country where you're fearful for your future, fearful of your government or you're frightened that your government is devaluing its currency... you could say this a great potential long-term store of value and, as I said, it's like digital gold...There's a lot of bad players in all startup things but I think it's become more legitimized. The advent of the Bitcoin ETF is an example that we’re legitimizing it, we're creating more safety."
Author: Katie Lin
Tags: Bitcoin,Blackrock,larry fink
Link: Bitcoin Is Like Digital Gold, It Is Bigger Than Any Government: BlackRock CEO [Copy]
