Bitcoin

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Digital Gold

The CEO of BlackRock expresses massive bullishness on Bitcoin (BTC), dubbing the leading cryptocurrency an international asset and digital gold. 
In a recent interview with FOX Business, Larry Fink, the CEO of the world’s largest asset manager, BlackRock, joined the bandwagon of millions of Bitcoin proponents. 
Weighing in on the outstanding role and merits of utilizing the largest cryptocurrency by market cap, the one-time crypto skeptic, who called BTC an index of money laundering in 2017, paraded Bitcoin above gold and every fiat currency. 
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 <a href="https://t.co/tOQhsH5MlI">https://t.co/tOQhsH5MlI</a> <a href="https://twitter.com/AdMcMarkets?ref_src=twsrc%5Etfw">@AdMcMarkets</a> 
 <a href="https://twitter.com/DLNewsInfo/status/1676709172316889097?ref_src=twsrc%5Etfw">July 5, 2023</a> 
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<h2 id="span-data-preserver-spaces-true-blackrock-ceo-hails-btc-and-crypto-span">BlackRock CEO Hails BTC and Crypto </h2>
According to Fink, BTC is an international asset not controlled by any country or a centralized entity. Highlighting one of the major flaws of fiat currencies — devaluation — the BlackRock CEO noted that Bitcoin is the best hedge against the never-ending devaluation of traditional currencies. 
In addition, Fink implied that BTC is digital gold.&nbsp; “I do believe that the role of crypto is digitalizing gold in many ways,” &nbsp;he remarked. He added,&nbsp; ...
<a href="https://thecryptobasic.com/2023/07/06/blackrock-ceo-changes-stance-on-bitcoin-says-btc-is-an-international-asset-and-digital-gold/">Read more</a>

BlackRock CEO Changes Stance on Bitcoin, Says BTC is an International Asset and Digital Gold

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