Finally, Bitcoin is not so bad. You are not unaware that recently, BlackRockalready close to the world of cryptocurrencies, recently filed a Bitcoin spot ETF application, in cash, with the Securities and Exchange Commission. A news that marks for our ecosystem thegrowing interest from institutions for BTC. A affection and a desire to adopt marked again this night by the words of Larry FinkTHE BlackRock CEO. For him, the role of Bitcoin (BTC) is to digitize gold.
Bitcoin, for all the gold in the world
It’s in a statement on Fox Business that Larry Fink let out his big cry of love for Bitcoin. An exchange that did not go unnoticed, quite the contrary. The boss of the $9 billion box has announced, after saying the opposite a few years ago, that Bitcoin and cryptocurrencies are “digitizing gold” thus becoming an alternative to inflation and the instability of the world. ‘a currency.
“Instead of investing in gold as a hedge against inflation…or the devaluation of your currency… [le bitcoin] can be an asset that people can use as an alternative”
It should be noted in the margin that what is stated here by Fink is an observation that is already visible, both in Africa and even in South America: BTC is resilient, and allows the economic opening up.
>> Want to add 1 bitcoin to your wallet? Register quickly on Binance and try your luck (trade link) <<
Institutions adopt the queen of cryptocurrencies
Thus, the CEO develops the vision of a BTC store of value, a role that is usually played by gold or the dollar. International, resilient, potential global store of wealth: Fink is full of praise for the queen of cryptocurrencies who, once the clichés are down, is for him ” an international asset “.
“What we are doing with cryptocurrency is making it more democratized, but also reducing purchase costs (…) I was skeptical because the first uses of crypto were for illicit activities”
Note also that BlackRock is not the only finance magnate to shout his love for the blockchain, as evidenced by this latest Coinbase report on the blockchain investments of the 100 largest fortunes in the world, thus raising an as yet unanswered question: will Bitcoin adoption be thanks to institutional investors?
Do you dream of adding 1 round bitcoin to your wallet? Register now on Binance and click on the button to try to win 1 BTC (commercial link)