BlackRock CEO: Crypto is Digital Gold, BTC an International Asset

[SBFNews]

BlackRock CEO: Crypto is Digital Gold, BTC an International Asset​

Michael Grullon
July 5, 2023

Source: CryptoSlate

In an interview on FOX Business, BlackRock CEO Larry Fink calls crypto “digital gold,” and labels Bitcoin (BTC) a digital asset.



“I do believe that the role of crypto is digitalizing gold in many ways,” he says. “Instead of investing in gold as a hedge against inflation (and) a hedge against the onerous problems of any one country, or the devaluation of your currency of whatever country you’re in, Bitcoin is an international asset.”

In saying that BTC is an international asset, BlackRock CEO Fink explains that it can be used as an alternative asset to gold. BlackRock applied for a Bitcoin ETF (exchange-traded fund) last month.


Nasdaq also included a Coinbase surveillance sharing agreement (SSA) in a spot Bitcoin ETF refilling. The BlackRock CEO hopes that the spot ETF filing will be looked at as a way to “democratize crypto.”


Gold has been a staple alternative to physical currency to invest for time. However, with the emergence of cryptocurrency over the past decade, it is quickly becoming an alternative investment as an asset. Bitcoin is the leading cryptocurrency in terms of value on the market. Currently, BTC has a price of $30,484.52, according to CoinMarketCap, and a Market cap of $592,101,485,120, at the time of writing.


https://watcher.guru/news/blackrock-ceo-cry...rnational-asset

 

[syed putra]

The guy who invented bitcoin is a genius.

 

[mojito]

If any thing can create money out of zeros and ones, I would all so call it digit gold.

 

[syed putra]

If any thing can create money out of zeros and ones, I would all so call it digit gold.

All you need is for Black Rock to promote it to go even higher.

 

[GOD IS MY DOG]

BlackRock CEO: Crypto is Digital Gold, BTC an International Asset​

Michael Grullon
July 5, 2023

Source: CryptoSlate

In an interview on FOX Business, BlackRock CEO Larry Fink calls crypto “digital gold,” and labels Bitcoin (BTC) a digital asset.



“I do believe that the role of crypto is digitalizing gold in many ways,” he says. “Instead of investing in gold as a hedge against inflation (and) a hedge against the onerous problems of any one country, or the devaluation of your currency of whatever country you’re in, Bitcoin is an international asset.”

In saying that BTC is an international asset, BlackRock CEO Fink explains that it can be used as an alternative asset to gold. BlackRock applied for a Bitcoin ETF (exchange-traded fund) last month.


Nasdaq also included a Coinbase surveillance sharing agreement (SSA) in a spot Bitcoin ETF refilling. The BlackRock CEO hopes that the spot ETF filing will be looked at as a way to “democratize crypto.”


Gold has been a staple alternative to physical currency to invest for time. However, with the emergence of cryptocurrency over the past decade, it is quickly becoming an alternative investment as an asset. Bitcoin is the leading cryptocurrency in terms of value on the market. Currently, BTC has a price of $30,484.52, according to CoinMarketCap, and a Market cap of $592,101,485,120, at the time of writing.


https://watcher.guru/news/blackrock-ceo-cry...rnational-asset

Fink is a Jew.......................trust a Jew at your own dire peril..................

 

[laksaboy]

Never believe BlackRock. That is all.

 

[laksaboy]

Fink is a Jew.......................trust a Jew at your own dire peril..................

Jews are okay if they believe in God... these godless globalist so-called 'Jews' are the infamous 'brood of vipers'. Trust them at your own peril.

 

[Deleted member 178254]

The guy who invented bitcoin is a genius.

Absolutely, the mind behind Bitcoin is indeed a genius. The concept of a decentralized currency was revolutionary. Looking back, I wish I invested in it in 2009. But in my view, it's never too late to explore the world of cryptocurrencies and blockchain technology. By the way, what are your thoughts on Crypto Casino? They're gaining traction, combining technology and entertainment. While I admire the invention, I'm also intrigued by how it's reshaping various industries.