Summary
- BlackRock CEO Larry Fink claimed that Bitcoin can serve as digital gold.
- Larry Fink emphasized that Bitcoin can protect assets from inflation.
- He stated that he recognized the power of blockchain technology during the COVID-19 pandemic.
The CEO of the world's largest asset management firm, BlackRock, stated that Bitcoin (BTC) can serve as a form of digital gold.
On the 25th (local time), Larry Fink, CEO of BlackRock, said in an interview with Citigroup, "In the past, I only considered Bitcoin as a means for money laundering," but added, "I realized the strength of blockchain technology as we went through COVID-19." He continued, "Bitcoin can serve as digital gold that protects assets from inflation."
Last year as well, he argued that Bitcoin is a legitimate form of digital gold.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
