BlackRock CEO: Crypto is Digital Gold, BTC an International Asset
In an interview on FOX Business, BlackRock CEO Larry Fink calls crypto “digital gold,” and labels Bitcoin (BTC) a digital asset.
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“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.”