Blackrock CEO: From the critic to a bitcoiner?

Titel: Larry Fink und die Wandlung zum Bitcoin-Befürworter Untertitel: BlackRock-CEO erkennt das Potenzial von Bitcoin und Blockchain Die traditionelle Finanzbranche, lange Zeit ein Kritiker von Kryptowährungen, beginnt zunehmend das Potenzial von Bitcoin zu erkennen. Eine prominente Figur in diesem Sinneswandel ist Larry Fink, der CEO des größten Vermögensverwalters der Welt, BlackRock. Fink, der selbst einst ein Kritiker von Bitcoin war, hat seine Meinung seitdem geändert und bezeichnet die älteste Kryptowährung nun als einen internationalen Vermögenswert. Doch bevor Fink seine Meinung änderte, gab es bereits Vorreiter in der Industrie. Einer davon ist der Unternehmer und Investor Michael Saylor, der im Jahr …
Title: Larry Fink and the change to the Bitcoin supporter subtitle: Blackrock CEO recognizes the potential of Bitcoin and Blockchain The traditional financial industry, a critic of cryptocurrencies for a long time, increasingly begins to recognize Bitcoin's potential. A prominent figure in this change of heart is Larry Fink, the CEO of the largest asset manager in the world, black rock. Fink, who was once a critic of Bitcoin, has changed his opinion since then and now describes the oldest cryptocurrency as an international asset. But before Fink changed his opinion, there was a pioneer in industry. One of them is the entrepreneur and investor Michael Saylor, who is ... (Symbolbild/KNAT)

Blackrock CEO: From the critic to a bitcoiner?

Title: Larry Fink and the change to the Bitcoin supporter

subtitle: Blackrock CEO recognizes the potential of Bitcoin and Blockchain

The traditional financial industry, a critic of cryptocurrencies for a long time, increasingly begin to recognize Bitcoin's potential. A prominent figure in this change of heart is Larry Fink, the CEO of the largest asset manager in the world, black rock. Fink, who was once a critic of Bitcoin, has changed his opinion since then and now describes the oldest cryptocurrency as an international asset.

Before Fink changed his opinion, there were already pioneers in industry. One of them is the entrepreneur and investor Michael Saylor, who was still skeptical about Bitcoin's future in 2013. Today Saylor with his company Microstrategy is representative of the institutional Bitcoin adoption on a large scale. The billion-dollar tech entrepreneur Mark Cuban was once against Bitcoin, but also changed his opinion. Today he even hopes for a lower price to buy more Bitcoin.

Fink has learned from the mistakes of its predecessors and now describes Bitcoin as digital gold. In an interview with Fox Business, he also praised the blockchain technology and emphasized its benefits in accelerating transaction processes. Fink even goes so far that a pure blockchain technology could do without intermediaries.

This change in the attitude to cryptocurrency is not an isolated case. The financial industry is generally in an ideological change. Formerly stamped as a climate killer or drug money, you can now see the numerous potential of Bitcoin and other cryptocurrencies. Blackrock has noticed the increased interest of institutional investors in Bitcoin and would now like to open up the market with a submitted Bitcoin Spot ETF.

The application from Blackrock not only surprised the competition, which now also wants to submit applications. Bitcoin itself has also reacted positively to the bullish news and has increased to over $ 30,000. This shows that Fink's journey into the Bitcoin "Rabbit Hole" has just started.

It seems that the traditional financial industry has finally recognized Bitcoin's potential and sets off to explore the technology and its possible applications. With Blackrock as one of the largest asset managers in the world that opens up to Bitcoin, this could be an important milestone for cryptocurrency. It remains to be seen how the attitude of other actors will develop in the financial industry and whether further positive changes are imminent.