How Bitcoin Changed BlackRock
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In this video, I discuss how Bitcoin changed BlackRock.
BlackRock's CEO Larry Fink used to spend his time attacking Bitcoin as being bad for the environment and enabling money laundering.
Now, whether through pure greed or some greater form of enlightenment, Fink has become a vocal advocate for Bitcoin, as BlackRock prepares to launch their proposed ETF.
BlackRock's move sends the signal to institutions that Bitcoin is now a safe and acceptable investment asset.
Even though the BlackRock Bitcoin ETF will be Bitcoin IOU garbage, it will still contribute to Bitcoin adoption.
The great thing about Bitcoin is that it channels human greed to spread itself and spread its benefits to humanity.
Greedy humans see "number go up." Meanwhile, humanity gets neutral, sound money.
Not investment advice! Consult a financial advisor.
BlackRock CEO Larry Fink calls bitcoin an ‘index of money laundering’:
https://www.cnbc.com/2017/10/13/blackrock-ceo-larry-fink-calls-bitcoin-an-index-of-money-laundering.html
BlackRock's Fink Says Clients Have Zero Interest in Crypto:
https://www.bloomberg.com/news/articles/2018-07-16/blackrock-s-fink-says-clients-have-zero-interest-in-crypto
BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’:
https://www.coindesk.com/business/2023/07/05/blackrock-ceo-larry-fink-says-bitcoin-could-revolutionize-finance/
BlackRock launches a private trust to give clients exposure to spot bitcoin:
https://www.cnbc.com/2022/08/11/blackrock-launches-a-private-trust-to-give-clients-exposure-to-spot-bitcoin.html
BlackRock Takes First Step Into Crypto Exposure in Two Funds:
https://www.bloomberg.com/news/articles/2021-01-20/blackrock-files-to-add-bitcoin-futures-to-two-of-its-funds
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#blackrock
Disclaimer
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