Head of BlackRock Digital Assets: Bitcoin adoption is still in its early stages
On January 15th, Robbie Mitchnick, the head of digital assets at BlackRock Group, which manages $11.5 trillion in assets, said in a Bloomberg video interview that "Bitcoin adoption is still in its early stages."
Previously, Robbie had stated that "Some things happening in the crypto industry are a bit like blunders. Some cryptocurrency research publications and daily comments think Bitcoin is obviously a risky asset and infer from this that it's a risky asset and should be traded like stocks.
When we think about Bitcoin, we mainly see it as an emerging alternative to global currency. It's a scarce, global decentralized non-sovereign asset - an asset without country-specific risks or traditional counterparty risks."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.
Quantumrail Cancels 10 Billion Won Convertible Bond Offering
Crypto prices
More
