CEO of $7 Trillion Fund Sees Bitcoin as ‘Global Market’ Asset | Crypto Craft

  • CEO of $7 Trillion Fund Sees Bitcoin as ‘Global Market’ Asset

    From decrypt.co

    Larry Fink, CEO of asset management firm BlackRock, said in a speech at the nonprofit body Council of Foreign Relations earlier this week that Bitcoin had “caught the attention and imagination of many people” and was poised to grow as an asset class. The comments came as Bitcoin broke just above its all-time high price of nearly $19,800 on several crypto exchanges yesterday, before tumbling down to under $19,000. It has since crawled back over the line but has lost some momentum. Fink noted that Bitcoin remains a niche market with a massive potential for upside. “Still untested, pretty small market relative to ... (full story)

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TudorIoan
Dec 2, 2020 5:10am
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Crooks like these lure you into crypto trash, and that's it.
But the truth is that very few people understands bitcoin except the people who created it.
But those people will never tell you the truth about crypto.
Because their whole crypto business is built on a lie.

Crypto is in fact unsustainable.
Just think about it, a medium sized value transaction costs more than the value which it actually trades.
And if they were exposed, they would have to lose huge sums.
They will never tell you about fundamental real facts like the crypto trilemma or the real transaction energy costs.

On the other hand, trading highly speculative shit might be good for you being a short time winner.
But a bubbling trash market like this can really crash anytime melting away with it your investment.
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