BlackRock Is Shilling Bitcoin
Lark Davis
Summary of Transcript
- Larry Fink, Black Rock CEO, highlights a key reason to own Bitcoin
- Bitcoin serves as an internationally-based instrument to overcome:
- Currency debasement fears
- Economic instability fears
- Political instability fears
- It protects against uncertainties such as:
- Loss of purchasing power
- Political uncertainties in one's own country
- Bitcoin is likened to having gold stored in a Swiss vault, but better
- It offers a means to protect oneself and family in times of turmoil by providing a portable and secure store of value.