BlackRock CEO’su Larry Fink, Bitcoin’in He expressed confidence in its potential, suggesting it could reach $700,000 if widely adopted as a hedge against economic and political instability.
Speaking in a recent interview, Fink noted Bitcoin’s appeal as an internationally based tool that could provide a hedge against currency depreciation and geopolitical uncertainties.
“If you fear the depreciation of your currency or the economic and political stability of your country, Bitcoin can overcome these local fears,” Fink said.
The CEO, who runs the world’s largest asset manager, stated that he believes in the usefulness of Bitcoin as a financial instrument, noting its potential to provide a hedge against traditional assets such as securities or stocks. He shared a conversation he had with a sovereign wealth fund exploring the possibility of allocating 2% to 5% of their portfolio to Bitcoin.
According to Fink, if such allocations become common among institutional investors, Bitcoin’s price could rise. “If everyone adopted this conversation, the price would be $500,000, $600,000, $700,000 per Bitcoin,” said Fink, also stating that BTC is not actively promoted.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/blackrock-ceosu-larry-fink-dunya-ekonomik-forumunda-bitcoini-ovdu-fiyat-tahminini-acikladi/
