BlackRock Digital Assets Head: BlackRock views Bitcoin as an emerging global currency alternative
ChainCatcher news, according to Fortune, BlackRock's head of digital assets Robert Mitchnick stated in an interview with Bloomberg: "When we think of Bitcoin, we primarily see it as an emerging global currency alternative. As concerns about U.S. Treasury bonds grow, Bitcoin becomes an attractive alternative reserve asset, independent of the value of the dollar." BlackRock's report indicates that for this reason, Bitcoin is valuable in helping investors diversify their portfolios.
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