# Surprise! Larry Fink likes BTC now.

**Published by:** [Durwin](https://paragraph.com/@durwin/)
**Published on:** 2023-09-15
**URL:** https://paragraph.com/@durwin/surprise-larry-fink-likes-btc-now

## Content

Larry Fink flip flops on his position about BTC like crypto Bros flipping burgers at McDonald’s.The CEO of BlackRock is Larry Fink. This man oversees trillions of dollars and people look up to him. His skepticism towards crypto was almost legendary, calling BTC “an index of money laundering”. And now he appears on a news show and starts praising Bitcoin. What. Nope, it’s not a glitch in the matrix. Seems like everyone is flipflopping over BTC. Larry Fink shared his newfound fondness for the cryptocurrency that’s been making headlines and shaking up markets. Remember, this is the same guy who used to be as friendly to crypto as Darth Vader is to the Rebel Alliance. But hey, people change, and Larry Fink is no exception. So, what did the man behind the $9 trillion asset management empire have to say about Bitcoin?What’s up Larry?He thinks it could revolutionize finance. Yes, you heard that right. Bitcoin, the digital enigma, might be the key to shaking up the financial world as we know it. Who saw that coming?He compares it to “digitizing gold.” Well, that’s a bold statement. Bitcoin has often been likened to digital gold, and now Larry Fink is singing the same tune.He sees it as an alternative hedge against inflation and devaluation of fiat currencies. Forget gold bars under your mattress; Larry seems to think that virtual coins might be the future hedge of choice.He recognizes it as an international asset. Unlike traditional currencies tied to a specific nation, Bitcoin transcends borders and becomes a global player.I don’t know about you, but Larry Fink’s sudden embrace of Bitcoin feels like that plot twist in a movie you didn’t see coming.Everyone believes that BTC will be the one to save crypto and web3.He used to be in the skeptic’s corner, waving his metaphorical finger at crypto enthusiasts. And now? Well, now he’s singing a different tune — one that has crypto aficionados everywhere nodding in agreement and saying, “Welcome to the party, Larry.” Maybe he finally realized that you can’t just ignore the crypto elephant in the room forever. But let’s not forget the one thing here. BlackRock, the colossal investment giant, has thrown its hat into the crypto ETF ring. There are making moves to offer a spot Bitcoin ETF. And the SEC has already accepted the proposal.With the most recent purchase, MicroStrategy now holds 152,333 bitcoin, worth over $4.6 billion at current prices.It’s hard to ignore the fact that the crypto conversation has shifted from the fringes to the mainstream. If one of the biggest skeptics can change his tune, what does that say about the future of Bitcoin? We might just see all the biggest critics revealing their enormous BTC bags soon. - Will BTC come back stronger next year? - #BitcoinRevolution #CryptoSurprise #CryptoMainstream #btc #eth #larryfink #bloackrock #bitcoinetf #finance #bitcoin #web3

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