BlackRock CEO Larry Fink: Cryptocurrencies are a protective tool against currency depreciation
2025-10-28 09:00:51
According to BitcoinMagazine, BlackRock CEO Larry Fink recently said that if you believe that "countries will continue to devalue their currencies", then you should hold cryptocurrencies. The financial giant leader, who manages $13 trillion assets, further explained: "If you think global insecurity will rise, owning cryptoassets or gold is owning'fear assets'. You hold these assets because you are afraid of currency devaluation and you are concerned about financial security and fiscal security." Fink stressed that between cryptoassets and gold, the market generally believes that they are an effective hedge against currency devaluation/inflation.
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