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BlackRock CEO Larry Fink Now Believes Bitcoin “Serves Same Purpose as Gold”

BlackRock CEO Larry Fink has taken a noticeably different tone on Bitcoin. The man who once dismissed it as a tool for money launderers now calls it a legitimate “alternative” investment. He said he’s had to go back and challenge some of his earlier assumptions about the crypto world. In a recent CBS interview, Fink admitted that back in 2017, he considered Bitcoin to be mostly used by criminals. He openly acknowledged calling it “an index of money laundering.” That view, it seems, has changed dramaticall ...