TradFi shifts perspectives on crypto assets

But again, there was a progression where the analog versions of this entertainment content were with us. So, many of us in the older crowd have grown to accept that progression. <img alt="" src="https://miro.medium.com/v2/resize:fit:700/1*rKeHGB0ji-1K9Q3jjjK2DQ.jpeg" style="height:366px; width:700px" /> Recently, Larry Fink, the CEO of BlackRock asset management fund, <a href="https://www.cnbc.com/2023/07/14/blackrock-has-a-responsibility-to-democratize-investing-including-in-crypto-larry-fink-says.html" rel="noopener ugc nofollow" target="_blank">talked</a> about crypto in an interview on CNBC. He said that crypto “has a differentiating value versus other asset classes, but more importantly, because it’s so international, it’s going to transcend any one currency.” BlackRock is now the world’s largest asset management fund, with over $9 trillion in assets. Fink himself was a crypto and Bitcoin skeptic as recently as 2017 when he was <a href="https://www.coindesk.com/consensus-magazine/2023/07/07/thank-blackrocks-clients-for-larry-finks-change-of-heart/#:~:text=2017%20that%20Bitcoin%20was%20an,hedges%20and%20geopolitical%20risk%20hedges." rel="noopener ugc nofollow" target="_blank">quoted</a> as saying that Bitcoin was simply an “index for money laundering.” He was insinuating that the more people who wanted to launder money (they would use Bitcoin), the more the price would shoot up. <a href="https://medium.com/@zainjaffer-official/tradfi-shifts-perspectives-on-crypto-assets-3ee670557165">Click Here</a>