BlackRock CEO Larry Fink suggests that Bitcoin may not become the go-to currency for everyday spending and asserts that he hasn't contemplated the potential price trajectory of Bitcoin.
BlackRock CEO Larry Fink doubts the practicality of using Bitcoin (BTC) for everyday transactions, reiterating it should be publicly perceived as purely an asset class.
In an interview with CNBC on January 11, Fink stated his belief in Bitcoin, viewing it as an alternative form of wealth storage rather than a contender to replace national currencies.
However, he does believe that central bank digital currencies (CBDCs) will come to fruition in the near future.
