BlackRock CEO Larry Fink says he’s likely in the same camp as Jamie Dimon in seeing bitcoin as worthless, though there are opportunities in blockchain

fink, dimon, bitcoin, world, believe,
Middle East

BlackRock CEO Larry Fink says he’s likely in the same camp as Jamie Dimon in seeing bitcoin as worthless, though there are opportunities in blockchain

BlackRock CEO Larry Fink said Wednesday he's likely aligned with JPMorgan CEO Jamie Dimon's view that has no value, but the head of the world's largest asset manager does see value in the idea of a digitized currency and blockchain. "I'm probably more on the Jamie Dimon camp," Fink , answering a question referring to Dimon's comment Monday that he believes and that he still isn't buying into the hype surrounding the world's most-traded cryptocurrency. "I'm not a student of bitcoin and where it's going to go so I can't tell you whether it's going to $80,000 or zero. But I do believe there is a huge role for a digitized currency and I believe that's going to help consumers worldwide," said Fink. Bitcoin during Wednesday's choppy session was up 0.3% to trade around $56,360 and recently recaptured the valuation mark of more than $1 trillion. Despite Dimon's bitcoin skepticism, his bank conducts business with clients that want access to the world's most-traded cryptocurrency. "We're studying blockchain and the whole concept of crypto and we believe that will play a very large role," said Fink in responding to a question about whether he has shifted in his view in offering

What is the ‘delta plus’ variant of the coronavirus? – The Peninsula Qatar

Gulf tensions: Saudi Arabia flexes its economic muscles

John Cena stars in action-packed Abu Dhabi tourism campaign: ‘I wish you could see this’ – The National

TV: Seoul files complaint against unionists who rallied in ‘Squid Game’ costume – Gulf Digital News