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BlackRock CEO: Concerned about US government deficits, Cryptocurrency is the solution
According to Jinse Finance, Larry Fink, CEO of BlackRock, stated in an interview with CNBC that his initial skepticism of cryptocurrencies such as BTC has been alleviated. After spending time researching and studying BTC, he has come to believe in cryptocurrencies and believes that they have a place in the portfolios of ordinary investors. Larry Fink pointed out that political uncertainty in the United States and soaring government debt are major reasons why investors hold BTC, and he bluntly stated, 'I firmly believe that BTC has an indispensable position in the investment portfolio, just like 'digital gold'.