BlackRock’s Chief Investment Officer Says Bitcoin Could Replace Gold to a Large Extent

BlackRock’s Chief Investment Officer Says Bitcoin Could Replace Gold to a Large Extent
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The chief decision maker for where BlackRock, the world’s largest asset manager, invests its funds said bitcoin could take the place of gold to a large extent because crypto is “so much more functional than passing a bar of gold around.”

UPDATED 11/20/20 at 14:43 UTC: adds that BlackRock is the world’s largest asset manager.

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