BlackRock has revealed that its clients are primarily interested in Bitcoin as a form of digital gold rather than as a global payments system. This perspective aligns with the growing trend of viewing Bitcoin as a store of value, akin to precious metals, rather than a medium for everyday transactions. The asset management giant's insights reflect a broader market sentiment that prioritizes Bitcoin's role in wealth preservation over its utility in payment processing.
BlackRock: Clients View Bitcoin as Digital Gold, Not Payment Rail
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