Topic: BlackRock lays out why to invest in ‘flight to safety’ asset (Read 246 times)
@PrivacyG. Also, the very comedic ending of this storyline will be the Black Rock might cause the big dump to take their profit on the order of command of the new mayor of bitcoin hehehee. It will also cause a similar occurrence that was similar for the small minnows of the cryptospace where we have bought the high and sold the low. However the difference, we have learned from our mistakes. The people from traditional finance who will enter the cryptospace because of the new mayor of bitcoin will certainly lose a certain percentage of their investment. This, however, will where our profit will come from heheheheh.
September 21, 2024, 02:28:07 AM
Seriously? I never knew Bitcoin would be a good Asset to invest in! For how long have we discussed BlackRock and other institutions hating on Bitcoin and how silly they were for doing it?
The most disruptive and potentially destructive part of his message is the 'flight to safety' part honestly. I would think Bitcoin is not the kind of Asset they would put any where close to the word 'Safety'. Anybody who puts their Money into Bitcoin thinking it provides Safety will be disappointed as soon as the first volatility shows up. Kind of dubious if you ask me to see this statement.
The most disruptive and potentially destructive part of his message is the 'flight to safety' part honestly. I would think Bitcoin is not the kind of Asset they would put any where close to the word 'Safety'. Anybody who puts their Money into Bitcoin thinking it provides Safety will be disappointed as soon as the first volatility shows up. Kind of dubious if you ask me to see this statement.
September 21, 2024, 02:10:02 AM
The US national debt has exceeded 35 trillion US dollars.
At the same time, the US has bad relations with countries such as China and Russia. China and Russia exclude assets denominated in US dollars from their gold and foreign exchange reserves. Also, these two countries no longer buy US government bonds.
All this calls into question the role of the US dollar as a world reserve currency. All this makes the US government think about one or another form of devaluation of the US dollar in order to reduce the US national debt.
At the same time, Bitcoin is denominated in US dollars, accordingly, the weakening of the US dollar leads to the strengthening of Bitcoin (and vice versa).
Understanding all this, BlackRock begins to accumulate Bitcoins, rightly considering such savings as insurance against the current situation with the US national debt.
Perhaps BlackRock is simply more prudent and forward-looking than other financial institutions?
At the same time, the US has bad relations with countries such as China and Russia. China and Russia exclude assets denominated in US dollars from their gold and foreign exchange reserves. Also, these two countries no longer buy US government bonds.
All this calls into question the role of the US dollar as a world reserve currency. All this makes the US government think about one or another form of devaluation of the US dollar in order to reduce the US national debt.
At the same time, Bitcoin is denominated in US dollars, accordingly, the weakening of the US dollar leads to the strengthening of Bitcoin (and vice versa).
Understanding all this, BlackRock begins to accumulate Bitcoins, rightly considering such savings as insurance against the current situation with the US national debt.
Perhaps BlackRock is simply more prudent and forward-looking than other financial institutions?
September 20, 2024, 11:57:20 PM
Blackrock has all the motivation in the world to help Bitcoin reach the moon. They’re telling their clients to be insanely bullish and are saying all the right things. I think they are banking on Bitcoin shooting up in value right at a time when the rest of the world’s assets are struggling with a mixture of recession, inflation, and unemployment.
They are considered to be saying the right things only if bitcoin keeps continuing the bullish price movements hehehe. However, these people have not experienced a dump on their faces that is -80% from all time high prices. This will certainly be a shock for much of them if bitcoin gives them the big dump that they have experienced in their trading careers during the bear market. The new mayor of bitcoin will certainly be silent and these new investors will be declaring that bitcoin is a scam. I am quite certain of this.
@OcTradism. Thank you for sharing these websites, trackers. They certainly deserve their own threads that should be updated every week.
September 20, 2024, 11:23:15 PM
If you think about it, over the past 3 years BlackRock has been struggling with the tyrannical US government and its Draconian laws in the name of "liberal economy". When this massive company sees threats on every corner and their money is being blocked by the US government, they are bound to see the "exit" options more clearly.
So I'm not surprised they now have their eyes on Bitcoin, the only money US government can not censor.
In other words, we can say finally Black Rock saw the end game that was seen by MicroStrategy and El Salvador several years ago.So I'm not surprised they now have their eyes on Bitcoin, the only money US government can not censor.
https://saylortracker.com/
https://nayibtracker.com/
They are late but it's better than never and with massive capital under management of Black Rock, they have been bringing big positive impacts in Bitcoin market. They will play important role as one of role models for other institutional investors to join this market, and participate in this end game.
September 20, 2024, 11:07:16 PM
I may be wrong but this looks like one of those cases where the government pushed so hard with its censorship that they pushed them in Bitcoin's open arms 
If you think about it, over the past 3 years BlackRock has been struggling with the tyrannical US government and its Draconian laws in the name of "liberal economy". When this massive company sees threats on every corner and their money is being blocked by the US government, they are bound to see the "exit" options more clearly.
So I'm not surprised they now have their eyes on Bitcoin, the only money US government can not censor.
If you think about it, over the past 3 years BlackRock has been struggling with the tyrannical US government and its Draconian laws in the name of "liberal economy". When this massive company sees threats on every corner and their money is being blocked by the US government, they are bound to see the "exit" options more clearly.
So I'm not surprised they now have their eyes on Bitcoin, the only money US government can not censor.
September 20, 2024, 10:41:14 PM
Glad to see Larry finally came around 7 years later. Several times. I wondered if Warren Buffet would ever change his tune, but he is retired now and it's too late. ps. The adoption S-curve looks great!
It's not too late to adoption, whoever the conglomerate in this world, they never late to invest bitcoin today. But, Warren Buffet is different from Larry Fink. He look visioner than Buffet when we compare about mind. As we know Buffet old-fashioned person or very old school than Fink. His house and car haven't changed since long ago, he just use an iphone a while ago, so it is difficult for him to adopt the new era of technology which made from blockchain. Buffet realize can't invest bitcoin because his knowledge about the new technology blockchain is limited so that situation he won't speculation to invest something he didn't know how it work. September 20, 2024, 06:38:19 PM
Glad to see Larry finally came around 7 years later. Several times. I wondered if Warren Buffet would ever change his tune, but he is retired now and it's too late. ps. The adoption S-curve looks great!
Finally, Larry Fink, Black Rock CEO, admitted what he said years ago in 2017 is wrong.
What he said in 2017?
BlackRock CEO Larry Fink calls bitcoin an ‘index of money laundering
People can change when their knowledge changed and businessmen are more easily to change because of opportunities for their business. If Larry Fink can change, many other people, from businessmen to non businessmen can change, and contribute to Bitcoin adoption and make the curve more parabolic.
Bitcoin adoption S-curve
What he said in 2017?
BlackRock CEO Larry Fink calls bitcoin an ‘index of money laundering
People can change when their knowledge changed and businessmen are more easily to change because of opportunities for their business. If Larry Fink can change, many other people, from businessmen to non businessmen can change, and contribute to Bitcoin adoption and make the curve more parabolic.
Bitcoin adoption S-curve
September 20, 2024, 06:27:38 PM
It’s nearly time for the shackles to be taken off. Bitcoin is going to pump seriously hard in the next 12 months, I don’t think most of us are bullish enough. We could be set to see the most violently bullish cycle of all time.
I can't wait for that but I'm playing safe not to expect a lot but then, it's true that the upcoming months are going to be a wild ride for Bitcoin. While the others are looking at the current situation and they're not yet convinced yet, let's just meet at the finish line of this bull run. 
While personalities like Larry has some history talking shit about Bitcoin. All of them are changing for the better because they're in it for the money and they'll tell anything to their people because they know their stance as someone believable and that company who runs the entire world will definitely set everything as a ground not just for us but also to the people that they're taking in here.
September 20, 2024, 05:00:10 PM
They know what is coming and there are 2 paths for Bitcoin. There’s the path where it is viewed as a speculative asset and it crashes hard during the coming recession. There’s also the path where it is viewed as a safe haven and the price moons while all other assets get killed. Guess which path makes Blackrock more money… That’s the path they’ll advertise. They need to convince you Bitcoin is a safety asset and not speculative and they’ve got 18 months max to do it.
September 20, 2024, 11:46:00 AM
Yeah I find it very very strange why he is pumping his BTC ETFs when he has tons and tons of other investment ETFs out there. He seems as crazy about Bitcoin as Saylor pretty much.
Who knows why? Maybe its because there hasnt been any outflows in his ETF. Once someone buys his BTC ETF they hold it there long term. The longer they hold it the more money they make in the fees. So he is catering to those who investment timeline is 10 years and after 10 years, Blackrocks revenue from this one ETF will be massive.
Who knows why? Maybe its because there hasnt been any outflows in his ETF. Once someone buys his BTC ETF they hold it there long term. The longer they hold it the more money they make in the fees. So he is catering to those who investment timeline is 10 years and after 10 years, Blackrocks revenue from this one ETF will be massive.
September 20, 2024, 11:28:26 AM
Well, he's just repeating what many of us know. If you had to escape from your country for whatever reason you will not be able to take your house with you, and if you are in a hurry you will not have time to sell it. The money you have in the bank, as well as shares and other assets can be blocked, and if you have to cross a border the only thing you can take with you will be cash, not much and it depends on where you have to pass (€10K in Europe) and bitcoin, which you can take with you your keys and you can take enough to start your life somewhere else.
Yes, Bitcoin is an ideal asset for moving across borders. In such situations, it significantly outperforms assets such as real estate, gold, stocks, cash, bonds, etc.
When crossing some state borders, border guards and customs officers actively check people's devices (smartphones, laptops). Hardware cryptocurrency wallets will also not go unnoticed.
However, in order to move across the border with Bitcoins, you do not need laptops, smartphones, or hardware wallets. It is enough to learn 12 English words by heart and you can move a virtually unlimited amount of money from one continent to another.
Such an opportunity is mind-boggling.
Does anyone read these articles? I thought they were periodic reports or investment recommendations that are rarely dealt with. In the end, most people take their investment steps either after in-depth research or after asking their friends, relatives, people they know. In both cases, such reports are not important.
It’s nearly time for the shackles to be taken off. Bitcoin is going to pump seriously hard in the next 12 months, I don’t think most of us are bullish enough. We could be set to see the most violently bullish cycle of all time.
Can't wait to see this pump because we have been in the woods for so long. However, they are not still certain that the price will keep going high considering the political tension that is threatening peace of the Middle East. Investors should still be cautious since the market is still unpredictable. Finally, Larry Fink, Black Rock CEO, admitted what he said years ago in 2017 is wrong.
Businessmen don't have a permanent philosophy. All they want is profit and they are willing to change their views to make more money. Warren Buffet openly called Bitcoin rat poison but he is making money from investing in crypto-related businesses. Berkshire Hathaway Profits From Crypto Despite Warren Buffet's Stance On Not Buying Even 'If All Were Offered To Me For $25'
@bbc.reporter, do you think people like Larry cared about what they "sell" as long as they make a profit from it? He only says what people want to hear, but that doesn't mean that people who will invest in BTC through ETFs are stupid, quite the opposite - just look at the inflows and outflows from spot BTC ETFs and everything will be clear to you. I have no doubt at all that those who invest through ETFs will be the first to dump their shares/BTC when the time comes.
He has only changed his business relationship with BTC, I have no doubt at all that he still has an equally bad opinion about the same, which of course he keeps from himself and some narrow circle of people around him. All those people who supposedly changed and should contribute to BTC becoming "something" do not have good intentions in the long term - because everyone should ask themselves, why do people who are pillars of the centralized system suddenly change their minds?
~snip~
People can change when their knowledge changed and businessmen are more easily to change because of opportunities for their business. If Larry Fink can change, many other people, from businessmen to non businessmen can change, and contribute to Bitcoin adoption and make the curve more parabolic.
People can change when their knowledge changed and businessmen are more easily to change because of opportunities for their business. If Larry Fink can change, many other people, from businessmen to non businessmen can change, and contribute to Bitcoin adoption and make the curve more parabolic.
He has only changed his business relationship with BTC, I have no doubt at all that he still has an equally bad opinion about the same, which of course he keeps from himself and some narrow circle of people around him. All those people who supposedly changed and should contribute to BTC becoming "something" do not have good intentions in the long term - because everyone should ask themselves, why do people who are pillars of the centralized system suddenly change their minds?
It’s nearly time for the shackles to be taken off. Bitcoin is going to pump seriously hard in the next 12 months, I don’t think most of us are bullish enough. We could be set to see the most violently bullish cycle of all time.
Blackrock has all the motivation in the world to help Bitcoin reach the moon. They’re telling their clients to be insanely bullish and are saying all the right things. I think they are banking on Bitcoin shooting up in value right at a time when the rest of the world’s assets are struggling with a mixture of recession, inflation, and unemployment.
and likely War. We definitely in a period of everything unrest and in times like this Fiat becomes more paperish and alternatives like Gold and Bitcoin starts getting more attention.
They banking on it now before everything goes haywire and Bitcoin price Soars.
Scenarios and policies has shown Bitcoin resilience though most times the news affects everything but Bitcoin tend to recover faster than others.
Blackrock has all the motivation in the world to help Bitcoin reach the moon. They’re telling their clients to be insanely bullish and are saying all the right things. I think they are banking on Bitcoin shooting up in value right at a time when the rest of the world’s assets are struggling with a mixture of recession, inflation, and unemployment.
Finally, Larry Fink, Black Rock CEO, admitted what he said years ago in 2017 is wrong.
What he said in 2017?
BlackRock CEO Larry Fink calls bitcoin an ‘index of money laundering
People can change when their knowledge changed and businessmen are more easily to change because of opportunities for their business. If Larry Fink can change, many other people, from businessmen to non businessmen can change, and contribute to Bitcoin adoption and make the curve more parabolic.
Bitcoin adoption S-curve
What he said in 2017?
BlackRock CEO Larry Fink calls bitcoin an ‘index of money laundering
People can change when their knowledge changed and businessmen are more easily to change because of opportunities for their business. If Larry Fink can change, many other people, from businessmen to non businessmen can change, and contribute to Bitcoin adoption and make the curve more parabolic.
Bitcoin adoption S-curve
Well, he's just repeating what many of us know. If you had to escape from your country for whatever reason you will not be able to take your house with you, and if you are in a hurry you will not have time to sell it. The money you have in the bank, as well as shares and other assets can be blocked, and if you have to cross a border the only thing you can take with you will be cash, not much and it depends on where you have to pass (€10K in Europe) and bitcoin, which you can take with you your keys and you can take enough to start your life somewhere else.
It appears that this storyline being created by the new mayor of bitcoin Larry Fink will certainly make the heads of the people from traditional finance who will listen to him shake very vigorously once they witness and experience bitcoin's big volatile dumps on their faces hehehehe. This will certainly cause them to feel that they were scammed by Larry Fink.
Bitcoin has long been pitched as a digital gold, an alternative reserve asset, and a flight to safety for investors during major geopolitical events.
Now, the $10 trillion investment bank BlackRock is again singing the same tune.
“Bitcoin has been seen by some investors as a ‘flight to safety’ in times of fear amid some of the most disruptive global events over the last five years,” the report reads.
To that effect, say authors including BlackRock’s head of digital assets Robert Mitchnick, a “modest allocation” can diversify — making multiple bets in the market instead of investing in just one asset — a portfolio.
BlackRock has lured a broad swathe of new investors to Bitcoin.
Read in full https://www.dlnews.com/articles/markets/blackrock-bitcoin-report-outlines-flight-to-safety-and-risk/
Bitcoin has long been pitched as a digital gold, an alternative reserve asset, and a flight to safety for investors during major geopolitical events.
Now, the $10 trillion investment bank BlackRock is again singing the same tune.
“Bitcoin has been seen by some investors as a ‘flight to safety’ in times of fear amid some of the most disruptive global events over the last five years,” the report reads.
To that effect, say authors including BlackRock’s head of digital assets Robert Mitchnick, a “modest allocation” can diversify — making multiple bets in the market instead of investing in just one asset — a portfolio.
BlackRock has lured a broad swathe of new investors to Bitcoin.
Read in full https://www.dlnews.com/articles/markets/blackrock-bitcoin-report-outlines-flight-to-safety-and-risk/
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