Larry Fink of the day, Larry Fink of today - page 2.

Wind_FURY

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Quote from: 2Pizza410000BTC on July 05, 2023, 06:16:02 PM

"BlackRock" CEO Larry Fink made an anti-Bitcoin comment on Bitcoin in October 2017 and called Bitcoin a significant tool for money laundering. At the time, Larry Fink was a staunch opponent of Bitcoin.

It's laughable to be with an opinion that Bitcoin used for Money Laundering is "bad". Money Laundering by nefarious entities in itself is bad, yes, but the fact that Bitcoin can be used for Money Laundering effectively merely shows that "Bitcoin", as technically designed, actually WORKS. We should be comforted by the fact that our magic internet coins work as advertised. Cool

Quote from: Jating on July 05, 2023, 09:22:59 PM

Quote from: hatshepsut93 on July 05, 2023, 06:57:37 PM

When rich people don't own Bitcoin, they make negative statements about it, because they don't want others to invest in it, and instead put money into assets that they already hold. But once they buy Bitcoin, they start praising it as the best thing ever. This happened with Michael Saylor - he went from Bitcoin critic to second Bitcoin Jesus.

But I don't trust their words. They are not Bitcoin enthusiasts, they are getting filthy rich enthusiasts.

Yeah, it's all business for them, if you can't beat them, then join them attitude.

Speaking of Michael Saylor, this is now the (in)famous tweet,

https://twitter.com/saylor/status/413478389329428480

At least though, he attacks and then admit that Bitcoin is really different and now becoming the biggest personality in the bitcoin market.

He realized his mistake when he personally had problems of moving his money out of Argentina. It's one example of someone who truly learned the hard way. He knew that if he used Bitcoin, he would have moved that money out with merely a few clicks.

adaseb

legendary

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He said that because he probably didn’t understand it. He heard about it from time to time on the news and most of the headlines were something negative. So just like Trump, he doesn’t understand it and so he says something negative about it.

Reminds me of when I first heard about Bitcoin. Basically I also assumed it was a scam. Because most of the headlines I read about it back in 2012-13 were negative. Then when I read about it and learnt how it actually works and why it’s important, I started to change my mind. Larry is no different.

avikz

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Quote from: 2Pizza410000BTC on July 05, 2023, 06:16:02 PM

"BlackRock" CEO Larry Fink made an anti-Bitcoin comment on Bitcoin in October 2017 and called Bitcoin a significant tool for money laundering.

It's still the case! Bitcoin and other cryptos are still used as a tool for money laundering.

Quote

But that Larry Fink made another comment on Bitcoin yesterday, July 5, 2023. That 2017 comment and the 2023 comment were not the same. Now that BlackRock CEO Larry Fink has become a fan of Bitcoin. He called Bitcoin an important revolution of the next generation. And also made important comments that investing in Bitcoin is more important than investing in gold.

So Larry Fink knows how to move on from past mistakes and convert it into a business opportunity. That's a good sign of a businessman. Unfortunately, Mr. Warren Buffet is still holding onto his negative views on cryptocurrency. But that's understandable as he has reached an age where the learning stops and you start thinking yourself as the most wide man in the world.

Darker45

legendary

Activity: 2576

Merit: 1860

Larry Fink is just one among many. We'll probably expect more conversions over the years. And I guess this is normal. I myself thought Bitcoin was a Ponzi. How many among us Bitcoin supporters immediately embraced Bitcoin the first time they encountered it?

Many of us probably have this skeptical approach when confronted with something like a new currency or a new investment asset. We often start with a doubt. That's a helpful defense mechanism. It's because we have yet to thoroughly understand it. But as soon as we delve deeper into it, we get that it is indeed truly something.

The most important thing is that Bitcoin is winning. There will definitely be more Larry Finks in the years to come, and the sooner they convert the better.

Jating

hero member

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Quote from: hatshepsut93 on July 05, 2023, 06:57:37 PM

When rich people don't own Bitcoin, they make negative statements about it, because they don't want others to invest in it, and instead put money into assets that they already hold. But once they buy Bitcoin, they start praising it as the best thing ever. This happened with Michael Saylor - he went from Bitcoin critic to second Bitcoin Jesus.

But I don't trust their words. They are not Bitcoin enthusiasts, they are getting filthy rich enthusiasts.

Yeah, it's all business for them, if you can't beat them, then join them attitude.

Speaking of Michael Saylor, this is now the (in)famous tweet,

https://twitter.com/saylor/status/413478389329428480

At least though, he attacks and then admit that Bitcoin is really different and now becoming the biggest personality in the bitcoin market.

hatshepsut93

legendary

Activity: 3024

Merit: 2148

When rich people don't own Bitcoin, they make negative statements about it, because they don't want others to invest in it, and instead put money into assets that they already hold. But once they buy Bitcoin, they start praising it as the best thing ever. This happened with Michael Saylor - he went from Bitcoin critic to second Bitcoin Jesus.

But I don't trust their words. They are not Bitcoin enthusiasts, they are getting filthy rich enthusiasts.

Good_Doctor

jr. member

Activity: 83

Merit: 2

Quote from: 2Pizza410000BTC on July 05, 2023, 06:16:02 PM

"BlackRock" CEO Larry Fink made an anti-Bitcoin comment on Bitcoin in October 2017 and called Bitcoin a significant tool for money laundering. At the time, Larry Fink was a staunch opponent of Bitcoin.

But that Larry Fink made another comment on Bitcoin yesterday, July 5, 2023. That 2017 comment and the 2023 comment were not the same. Now that BlackRock CEO Larry Fink has become a fan of Bitcoin. He called Bitcoin an important revolution of the next generation. And also made important comments that investing in Bitcoin is more important than investing in gold.

After 6 years he came out clear not sure he'd start Bitcoin usage this year perhaps he's started earlier and couldn't hide his joy of being a bitcoin investor. So he's announcing publicly! This is just to create attention to himself after these many years of being an ignoramus! Good sign though 😀

2Pizza410000BTC

sr. member

Activity: 364

Merit: 195

Buy on Amazon with Crypto

"BlackRock" CEO Larry Fink made an anti-Bitcoin comment on Bitcoin in October 2017 and called Bitcoin a significant tool for money laundering. At the time, Larry Fink was a staunch opponent of Bitcoin.

But that Larry Fink made another comment on Bitcoin yesterday, July 5, 2023. That 2017 comment and the 2023 comment were not the same. Now that BlackRock CEO Larry Fink has become a fan of Bitcoin. He called Bitcoin an important revolution of the next generation. And also made important comments that investing in Bitcoin is more important than investing in gold.

Topic: Larry Fink of the day, Larry Fink of today - page 2. (Read 282 times)