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Monday 9 October 2017

Larry Fink: I believe in cryptocurrencies

The polarization in the world of the bitcoin and the other cryptocurrencies continues with full force. After seeing the bankers who opposed the bitcoin and announcing it as a balloon, the cryptocurrencies received some support from other representatives of the financial world.
After it became clear that Goldman Sachs apparently planned to enter the digital money world more seriously, the latest support for the bitcoin and other cryptocurrencies came not from any else, but from one of the most influential financiers.
It's about Larry Fink, the head of the largest asset management fund - BlackRock.
According to Fink, the bitcoin and other cryptocurrencies can have a significant impact on the identification and disclosure of "money laundering" globally.
The continued growth of cryptocurrencies points to and reveals how money laundering is currently taking place in the world, Fink told Bloomberg.
He also said, that he is the one of the great believers in the potential of cryptocurrencies and what they can do. He added that he sees "tremendous opportunities" in the bitcoin, but at the moment, moods about cryptocurrencies are relatively speculative.

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