BlackRock CEO doubts Bitcoin will ever become a currency
black rock CEO Larry Snitch suggests that Bitcoin can not become THE go to currency For every day expenses And asserts that he doesn't considered THE potential price path of Bitcoin.
black rock CEO Larry Snitch doubts THE practical aspect of using Bitcoin (BTC) For every day transactions, reiterating he should be publicly perceived as purely A active class.
In A interview with CNBC on January 11, Snitch declared her belief In Bitcoin, visualization he as A alternative form of wealth storage instead that A competitor has replace national currencies.
"I don't do it believe It is Never going has be A currency. I believe It is A active class. »
![](https://s3.cointelegraph.com/uploads/2024-01/38eecc9f-3978-4e41-8796-b06b3ba55f25.png)
However, he do believe that central bank digital coins (CBDC) will come has realization In THE close future.
"I think were going has create digital currencies, were going has to use technology For he. Were going has to use A blockchain,” he said.
According to has recent data Since Cointelegraph, on 100 countries are exploring THE subject of CBDC, while there are 39 countries that to have either A pilot, proof of concept, Or spear CBDC initiatives.
Related:Aether price jumped up 20% against. Bitcoin as black rock boosted Ethereum ETFs paris
Again, When interrogates about her position on ARK Invest CEO Cathie Woods most recent Bitcoin assessment predictions varying Since $600,000 has $1 million, Snitch noted price was not her primary concern RIGHT now.
"I do not have even thought A...
![BlackRock CEO doubts Bitcoin will ever become a currency](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDEvZjM0YmVmYmEtYzE1My00NGE5LWJhOTctOWRiMTgwZTI4YWE3LkpQRw==.jpg?#)
black rock CEO Larry Snitch suggests that Bitcoin can not become THE go to currency For every day expenses And asserts that he doesn't considered THE potential price path of Bitcoin.
black rock CEO Larry Snitch doubts THE practical aspect of using Bitcoin (BTC) For every day transactions, reiterating he should be publicly perceived as purely A active class.
In A interview with CNBC on January 11, Snitch declared her belief In Bitcoin, visualization he as A alternative form of wealth storage instead that A competitor has replace national currencies.
"I don't do it believe It is Never going has be A currency. I believe It is A active class. »
![](https://s3.cointelegraph.com/uploads/2024-01/38eecc9f-3978-4e41-8796-b06b3ba55f25.png)
However, he do believe that central bank digital coins (CBDC) will come has realization In THE close future.
"I think were going has create digital currencies, were going has to use technology For he. Were going has to use A blockchain,” he said.
According to has recent data Since Cointelegraph, on 100 countries are exploring THE subject of CBDC, while there are 39 countries that to have either A pilot, proof of concept, Or spear CBDC initiatives.
Related:Aether price jumped up 20% against. Bitcoin as black rock boosted Ethereum ETFs paris
Again, When interrogates about her position on ARK Invest CEO Cathie Woods most recent Bitcoin assessment predictions varying Since $600,000 has $1 million, Snitch noted price was not her primary concern RIGHT now.
"I do not have even thought A...
What's Your Reaction?
![like](https://vidianews.com/assets/img/reactions/like.png)
![dislike](https://vidianews.com/assets/img/reactions/dislike.png)
![love](https://vidianews.com/assets/img/reactions/love.png)
![funny](https://vidianews.com/assets/img/reactions/funny.png)
![angry](https://vidianews.com/assets/img/reactions/angry.png)
![sad](https://vidianews.com/assets/img/reactions/sad.png)
![wow](https://vidianews.com/assets/img/reactions/wow.png)