{"id":262449,"date":"2024-10-16T00:31:17","date_gmt":"2024-10-16T00:31:17","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/10\/16\/blackrock-ceo-is-right-trump-and-kamala-cant-stop-bitcoin\/"},"modified":"2025-06-25T17:10:50","modified_gmt":"2025-06-25T17:10:50","slug":"blackrock-ceo-is-right-trump-and-kamala-cant-stop-bitcoin","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/10\/16\/blackrock-ceo-is-right-trump-and-kamala-cant-stop-bitcoin\/","title":{"rendered":"Blackrock CEO Is Right: Trump and Kamala Can\u2019t Stop Bitcoin"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<figure>\n<p>                        <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA5NjU1OTY0ODg0ODA1MDUw\/screenshot-2024-09-30-at-114323am.png\" height=\"91\" width=\"1200\"><\/p>\n<\/figure>\n<figure>\n<p>                        <img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA5NjU2NTE0MzcyMTgzMjAw\/screenshot-2024-09-30-at-101601am.png\" height=\"800\" width=\"827\"><\/p>\n<\/figure>\n<p>I&#8217;ll admit &#8211; just a few years ago, I&#8217;d be shocked to hear myself say that the CEO of <a href=\"https:\/\/bitcoinmagazine.com\/tags\/blackrock\">BlackRock<\/a> is making good points about Bitcoin. <\/p>\n<p>As head of the world&#8217;s largest asset manager, I assumed Larry Fink would be Bitcoin&#8217;s biggest critic. But compared to dismissive remarks on Bitcoin from other Wall Street leaders like <a href=\"https:\/\/bitcoinmagazine.com\/tags\/jamie-dimon\">Jamie Dimon<\/a>, Fink&#8217;s perspective is a refreshing change.<\/p>\n<p>If you think otherwise, yesterday\u2019s earnings call proves it.<\/p>\n<p>There, Fink declared, &#8220;I&#8217;m not sure if either president would make a difference&#8221; on Bitcoin&#8217;s growth,\u201d adding &#8220;I don&#8217;t believe [Bitcoin&#8217;s rise] is a function of regulation.&#8221;<\/p>\n<p>He went on to compare Bitcoin\u2019s growth to much larger markets like mortgages, noting liquidity and transparency drives adoption more than rules.<\/p>\n<div>\n<blockquote class=\"twitter-tweet\"><p>\n                        <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1845944946991276494\"><\/a>\n                    <\/p><\/blockquote><\/div>\n<p>It&#8217;s wild that the CEO of an $11 trillion company is not just embracing Bitcoin, but that he gets that Bitcoin thrives because it is an apolitical, decentralized, global money.<\/p>\n<p>Regulation aside, Bitcoin marches on indifferently. Fink seems to grasp what many Bitcoiners don&#8217;t \u2013 that political winds don&#8217;t sway Bitcoin&#8217;s course long-term. Neither Donald Trump or Kamala Harris can stop Bitcoin from setting new all-time highs.<\/p>\n<p>Bitcoin thrives on its own technical merits, not regulatory benevolence. <\/p>\n<p>This independence was always its promise. Now, the world\u2019s financial giants aren\u2019t fighting it, but joining in. Bullish.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/business\/blackrock-ceo-is-right-trump-and-kamala-cant-stop-bitcoin\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] I&#8217;ll admit &#8211; just a few years ago, I&#8217;d be shocked to hear myself say that the CEO of BlackRock is making good points<\/p>\n","protected":false},"author":1,"featured_media":262450,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/262449"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=262449"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/262449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/262450"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=262449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=262449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=262449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}