The chief executive officer of the world’s largest asset manager, Blackrock, says he is “more on the Jamie Dimon camp” when asked whether he thinks bitcoin is worthless. However, the executive says he is fascinated by people’s interest in crypto and sees “a huge role for a digitized currency.”
Blackrock’s CEO Sides With JPMorgan’s Jamie Dimon on the Value of Bitcoin
Larry Fink, the CEO of the world’s largest asset manager with $9.5 trillion in assets under management, Blackrock, answered some questions about cryptocurrency, particularly bitcoin, in an interview with CNBC Wednesday.
He was asked whether he was “still in the Jamie Dimon’s category of ‘bitcoin is worthless'” or whether he saw value in the cryptocurrency. Dimon, the CEO of global investment bank JPMorgan, said earlier this week: “I personally think that bitcoin is worthless.” He also questioned the limited supply of the cryptocurrency.
The Blackrock executive replied:
I am probably more on the Jamie Dimon camp. But I am fascinated by so many people’s interest. It’s fantastic. I love the fact that more people are looking to invest in different things. I believe this is a very good, positive action.