Fink made these comments in a Bloomberg TV interview, explaining that he is a proponent of the potential of digital currency — and blockchain technology in particular — although he believes the markets are currently far too speculative and owe their increasing trading volume to international money laundering operations:
“Related to cryptocurrencies, I’m a big believer in the potential of what a cryptocurrency can do. You see huge opportunities, but what we’re talking about today, it’s much more of a speculative platform, people are speculating on it,” he said.
SOURCE: http://strategiccoin.com/blackrock-ceo-larry-fink-big-believer-potential-cryptocurrency/
“Related to cryptocurrencies, I’m a big believer in the potential of what a cryptocurrency can do. You see huge opportunities, but what we’re talking about today, it’s much more of a speculative platform, people are speculating on it,” he said.
SOURCE: http://strategiccoin.com/blackrock-ceo-larry-fink-big-believer-potential-cryptocurrency/