BlackRock CEO Larry Fink: “Cryptocurrencies Serve the Same Role as Gold”

According to TechFlow, BlackRock CEO Larry Fink stated on October 13 that cryptocurrencies play the same role as gold in today’s global financial landscape.Fink emphasized that digital assets, like gold, hold intrinsic value as hedges against economic uncertainty, adding that crypto should not be considered a non-performing asset.“Cryptocurrencies serve the same purpose as gold — a store of value,” Fink said, noting the rising adoption of Bitcoin and other digital assets among both retail and institutional investors.