BlackRock's Bitcoin Bet Is A Game-Changer For Crypto's Future

Wow, what a time to be alive in the world of cryptocurrency. So a news does hit me now.

I heard that Blackrock the world's largest, assets manager decided to make a move to add additional 1126 Bitcoin, bringing their total holdings to 702,000 BTC. If that doesn't scream confidence in the future of cryptocurrency at large, I don't know what this news does.

Let's discuss how this big move affects the world of crypto. For those who don't know blackrock isn't just any company you just hear on a regular day. They have managed trillions of dollars in asset both in stock trading and crypto. So you just think of them as the heavyweight of the financial world and when they make move or say something people listens, investors listen.

Them growing their bitcoin stats shows that they're not just dipping their toes in the crypto pool but they are diving somewhere. Holding up to several thousands of BTC is not a small feat, this is a both step that Bitcoin isn't just feeding anything. You can over and over again for every day folks like you and me.

This is signal that a big players believe in the power of blockchain and cryptocurrency at large. So why is this move so inspiring? It is so inspiring because it's proved that the world is changing. A decade each so, bitcoin was known as an internet money, today now it is catching eye for everybody in the world, both countries, governments are adopting it.

This black rocks move shows that even traditional finance cannot withstand or
fight against the potential of crypto so rather they are more interested in investing and building it around. It is a reminder that innovations always find the way to breakthrough no matter how skeptical.

Those who oppose it are for the dreamers and builders area. I think these are not moments to follow suits just like Blackrock. If you have been holding on to a few bucks, that is crypto slangs for small bitcoins fashion. If you are building a startup on blockchain, it is also a sign you are doing the right thing.

The world now is waking up to the idea of a decentralized system and this can empower
individuals and create opportunities for everyone, not just the rich but also those from the middle class and the poor.

So for me, what is next? BlackRock's growing bitcoin position could spark more institutional interest and it could promote adoption and innovation. Imagine a world where you can pay for anything with just your bitcoin or when you retire your funds, they pay you also.

You pay your pension also in crypto. This is not far from the truth. So whether you are a crypto newbie or you are just a seasoned holder, this is a call to just stay curious, keep learning and maybe even take a small leap into the world of digital assets.

The future is always bright.

images from Blackrock X handle.

Posted Using INLEO