BlackRock CEO Admits Mistake: Previous Opposition to Bitcoin and Cryptocurrency was 'Wrong'

BlockBeats News, December 4th, BlackRock CEO Larry Fink today admitted at the New York Times DealBook Summit that his previous opposition to Bitcoin and cryptocurrency was "wrong." The host asked, "You once called cryptocurrency a 'money laundering and thief's tool' in 2017, but now BlackRock has the largest Bitcoin spot ETF. What happened?" In response, Larry Fink said, "I have strong views, but that doesn't mean I can't be wrong. Through constant self-examination and annual meetings with thousands of clients and government leaders, my thought process has continued to evolve, and my views have undergone a significant transformation. Now BlackRock actively embraces Bitcoin."