Bitcoin is not a “hope asset,” but a “panic asset.” 😮💨 At the DealBook Summit, he said it straight— There are only four fundamental reasons people buy BTC: 👉 Fear of fiat currency collapse 👉 Worry about financial turmoil 👉 Fear of geopolitical conflict 👉 Lack of trust in the system
In other words: The more chaotic the world, the more people cling to Bitcoin.
📊 The real data is even more striking: BlackRock’s BTC spot ETF (IBIT) • Assets under management ≈ $80 billion • Holdings ≈ 780,000 $BTC BTC • Sovereign funds are quietly increasing their positions at high levels 👀
But Fink also poured some cold water: ⚠️ Bitcoin is extremely volatile ⚠️ Leverage can easily amplify its volatility ⚠️ Not suitable for short-term speculation
To sum it up in one sentence: Bitcoin isn’t for gambling, it’s for hedging against systemic risk. The real buyers of #BTC are buying: 👉 A hedge against a disordered world 🌍 👉 Insurance against currency devaluation 🛡️
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#贝莱德 CEO Larry Fink’s Latest Statement:
Bitcoin is not a “hope asset,” but a “panic asset.” 😮💨
At the DealBook Summit, he said it straight—
There are only four fundamental reasons people buy BTC:
👉 Fear of fiat currency collapse
👉 Worry about financial turmoil
👉 Fear of geopolitical conflict
👉 Lack of trust in the system
In other words:
The more chaotic the world, the more people cling to Bitcoin.
📊 The real data is even more striking:
BlackRock’s BTC spot ETF (IBIT)
• Assets under management ≈ $80 billion
• Holdings ≈ 780,000 $BTC BTC
• Sovereign funds are quietly increasing their positions at high levels 👀
But Fink also poured some cold water:
⚠️ Bitcoin is extremely volatile
⚠️ Leverage can easily amplify its volatility
⚠️ Not suitable for short-term speculation
To sum it up in one sentence:
Bitcoin isn’t for gambling, it’s for hedging against systemic risk.
The real buyers of #BTC are buying:
👉 A hedge against a disordered world 🌍
👉 Insurance against currency devaluation 🛡️