If you're still on the sidelines, this headline might just be the nudge you need: Even Larry Fink—the CEO of BlackRock, the world's largest asset manager with $13.5 trillion under its belt—is now singing Bitcoin's praises. At the New York Times DealBook Summit yesterday, Fink joined Coinbase's Brian Armstrong to squash fears of another "crypto winter" after a rough market dip.
Fink didn't hold back: "I see a big, large use case for Bitcoin." He called it "an asset of fear" in today's volatile world but highlighted how legitimate long-term investors—like sovereign wealth funds—are piling in. BlackRock's already launched a Bitcoin ETF (approved by the SEC last year) and offers multiple crypto products to clients. With crypto's market cap soaring past $4 trillion this fall, thanks to Wall Street's embrace and a pro-Bitcoin shift in Washington, this isn't fringe anymore—it's mainstream momentum.
Armstrong echoed the vibe: No way Bitcoin hits zero, and with bills like the Genius Act for stablecoins on the horizon, regulation is catching up. Fink even warned the U.S. to speed up digitization or get left behind globally.
Bottom line? If the king of fiat finance sees Bitcoin's truth as the ultimate store of value—scarce, borderless, and inflation-proof—you should too. It's not just money; it's the soundest one we've got, and its value will only climb as more eyes open. Time to stack those sats and join the revolution.
https://www.nytimes.com/2025/12/03/business/dealbook/blackrock-coinbase-crypto-dealbook-summit.html