BlackRock Digital Assets Director: BlackRock sees BTC as an emerging global currency alternative

Odaily News Robert Mitchnick, head of digital assets at BlackRock, said in an interview with Bloomberg: "When we think of Bitcoin, we primarily view it as an emerging global currency alternative. As concerns about U.S. Treasuries grow, Bitcoin becomes an attractive alternative reserve asset that is unrelated to the value of the U.S. dollar." BlackRock's report states that because of this, Bitcoin is valuable in helping investors diversify their portfolios. (Fortune)