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2021.05.14

BlackRock Chief Investment Officer assesses Bitcoin’s long-term potential
Mentioned as a “durable asset”

Rick Rieder, CIO of BlackRock, the largest asset manager, called the crypto asset Bitcoin a “durable asset” on the 13th and evaluated its long-term potential.
Bitcoin was mentioned as an asset class in an interview with US media CNBC.
Recently, in response to Tesla’s BTC settlement cancellation turmoil, discussions on environmental issues such as carbon dioxide emissions related to virtual currency mining have reignited. The pros and cons of BTC mining are being questioned both inside and outside the industry.

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