Bitcoin: The Unique Diversifier
98% of the world still does not own bitcoin, we are still early. The time to act is now.
“Bitcoin outperformed all major asset classes in 7 of the last 10 years”
“These movements in bitcoin’s price continue to reflect, in part, its evolving prospects through time of becoming adopted on a widespread basis as a global monetary alternative”
“Bitcoin is seen by some investors as a “flight to safety” in times of fear amid some of the most disruptive global events over the last five years.”
The following statements aren’t from CoinMENA’s Bitcoin blog or a university article—they're straight from BlackRock's latest Bitcoin report. Once a staunch critic, BlackRock, led by Larry Fink, has changed its stance on Bitcoin.
Like all smart people, when presented with new facts, they adjusted their position. What was once seen as a fringe asset has now become a “legitimate financial instrument,” with Fink comparing Bitcoin to “digital gold” and acknowledging its role in being a “flight to quality” as a hedge against currency debasement.
This shift in perspective is a reminder for everyone in the region, regulators, central banks, and governments, who remain on the fence. The window to embrace Bitcoin is narrowing, and those who wait too long may be left behind in what could be the first truly global asset class.
98% of the world still does not own bitcoin, we are still early. The time to act is now.
Check out BlackRock’s presentation here: https://www.blackrock.com/us/financial-professionals/literature/whitepaper/bitcoin-a-unique-diversifier.pdf
