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BlackRock: Why Bitcoin Matters More Than Ever In Today’s Financial Landscape

  • BlackRock has released a comprehensive Bitcoin paper that highlights its importance in the financial landscape.
  • Bitcoin is praised for its technological innovation, hard-coded supply cap, global and digital nature, and decentralization.
  • BlackRock believes Bitcoin is largely insulated from macroeconomic risks and can serve as a credible alternative monetary form.
  • The asset manager suggests that BTC's adoption will likely correlate with global concerns regarding monetary instability and geopolitical tensions.

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