Interesting how quiet this release was, considering its significance: the world’s largest asset manager deeming BTC a perfectly deflationary store of value that bears no direct correlation to events causing macro volatility…a pure hedge against chaos and geopolitical unrest. Modern day kings are aligning themselves to a newfound source of power.

The sheer power of Bitcoin is something that gets lost, IMHO, in the many narratives about this asset. Mysticism is great at drumming up curiosity, but BTC does need to deliver (again, not fundamentally, I’m talking about pure marketing and communications) on the immense opportunity it represents. I was therefore immensely glad to read this the other day.