It’s notable that Larry Fink is now on TV speaking of Bitcoin as a destination in a flight to quality.

I’ve spoken and written extensively about my view that Blackrock is solving a risk problem using Bitcoin and every time Larry Fink speaks - he validates that view.

The problem of asset management is far simpler in a world of people exposed to Bitcoin longs and shorts than a world of people exposed to bond longs and shorts.

The base case of holding Bitcoin over bonds is also becoming much more simple and clear. Zero counterparty risk, zero monetary policy risk, markets open 24/7/365 and -

Now that FASB is marking to market and there will exist a perfect hedge in the ETF - Bitcoin occurs to any ordinary asset manager as a superior store of value.