Bitcoin is increasingly asserting its role as a store of value in the eyes of the CEO of Blackrock.

Larry Fink, CEO of BlackRock, recently reaffirmed his strong belief in the long term value of Bitcoin, viewing it as one of the most notable financial innovations of the era. According to him, the most important application case for Bitcoin lies in its role as a modern “store of value” in the context of an increasingly unstable global economy.

He emphasized that Bitcoin provides a decentralized alternative to the traditional financial system, particularly appealing in areas affected by high inflation, currency devaluation, or geopolitical risks. Unlike fiat currency, Bitcoin does not rely on central banks or governments, allowing individuals to have greater financial autonomy.

Fink also believes that Bitcoin is gradually being seen by large institutions as a tool for diversifying portfolios and hedging against macro risks, playing an increasingly important role in the future of the global financial system.