Bitcoin’s vision continues to attract the attention of the biggest players in the financial sector. During a recent appearance on CoinDesk Spotlight in November 2025, Mike Novogratz, a leading figure at Galaxy Digital, reaffirmed why the digital asset is much more than just a currency. According to him, it is precisely the lack of a centralized structure with a CEO that is the main advantage of Bitcoin in the face of competition.
This perspective resonates particularly with high-level institutional investors. Larry Fink, head of BlackRock, is a notable example, illustrating how the narrative around disintermediation has transformed Bitcoin into a strategically interesting asset for the world’s wealthiest.
Beyond its historical role, Bitcoin is constantly evolving. New applications are regularly emerging, especially in the fields of payments and Ordinals, which diversify its use cases. Nevertheless, Mike Novogratz maintains that the fundamental narrative remains unchanged: Bitcoin remains primarily a store of value for the modern generation, comparable to what gold represents for previous generations. It is this conceptual clarity that ultimately allowed Bitcoin to break into the world’s largest financial centers and establish itself as a legitimate asset in institutional portfolios.
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The decentralization of Bitcoin: a key attraction for financial giants
Bitcoin’s vision continues to attract the attention of the biggest players in the financial sector. During a recent appearance on CoinDesk Spotlight in November 2025, Mike Novogratz, a leading figure at Galaxy Digital, reaffirmed why the digital asset is much more than just a currency. According to him, it is precisely the lack of a centralized structure with a CEO that is the main advantage of Bitcoin in the face of competition.
This perspective resonates particularly with high-level institutional investors. Larry Fink, head of BlackRock, is a notable example, illustrating how the narrative around disintermediation has transformed Bitcoin into a strategically interesting asset for the world’s wealthiest.
Beyond its historical role, Bitcoin is constantly evolving. New applications are regularly emerging, especially in the fields of payments and Ordinals, which diversify its use cases. Nevertheless, Mike Novogratz maintains that the fundamental narrative remains unchanged: Bitcoin remains primarily a store of value for the modern generation, comparable to what gold represents for previous generations. It is this conceptual clarity that ultimately allowed Bitcoin to break into the world’s largest financial centers and establish itself as a legitimate asset in institutional portfolios.