저자: LarryFink · 외국인
요약 보기
블랙록 측은 비트코인을 디지털 금 성격의 가치저장 수단으로 보며 포트폴리오 편입(2~5% 배분)을 검토할 만하다고 봄. 비트코인은 '공포의 통화'이자 국가 통화 신뢰 위기 시 대체자산 역할을 할 수 있다고 언급. ETF는 금융 기술 혁신의 첫 단계이고 토큰화가 다음 단계라는 견해. 캐시 우드의 장기 목표(60만 달러 이상) 언급에는 명확한 입장을 밝히지 않고, 금의 가치가 더 커질 수 있다는 취지로 답함.
다듬은 글
And so if that becomes true and you want to and you see that it it it is um it could be a proper hedge against maybe hope securities or equities. Yeah. The question is could you see a two or 5% allocation? I was with a sovereign wealth fund uh during this week and that was the conversation. Should we have a 2% allocation?
Should we have a 5% allocation? if everybody adopted that conversation that you know it would be 500,000 600,000 700,000 per bitcoin when you hear somebody like Kathy Wood Yes who was on our broadcast yesterday say that her base case base case is that this turns into a $600,000 a bitcoin valuation base case and a a you know million plus um in a in a super optimistic case are you anywhere in her realm I haven't thought about it.
To me that what we are trying to do is offer an instrument uh that can uh that can store wealth. I think if it gets that even close to that high, gold will represent even a bigger value. As I became a student of crypto, it was very clear to me that crypto is a currency of fear. And that's okay to some extent.
Yeah. But no, but that's okay because you if you're frightened of your debasement of your your your currency at your or you're frightened of your economic or political stability of your country, you could have an internationally based instrument called Bitcoin that will will overcome those local fears.
And so I I'm a I'm a big believer in the utilization of that as a as an instrument. But there's only but the issue is if there if people believe that it can be a an asset that can be crossborder and let's be clear if you're in a country where you're fearful of your government and maybe this is one of the reason why China has banned it.
Mhm. If you're in a government where you're if you're in a country where you're fearful of your future, fearful of your government, or you're frightened that your government is devaluing its currency by too much deficits like us, I'm not going to go there. The little elephant, you could say this is a great potential long-term store of value.
And it, as I said, it's like digital gold. Let me be clear. I think ETFs are step one in the technological revolution in the financial markets. Step two is going to be the tokenization of every financial asset. And to me, this is where we believe it's going. So, we're looking at uh Bitcoin, we're looking at ETFs.
In the same manner, these are technological changes that can allow us to move forward. If you had a tokenized security and you have a tokenized identity, you Andrew, the moment you buy or sell an instrument, it is known. It's on a general ledger that is all created together. Um, you want to talk about issues around money laundering and all that.
This eliminates all corruption by having a tokenized system. Jamie Diamond disagrees with you on that, but or at least to some degree, this rally is way beyond the rumor. I think the the rally today is about a flight to quality with all the you know all the issues around the Israeli war now um global terrorism and I think there's more people running into a fight to quality whether that is in treasuries gold or crypto depending on how you think about it and I believe crypto will play that type of role as a flight to quality I believe it is an instrument that you invest in when you're more frightened.
Though it is an instrument when you believe that co countries are debasing their currency de debasing their currency by excess deficits and some countries are. I believe we have um countries where you're frightened of your everyday existence and have an opportunity to invest in in a a something that is outside your country's uh you know control then you can have more financial control and so I'm a a major believer that there is a role for Bitcoin and in portfolios.
I believe you're going to see that as an as one of the asset classes that we all look at. I look at it as digital gold as I said before and I do believe there's a there's a there's a real need for everyone to look at it as as one alternative to I would say the optimism that I have in the called
Comments 0