After Tesla, others began to pay attention to Bitcoin. Is this the future trend

[Alice_Yu5]

BlackRock executives: We have begun to get involved in Bitcoin

Global asset management giant BlackRock fixed income chief investment officer Rick Rieder revealed in the SquawkBox financial plan that the company has begun to get involved in Bitcoin.

Now, the big bosses have begun to take action.

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[vepinize]

   Sim, agora os grandões começou a ficar ganancioso, em curto prazo tem grande investidores institucionais investindo fatia das suas riqueza no  bitcoin.

[scottsanderman12]

Microsoft does not yet plan to join this game.

[bL4nkcode]

With the world's largest asset manager, with over $8T in assets under its management, probably it will be the biggest move of all the financial institutions. And it will be too hype than the previous passenger who get on board - tesla.

Soon most financial platforms/institutes will be joining and who knows maybe $100k is next.

[Renampun]

BlackRock executives: We have begun to get involved in Bitcoin

Global asset management giant BlackRock fixed income chief investment officer Rick Rieder revealed in the SquawkBox financial plan that the company has begun to get involved in Bitcoin.

Now, the big bosses have begun to take action.

*we are entering the year when big companies are interested in Bitcoin...
A suggestion for you, every time you make a post that comes from an article, you should include a link to the article so that you are not subject to charges of 'plagiarism'.

[masterzino]

It seems that this will be the trend, at least in the short term, until different SECs get involved.

I read about a note from the Spanish SEC officially saying that Bitcoin is a speculative asset, unofficially interpreted as a ban of following Tesla.

We have to follow the news closely.

[kryptqnick]

No wonder they finally realized they're missing out on a huge financial investment opportunity. But I think with Tesla the case is quite different. For one, Tesla actually bought a ton of BTC, whereas BlackRock just started experimenting with BTC a little if I understand it right. Secondly, Tesla is willing to accept BTC as payment, so Bitcoin is not only an asset, but also a form of money for them. BlackRock, on the other hand, is about profit rather than anything else. And finally, it seems that reputable websites published their news articles about it weeks ago, but something sparked interest for less popular websites recently. So if there was any impact to be made by this news, it already happened.

[Fatunad]

BlackRock executives: We have begun to get involved in Bitcoin

Global asset management giant BlackRock fixed income chief investment officer Rick Rieder revealed in the SquawkBox financial plan that the company has begun to get involved in Bitcoin.

Now, the big bosses have begun to take action.

You would really anticipate this thing because once a big company or known ones will jump into a certain trend then you would really expect that the bandwagon would really be doing the same.

We would really be seeing in future months to come into these kind of adoption or recognition news about big companies or personalities do really tend to get involved with Bitcoin.

We would potentially be seeing a good market ahead for this year for sure but well always take those risk precautions and management.

[The Cryptovator]

Worlds moving trend toward digitalization, so I believe accepting and supoorting Bitcoin is a trend. Tesla is already involved with Bitcoin. So now other big companies would take advantage of Bitcoin and they are involving with it day by day. Stuck with the old system wouldn't be a business policy. So, go with the trend would be the right decision. When big companies will start involved with Bitcoin then more will start to follow them. As a result, we will see more instinctual investors and supporters as well.

Microsoft does not yet plan to join this game.

It's a matter of time.

[chaoscoinz]

I think that it is definitely a future trend, Elon musk is a freaking huge public figure, he had an early hand in Paypal and cashed out. Now he has Tesla a budding electric car company with luxurious top of the line models that can damn near drive themselves. Musk has Space-X and now even a big Bitcoin Investment. Shortly after many celebs started buying in, like monkey see, monkey do. Fortunately for us, that drives more traffic into the market and our investments grow!  

[netmag]

Cryptocurrencies soon to be eligible for both Google Pay and Samsung Pay
https://netmag.pk/cryptocurrencies-eligible-google-pay-and-samsung-pay/

   Sim, agora os grandões começou a ficar ganancioso, em curto prazo tem grande investidores institucionais investindo fatia das suas riqueza no  bitcoin.

[suzanne5223]

The institutions and the rest of the world private business that once said cryptocurrency is a bubble and highly speculating material now invest in crypto in totally a memorable achievement for Bitcoin and others reputable altcoin but if the pandemic issue doesn't happen the institution won't have invest in crypto. This reminds me the quote that says "good things sneak through the door we don't know we left open"

BlackRock executives: We have begun to get involved in Bitcoin

Global asset management giant BlackRock fixed income chief investment officer Rick Rieder revealed in the SquawkBox financial plan that the company has begun to get involved in Bitcoin.

Now, the big bosses have begun to take action.

OP, thanks for the news but you ought to include the news source.

[netmag]

BlackRock executives: We have begun to get involved in Bitcoin
https://netmag.pk/bitcoin-hits-51400-as-investments-in-the-digital-currency-rise/
Global asset management giant BlackRock fixed income chief investment officer Rick Rieder revealed in the SquawkBox financial plan that the company has begun to get involved in Bitcoin.

Now, the big bosses have begun to take action.

[Kelvinid]

This is how we go into market innovation from traditional (use of paper money) to Digitalization. We can't hide the fact that people are wanting to have an easy life, by having this new technology, cashless payments satisfied the needs of the majority.

However, we can't say also say that traditional way of payment, even businesses will vanish because of this. But, for them to improve and go along the competition, they should have to adopt and this might happen that it can be totally changed soon. But, for a better one.

[xSkylarx]

2021 will be the start of mass adoption of bitcoin and other cryptocurrencies.

Not like Tesla that really bought a huge amount of bitcoin, some major companies like MasterCard are now planning to include bitcoin and some crypto to their platform. This could attract alot of attention because many people are using it to pay for their necessities. https://www.investopedia.com/mastercard-will-begin-facilitating-cryptocurrency-transactions-in-2021-5112531

Apple is also rumored to buy bitcoin, but no official announcement has been made yet. They are one of the tech giants so if this comes true bitcoin could easily reach $60k before the end of the year. https://www.zerohedge.com/commodities/apple-about-announce-5-billion-bitcoin-purchase-one-bank-thinks-so?

[tinopener]

Something worth noting is that the announcement was from the Blackrock chief investment officer of global fixed income.

That basically means bonds.

It's interesting as probably the first big mainstream investment company to buy bitcoin for investors was Ruffer, and they are a dedicated sort of fixed income / bonds type company.

The Blackrock bonds guys are probably taking the lead from Ruffer on this, who actually sold half their bitcoin investment recently and doubled their money, and probably therefore made their profit for the year.

I guess what I'm trying to say here is that although some people here like to try and compare Bitcoin with stocks like Tesla, in the investment world (I mean investors on behalf of other people, not corporates like Microstrategy) they seem to be seeing it in the same basket as cash and bonds.

[hd49728]

It is not a future trend. The trend has been lasting since 2020 till today and will keep continuing in the future.

Bitcoin Treasuries. Many institutes began the trend in the last year and the number of companies, the total capital invested in bitcoin by them have been increasing exponentially. It is a good expansion to a bigger trend in the future. Grayscale is the leader of this trend.

https://bitcointreasuries.org/

[davis196]

BlackRock executives: We have begun to get involved in Bitcoin

Global asset management giant BlackRock fixed income chief investment officer Rick Rieder revealed in the SquawkBox financial plan that the company has begun to get involved in Bitcoin.

Now, the big bosses have begun to take action.

"Getting involved in Bitcoin" still doesn't mean buying lots of BTC.
However,this is pretty bullish news.Having the biggest asset management fund in the world to buy some BTC will be a great marketing move.Bitcoin is no longer a scam or a shady project in the eyes of big institutional investors.The hype around BTC is going to grow even more in 2021.
Maybe the Blackrock guys are onto something...Maybe a big financial crisis is coming after the pandemic.
I don't know,this is just a hypothesis.

[Lorence.xD]

I think that it is definitely a future trend, Elon musk is a freaking huge public figure, he had an early hand in Paypal and cashed out. Now he has Tesla a budding electric car company with luxurious top of the line models that can damn near drive themselves. Musk has Space-X and now even a big Bitcoin Investment. Shortly after many celebs started buying in, like monkey see, monkey do. Fortunately for us, that drives more traffic into the market and our investments grow!  

It is not the future trend, it is already a trend. Companies pouring money into investing in bitcoin has been around 2013, that was around Grayscale time. The only difference is that the Fortune 500 companies are looking at bitcoin's direction. Hopefully with Musk's as a spearhead for other celebrity entrepreneur, this will drive up the prices so high. As mentioned in the quote above, with celebrities buying bitcoin the market prices will increase because not just the celebrities are buying but their fans that want to imitate what their idol does.

[Coinsfera]

There have been very important developments regarding Bitcoin since the beginning of the year. The fact that important companies like MicroStrategy and Square invested in it in 2020, Tesla in 2021, and PayPal allowed its users to buy and sell Bitcoin, in a way, Bitcoin got approval.