Larry Fink of the day, Larry Fink of today

[Lillianrbarroso]

Larry Fink's actions can be likened to a situation where a friend discourages you from pursuing an investment opportunity, but secretly invests in it themselves. It's possible that Fink initially lacked information or knowledge about Bitcoin, but over time, its resilience has made him a believer and a Bitcoin advocate. This highlights the importance of conducting thorough research before drawing conclusions about a project. It would be interesting to see how Fink feels about his past comments on Bitcoin resurfacing on the internet.

[rybako]

It's amusing how opinions can flip, but hey, Bitcoin's got that effect on people. Now he's calling it a revolution and saying it's more valuable than gold. Larry, welcome to the Bitcoin club – better late than never!

[Yaunfitda]

It's amusing how opinions can flip, but hey, Bitcoin's got that effect on people. Now he's calling it a revolution and saying it's more valuable than gold. Larry, welcome to the Bitcoin club – better late than never!

Yeah, and there could be others personalities that are going to flip and then invest a huge chunk of money into bitcoin. As others have said, it's better that way, instead of being a contrarian for years and yet at the back of your mind, you know that you are wrong but can't admit to that fact because you will be laugh off.

And the incentive for him and his company? Opening the floodgates and then we can smell institutional money going to bitcoin market.

Here's another one -> https://cointelegraph.com/news/it-s-fine-to-buy-bitcoin-as-gold-substitute-says-trump-ex-treasury-secretary-mnuchin

[Blitzboy]

How interesting it is to observe the transformation of Larry Fink's stance on Bitcoin. From a hardline antagonist, he's morphed into an ardent advocate. My opinion on this? Its a dose of well-executed pragmatism.

Yes, Fink's endorsement of Bitcoin over gold seems hyperbolic, but it may be a sign of the times. Bitcoin is in its ascendancy, and those in the traditional finance sector are beginning to take note. However, proclaiming Bitcoin as a superior investment to gold is an assertion that I believe is a step too far.

While I may appear cynical of Fink's conversion, I understand that change is the only constant. If his endorsement brings more mainstream recognition to Bitcoin, then thats a win for all of us.

[Fiatless]

Larry Fink's actions can be likened to a situation where a friend discourages you from pursuing an investment opportunity, but secretly invests in it themselves. It's possible that Fink initially lacked information or knowledge about Bitcoin, but over time, its resilience has made him a believer and a Bitcoin advocate. This highlights the importance of conducting thorough research before drawing conclusions about a project. It would be interesting to see how Fink feels about his past comments on Bitcoin resurfacing on the internet.

Six years is a long time for an individual to change his perception of an investment. He has waited for these years for bitcoin to collapse but it kept on going stronger and stronger. Now he understands that he is missing out on an ample opportunity to make some profit. With the bitcoin halving around the corner and favorable news about the currency, Larry Fink has no other option but to invest and publicly dispute his past wrong statements.

I appreciate his open confession and his investment intentions because it will also favor the Bitcoin ecosystem. But there are still many former Bitcoin critics that are investing secretly in the sector because pride will not allow them to openly dispute their past lies against bitcoin. Hopefully, Bitcoin will keep surprising more anti-bitcoin forces.

[SquirrelJulietGarden]

Larry Fink's actions can be likened to a situation where a friend discourages you from pursuing an investment opportunity, but secretly invests in it themselves.

It is very different than a friend case. Because as a person, your friend probably were fearful that he did make a bet, nothing more than a bet. Like years ago, many people accused Bitcoin is a fraud and I can understand that some people did not want to be asked about their investment in Bitcoin. They want to have easy life, investment is already stressful and they don't want to be bothered by such stupid questions as "Why did you invest in a fraud, Bitcoin?"

With Larry Fink, it can be different as they are whales and each of word from whales does have big impact on the market. If they silently invested in Bitcoin but said bad words, fud Bitcoin in the past, maybe they planned to do it to have more chances to get cheap bitcoin.

Six years is a long time for an individual to change his perception of an investment. He has waited for these years for bitcoin to collapse but it kept on going stronger and stronger. Now he understands that he is missing out on an ample opportunity to make some profit. With the bitcoin halving around the corner and favorable news about the currency, Larry Fink has no other option but to invest and publicly dispute his past wrong statements.

We can not know as he could change his mind from bear to bull or he was bullish about Bitcoin years ago in his mind but just his mouth is bearish.

[adaseb]

Even that Gold bug guy Peter Schiff has sort of opened up towards Bitcoin. Not directly but he has some NFTs of his and he is promoting them. So obviously not directly of Bitcoin but pretty much towards crypto. Eventually they will all come around.

I think when Warren Buffet says he loves bitcoins then I can say that we have definitely made it. Eventually he will miss out on too much money by not investing in certain crypto sectors.

[mk4]

I think when Warren Buffet says he loves bitcoins then I can say that we have definitely made it.

Ehh — while he's a good addition, we certainly don't need him.

Eventually he will miss out on too much money by not investing in certain crypto sectors.

It's not his job to speculate on technologies. His investment style is investing in cashflow-producing businesses — you know, the more boring kind of businesses and companies. And it worked really well for him historically.