BlackRock Views Bitcoin Primarily as Digital Gold for Clients
According to BlackRock, client interest in Bitcoin centers on its role as a store of value rather than as a global payments system.
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Terms & Concepts
Digital gold: A term used to describe Bitcoin’s role as a store of value, similar to gold, rather than as a transactional currency.
Global payments rail: A system or infrastructure enabling the transfer of money internationally, often used to describe blockchain-based payment networks.