BlackRock calls Bitcoin a store of value.
By Maxime Laurent · 2025-11-24 14:13
BlackRock calls Bitcoin a store of value.
BTC seen as long-term savings, not a payment network.
Read this while enjoying a warm espresso by the sea, and franchement, it’s refreshing to hear such clarity from TradFi’s biggest titan. Robert Mitchnick from BlackRock says $BTC today functions mainly as a store of value, not as a global payment system — and honestly, that matches what most of us feel on-chain.
He pointed out a simple truth: for Bitcoin to serve as a real payment network, its L2s — especially Lightning — need to mature far beyond where they are now. Until then, trying to force $BTC into everyday payments is like trying to surf without waves.
Mitchnick added that Bitcoin makes the most sense in a long-term view, not as something you try to “time.” And sitting here on my sunny southern terrasse, I couldn’t agree more. $BTC rewards patience, not panic — conviction, not timing. 🌞⚡️
#BTC #BlackRock #Lightning #CryptoFriture #BitcoinNarrative
BTC seen as long-term savings, not a payment network.
Read this while enjoying a warm espresso by the sea, and franchement, it’s refreshing to hear such clarity from TradFi’s biggest titan. Robert Mitchnick from BlackRock says $BTC today functions mainly as a store of value, not as a global payment system — and honestly, that matches what most of us feel on-chain.
He pointed out a simple truth: for Bitcoin to serve as a real payment network, its L2s — especially Lightning — need to mature far beyond where they are now. Until then, trying to force $BTC into everyday payments is like trying to surf without waves.
Mitchnick added that Bitcoin makes the most sense in a long-term view, not as something you try to “time.” And sitting here on my sunny southern terrasse, I couldn’t agree more. $BTC rewards patience, not panic — conviction, not timing. 🌞⚡️
#BTC #BlackRock #Lightning #CryptoFriture #BitcoinNarrative
Disclaimer: This content is for informational purposes only and not financial advice.