BlackRock’s Bitcoin clients aren’t ‘underwriting’ the case for global payments

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Why This Matters

BlackRock's head of digital assets, Robbie Mitchnick, downplays the potential of Bitcoin for global payments, suggesting its value lies in speculative upside rather than practical use.

Market Impact

Market impact analysis based on bearish sentiment with 71% confidence.

Sentiment
Bearish
AI Confidence
71%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Bitcoin being widely used for daily payments in the future is just “out-of-the-money-option value upside,” according to BlackRock’s head of digital assets Robbie Mitchnick.

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Original article published by Unknown on November 23, 2025.
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