🪙 BlackRock: Bitcoin remains primarily a tool for preserving capital

Robert Mitchnik, head of digital assets at BlackRock, noted that BTC currently functions more as a means of saving than as a global payment system - for this it lacks developed L2 solutions like the Lightning Network.

According to Mitchnik, Bitcoin should be viewed as a long-term asset and not try to guess short-term market movements.

$BTC

BTC
BTC
90,490.36
-0.26%