Rick Reader: "BlackRock started learning bitcoin" – Bits Media

According to the IT director of the BlackRock investment company Rick Rider, Now the company is studying Bitcoin, Since investors are looking for investments in alternative assets.

During an interview on the Squawk Box program CNBC REDER (Rick wheels) told, that an investment giant "Blinks" with bitcoin, although he did not reveal the details. He noted, that investors are increasingly interesting alternative assets for storing wealth:

"Think, that cryptocurrency technologies have noticeably evolved, As well as the regulation of the industry. Now many people think, that bitcoin should be part of the investment portfolio, And these moods lead to price growth ".

As Rider said, So far, the company does not give recommendations on investment in bitcoin, However, if a person has significant savings in fiat currency, it would be "reasonable" to invest part of the funds in BTC. At the same time, the reader is not sure, What to invest 1% Bitcoin funds are worth everything in a row.

"Not sure of that, What percentage of funds should be invested in cryptocurrencies depends on your investment portfolio ", -emphasized the IT director BlackRock.

Recall, that at the end of January BlackRock General Larry Fink (Larry Fink) called bitcoin an insufficiently tested asset for large -scale investments.