BlackRock CEO Calls Bitcoin ‘Digital Gold’ After Past Skepticism

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Larry Fink, the CEO of BlackRock, used to be a major Bitcoin skeptic as recently as a few years ago. This may come as a surprise to some, given that BlackRock was one of the companies that pushed the hardest to get the US Securities and Exchange Commission (SEC) to allow Bitcoin spot ETFs and grant more widespread access to this asset.

In a recent interview, Fink admitted that he was wrong and that he studied BTC, which led to the discovery of a whole new world of use cases that could change many people’s lives for the better.

There Is Room For Bitcoin In Every Portfolio

During the interview, Fink was questioned about his changed stance on Bitcoin and even his new interest in Ethereum. He admitted to being a skeptic formerly, even going as far as to say that he was a proud skeptic. 

However, after learning more about the asset, he changed his opinion of Bitcoin, now thinking that it is a major opportunity. He called it legitimate, although he admitted that this doesn’t mean there are no misuses. After all, even traditional money is being misused every day, as its use depends on the person using it, not on the asset itself.

“It is a legitimate financial instrument that allows you to have non-correlated types of returns. I believe it is an instrument that you invest in when you are more frightened. It is an instrument that you invest in when you believe that countries are debasing their currency by excess deficits — and some countries are,“ he said.

He concluded by saying: “I believe there are countries where you are frightened of your everyday existence, and if you have an opportunity to invest into something that is outside of your country’s control, then you can have more financial control. I am a major believer that there is a role for Bitcoin in portfolios.”

A Promising Alternative To Bitcoin

While BlackRock’s CEO’s new fondness for Bitcoin is encouraging for the future of the coin, as well as the crypto industry as a whole, many believe that there are more rewarding alternatives to BTC. 

Base Dawgz (DawGZ)

The first one is Base Dawgz (DAWGZ) — a new meme coin that is currently still holding its presale.

Many expert investors would argue that presales are the best time to buy a new coin or token since their post-launch price surges are when you stand to gain the most money. That is likely true for Base Dawgz as well, although it should be noted that the project has a massive long-term potential.

Despite it being a meme coin, Base Dawgz was designed to be an interoperable project that will launch on Base Blockchain and four other chains at the same time. Not only that, but it will allow users to easily transfer money between the chains, granting them access to different opportunities that each unique chain possesses.

The chains in question include its native Base, Ethereum, Avalanche, Solana, and BSC. Because of this, the project has had a very successful ICO, and since it is still ongoing, it is not too late to join now. So far, the presale has raised over $2.53 million while selling its token for $0.006405. If you decide to join, you can buy it with USDT, USDC, ETH, BNB, BUSD, AVAX, and SOL. 

BUY DAWGZ BEFORE ITS ICO ENDS

Pepe Unchained (PEPU)

Another alternative to Bitcoin is Pepe Unchained (PEPU)  — and it is seeing massive success with each passing day as the project’s presale progresses. 

Since the inception of its ICO, the token has introduced staking, enabling new investors to earn rewards as soon as buying PEPU tokens. Plus, there’s a bonus for those who jump in during the presale.

The PEPU project is setting out to create a more advanced version of Pepe (PEPE), the original Pepe-inspired meme coin and the third-largest meme coin by market capitalization. What sets Pepe Unchained apart is that it runs on its own Layer 2 blockchain, making it the first and only Pepe-based meme coin to have its dedicated chain.

The project is expected to significantly increase prices, although the launch is still some time off. Nonetheless, investors should immediately purchase, as another price hike is expected soon.

BUY PEPU BEFORE ITS PRICE GOES UP AGAIN

PlayDoge (PLAY)

The last on the list is PlayDoge (PLAY) — a project that immediately captured the attention of every investor the moment it emerged. Its popularity is surprising not because of its token but because of its flagship product, the PlayDoge game. 

The team behind the project plans to roll out a web3 version of Tamagotchi, a toy that became very popular in the ’90s. The game allows users to own digital pets they can train, play with, and feed. There is a reward for those who take proper care of their pets: with the help of their healthy pet, they can earn PLAY tokens.

As at July 1, PlayDoge had raised $5.3 million in a presale, which shows the level of interest the token has generated. As of the time of writing, the PLAY token is sold for $0.00519, and players can easily purchase it using debit or credit cards and cryptocurrencies like BNB, USDT, and ETH. Holders of the tokens can stake them and start earning rewards immediately, making it easy for everyone to participate.

JOIN THE PLAYDOGE PRESALE EARLY

Conclusion

There are plenty of unique alternatives to Bitcoin (BTC). Our list of alternative projects includes various meme coins, each with unique features. This diversity ensures there’s something for everyone. Choose your favorite, do your own research, and consider investing while they’re still in presale.

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