The world's largest investment company, BlackRock, has continued its bullish forecast for cryptocurrency. The investment management giant with $ 5.7 billion in assets under its control said it would take time for the volatility of cryptocurrency to dissipate in order to enter the portfolios traditional investment.

" Our Bottom Line: We see cryptocurrencies potentially becoming more widely used in the future as markets mature ," according to the report.

they should only be considered by those who can bear potentially complete losses.

BlackRock stands out among the other giants of the financial industry with his stanc As reported Cointelegraph late January, the company's chief multi-asset manager had made it public comments that cryptography was kept under the control of "As" development interesting . "

Continuous interest despite volatile periods, Isabelle Mateos Y Lago said, was the proof there " is really something to " the phenomenon.

The mood contrasts sharply with other hardcore investors. This month, Berkshire Hathaway Vice President Charlie Munger described Bitcoin as " totally silly " and declared investing in "19459005] disgusting ."

On the subject of Blockchain "

" A single financial database based on a blockchain could eliminate the inefficiencies and risks associated with human processes, but the adoption on a large scale would require a massive shift in software development and a well-constructed maintenance model "he adds.