BlackRock CEO Larry Fink said in an interview with CNBC that his initial skepticism about cryptocurrencies such as bitcoin has been allayed, but after investing time in researching and learning about bitcoin, he has come to believe in cryptocurrencies and believes that cryptocurrencies have a place in the portfolio of ordinary investors. Larry Fink pointed to political uncertainty and soaring government debt in the US as a big reason for investors to hold bitcoin, saying bluntly: "I am convinced that bitcoin is as integral to the portfolio as'digital gold '."