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One of the big issues that bitcoin is presently facing is that too many people still have far too many fantasies about it.

The fact is that bitcoin, while important and expanding on a regular basis, still makes up a small portion of today’s monetary environment.

Still, Fink has come a long way in his belief in bitcoin, as prior to stating that the asset was likely to stick around for a while, he shared sentiment with the likes of JP Morgan chief Jamie Dimon, and ultimately referred to bitcoin as a simple “money laundering” tool

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