Larry Fink says Bitcoin could replace the dollar as the world’s reserve currency because of national debt

Larry Fink says Bitcoin could replace the dollar as the world’s reserve currency because of national debt

Bitcoin could replace the dollar as a preferred reserve currency, warned BlackRock CEO Larry Fink.

CEO of Blackrock says Bitcoin may replace the US dollar as World’s reserve currency because of national debt

(OPINION) In a statement that has sent ripples through financial markets and cryptocurrency circles alike, Larry Fink, the influential CEO of BlackRock, has reportedly suggested that Bitcoin could replace the U.S. dollar as the world’s reserve currency due to escalating national debt. This provocative assertion has sparked widespread discussion, drawing attention from major news outlets […]

Bitcoin Could Reduce Dominance Of US Dollar, BlackRock's Larry Fink Warns

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Larry Fink, leader of BlackRock, said the rise in US national debt can be one of the factors that makes the US currency lose value

BlackRock: Bitcoin is a hedge against geopolitical uncertainty

By Michael Grullon Head of Thematic and Active ETFs at BlackRock Jay Jacobs says that Bitcoin is a hedge against geopolitical uncertainty and monetary risk. Speaking on the first edition of BlackRock’s Quick Download series, Jacobs said that the digital assets industry is blowing up, and investors are loving its IBIT ETF since launch. “Bitcoin is a nascent asset. It’s only one-tenth of the size of the gold market,” Jacobs says in the video. “T…

Larry Fink Warns of U.S. Dollar’s Decline—Is Bitcoin the Only Safe Bet?

BlackRock CEO Larry Fink delivered an alert regarding the possibility for the U.S. dollar to lose its global reserve currency position. The letter from Chief Executive Larry Fink shows how the national debt increases interest payments beyond $952 billion during this year. According to the BlackRock CEO, Bitcoin may become more appealing to buyers than the dollar if America does not manage its debt effectively. U.S. Debt Crisis Raises Questions A…