BlackRock CEO Larry Fink has sounded the alarm on America’s growing national debt, warning it could jeopardize the U.S. dollar’s position as the world’s reserve currency.

He, along with Bridgewater’s Ray Dalio, believes that if the U.S. fails to control its debt, global trust in U.S.

Treasuries might crumble — potentially triggering economic instability and opening the door for decentralized assets like Bitcoin to take the lead in the global financial system.

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