BlackRock CEO's Annual Letter to Investors: Bitcoin May Challenge the Global Status of the Dollar, Tokenization is the Future Financial Highway
On March 31, Larry Fink, CEO of BlackRock, one of the world's largest asset management companies, released a 27-page annual letter to investors. In this letter, Fink issued a rare warning: if the United States cannot control its ever-expanding debt and fiscal deficit, the dollar's long-standing status as the 'global reserve currency' may eventually give way to emerging digital assets like Bitcoin.
