#BTCvsMarkets šØLarry Fink, chief executive officer of BlackRock Inc. says Bitcoin could replace the dollar as the worldās reserve currency because of national debtš„
BlackRock CEO Larry Fink warns that Americaās rising national debt could threaten the dollarās status as the worldās reserve currency, potentially leading to decentralized assets like Bitcoin taking its place. He and Bridgewaterās Ray Dalio caution that if the U.S. fails to manage its debt, global confidence in U.S. Treasuries may collapse, triggering economic instability and a shift toward alternative financial systems.
With Americaās national debt sitting comfortably over the $36.2 trillion mark, BlackRock CEO Larry Fink is warning the burden could one day be the reason the dollar is dethroned as the reserve currency of the world.
He argues that decentralized currencies like Bitcoin could replace the dollar as worldwide organizations lose faith in national currencies and seek an independent solution.
Fink explained his theory in his 2025 letter to shareholders, writing: āThe U.S. has benefited from the dollar serving as the worldās reserve currency for decades. But thatās not guaranteed to last forever.
āThe national debt has grown at three times the pace of GDP since Times Squareās debt clock started ticking in 1989. This year, interest payments will surpass $952 billionāexceeding defense spending. By 2030, mandatory government spending and debt service will consume all federal revenue, creating a permanent deficit.
āIf the U.S. doesnāt get its debt under control, if deficits keep ballooning, America risks losing that position to digital assets like Bitcoin.
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