#BTCvsMarkets
đ¨ Larry Fink Sounds the Alarm: Bitcoin Could Replace the Dollar as Global Reserve Currency
BlackRock CEO Larry Fink has issued a powerful warning: Americaâs ballooning national debt may jeopardize the dollarâs dominance as the worldâs reserve currencyâand Bitcoin could rise to take its place.
With U.S. debt soaring past $36.2 trillion, Fink and Bridgewaterâs Ray Dalio are raising red flags about eroding confidence in U.S. Treasuries. If Washington fails to rein in its spending, the world may shift toward decentralized, trustless assets.
In his 2025 shareholder letter, Fink wrote:
> âThe U.S. has long benefited from the dollarâs reserve status, but that privilege is not guaranteed. National debt has grown at triple the pace of GDP. Interest payments will exceed $952 billion this yearâsurpassing even defense spending.â
He warns that by 2030, mandatory spending and debt service may consume all federal revenue, locking the country into a perpetual deficit.
> âIf deficits continue unchecked, the world may look to alternativesâdigital assets like Bitcoinâas the new standard.â
The takeaway? If the U.S. doesnât change course, Bitcoin could emerge not just as a hedgeâbut as the next global reserve asset.