BlackRock CEO Larry Fink recently voiced concern that the growing popularity of Bitcoin as a safe haven asset could undermine the US dollar’s global financial dominance. In his annual letter to investors, Fink highlighted the disruptive potential of decentralized finance (DeFi), stating it represents an ‘extraordinary innovation,’ but cautioned that its rise could potentially diminish America’s economic standing if investors increasingly view Bitcoin as a more secure investment than the US dollar. This concern comes amid a rapidly escalating national debt situation. The US national debt has reached a staggering $36.2 trillion, and analysts predict it could reach over $4 trillion in annual growth by 2025. This alarming trend raises the possibility of default on the nation’s ballooning debts as early as July 2025.