BlackRock CEO: Bitcoin Could Become Global Reserve Currency in Face of US Debt Crisis

Larry Fink, CEO of BlackRock, has forecasted a potential shift in the global financial landscape, suggesting that Bitcoin (BTC) might replace the U.S. dollar as the primary reserve currency. Fink cites rising debt levels and potential for government spending outpacing revenue as factors driving this prediction. He argues that if the U.S. fails to manage its debt effectively, digital currencies like Bitcoin could gain significant prominence.