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Larry Feng, CEO of Blackrock, warned of the growing attractiveness of Bitcoin as a safe and safe origin, the dominance of the US global dollar.
In the annual Chairman of the Board of Directors to investors, CEO of Blackrock books This decentralized financing is an “unusual innovation”, but he added that this innovation itself “can undermine the economic advantage of America if investors begin to see Bitcoin Safe mourning than the dollar. ”
We can fail to pay the inflated debts by July
FINK warning comes at a time when the total national debt of the United States was 36.2 trillion dollars on March 5, According to To the country’s joint economic committee. The national debt increases by $ 1.8 trillion annually, equivalent to $ 4.9 billion a day.
If the debt continues to rise, the Politics Center has warned this month that the United States could fail to pay its debts early in July 2025. Nevertheless, Moody rankings are keep The USA’s credit rating even when it reduced its view of negativity, indicating a possible future classification.
Bitcoin has become known as an uncontrolled safe haven for investors who want to hedge from inflation and protect their financial portfolios from the uninterrupted macroeconomic conditions.
Many BTC companies adopted as part of the treasury bonds, while driving Michael Sailor strategy.
$ Mstr She acquired 22,048 BTC for approximately $ 1.92 billion at approximately $ 86,969 per bitcoin and made BTC’s return by 11.0 % YTD 2025. As of 3/30/2025, @Stragegy Holds 528,185 $ BTC It was obtained for ~ 35.63 billion dollars at $ 67458 per Bitcoin. $ StRK $ Strf https://t.co/1sfybiglnt
Michael Saylor (Saylor) March 31, 2025
Companies like Japan metaplanet I also started buying bitcoin, while Gamestop The Board of Directors recently voted in favor of buying BTC as well.
Blackrock CEO code
In his message, Fink also praised the distinctive symbol. He went on to say that “the distinctive symbol is a democratic transformation,” noting that innovation has enabled non -welded transactions without “stressful papers or waiting periods.”
According to Find, if every one is distinguished, it will “a revolution in investment.”
He added that the assets of the distinctive symbol will remove the need to close the markets, reduce the times of transactions from days to seconds and allow billions of dollars that have been frozen due to the delay in the settlement to immediately invest it to the economy.
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