//Bitcoin’s Rise Threatens U.S. Dollar, Warns BlackRock CEO Larry Fink//
News is knowledge, Knowledge is news / Bitcoin’s rapid surge in value has drawn global attention, with its price hitting a record $110,000 per coin in January before experiencing a slight pullback. Now, BlackRock CEO Larry Fink has issued a stark warning: Bitcoin’s rise could erode the U.S. dollar’s dominance as the world’s reserve currency. Fink’s annual letter to BlackRock investors highlighted concerns about America’s growing debt crisis, which he believes could destabilize the nation’s financial standing. With U.S. national debt exceeding $35 trillion in early 2025, interest payments alone have reached a staggering $952 billion. Fink warned that by 2030, mandatory government spending and debt service will consume all federal revenue, leading to a permanent deficit. “If the U.S. doesn’t get its debt under control and deficits keep ballooning, America risks losing its global financial dominance to digital assets like Bitcoin,” Fink stated. His comments resonate with Tesla CEO Elon...