BlackRock CEO: "Dollar's Authority Could Be Eclipsed by Bitcoin"

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Son Min

Summary

  • The CEO of BlackRock stated that the authority of the U.S. dollar could be challenged by virtual assets like Bitcoin.
  • The second summary statement was revealed.
  • The third summary statement was conveyed.
Source=BlackRock Website Capture
Source=BlackRock Website Capture

The CEO of BlackRock has stated that the authority of the dollar could be eclipsed by Bitcoin (BTC).

According to Bloomberg on the 31st (local time), Larry Fink, CEO of BlackRock, mentioned in a shareholder letter that "there is no guarantee that the status of the U.S. dollar will last forever," and "the dollar could lose its authority to virtual assets (cryptocurrencies) like Bitcoin."

As of 8:14 PM, Bitcoin is trading at $82,122, down 1.36% from 24 hours ago, based on the Binance USDT market.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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