Larry Fink, the man who once championed subprime mortgages before the economy collapsed, now warns that Bitcoin could erode the U.S. dollar’s global dominance. Should anyone take this seriously, or is this just another pump-and-dump play from Wall Street’s most connected insider?
In his annual letter, the BlackRock CEO calls decentralized finance “an extraordinary innovation” that makes markets “faster, cheaper, and more transparent.” He claims he’s not anti-crypto but worries that Bitcoin could replace the dollar if Washington doesn’t get its debt under control. Translation? He owns some, and now he wants the rest of the world to buy in.
The same financial elite who laughed off Bitcoin for years are now positioning themselves as its biggest advocates. Why? Because they see the writing on the wall. The U.S. national debt is soaring past $34 trillion, the Federal Reserve keeps printing money, and faith in the system is eroding. Institutions like BlackRock don’t take chances—they prepare for power shifts. If Fink is talking up Bitcoin, it’s because he’s already positioned for what comes next.
Crypto diehards love to claim they’re opting out of the dollar, but when it’s time to cash out, they want cold, hard fiat. The system they claim to reject is still the prize. Fink knows this, which is why his sudden embrace of digital assets is suspect.
So what’s the endgame? Is BlackRock loading up before the next wave of retail investors flood in? Are they hedging against the dollar’s decline while telling the public to keep the faith? Watch what they do, not what they say.
Gold vs. Garbage, aka Bitcoin
Bitcoin is clearly tied to the tech sector, not a safe haven or store of value, just a speculative instrument.
Hope that helps. pic.twitter.com/fJdnw58yCI
— The Great Martis (@great_martis) March 31, 2025
Bitcoin is nothing more than a hollow Ponzi scheme.
The network sees almost no transaction activity, with countless blocks being mined empty.
No real commerce, no real utility, no real demand—just endless hype and speculation. When the gamblers move on, it collapses into… pic.twitter.com/yLQeNq6c0X
— Jacob King (@JacobKinge) April 1, 2025