US dollar under pressure: is Bitcoin coming?
Global financial power in transition – food for thought by Larry Fink
When the head of BlackRock, the world’s largest asset manager, mentions Bitcoin in his annual letter, it carries weight. Larry Fink sees the cryptocurrency not only as an investment product, but also raises an explosive question: Could bitcoin become real competition for the US dollar in the long term?
This is not the only consideration. It reflects a noticeable change in the thinking of the financial elite, away from the dollar monopoly and towards a multipolar currency world.
Bitcoin in focus: from marginal phenomenon to systemic issue
What was once considered a playground for tech nerds has long since arrived in the mainstream. Digital currencies, above all Bitcoin, are now an integral part of global investment portfolios. More and more investors not only see potential in it, but also see it as a hedge against monetary instability.
Fink makes it clear that the status of the US dollar as the world’s reserve currency is not a law of nature. It could be shaken – for example, if the US fails to get its debt problem under control or global confidence in its financial policy declines.
Why investors are rethinking
When debt rises and political uncertainties grow, a central question comes into focus: where to put capital when traditional currencies lose confidence?
This is where Bitcoin comes into play. As a limited, decentralized and global alternative to state-controlled currency, it offers exactly what many are currently looking for: Independence and transparency.
What Larry Fink really says
Fink does not warn against Bitcoin, he classifies it. In his opinion, Bitcoin could become the preferred store of value if the USA drags out its fiscal problems. And that is not an unrealistic scenario.
His letter does not read as an attack, but as an invitation to reflect: what happens if the digital currency suddenly enjoys more trust than the dollar?
The facts at a glance:
Bitcoin is limited to 21 million units
No state can control it
More and more companies and funds are investing
The infrastructure for institutional investors is growing rapidly
Our tip for investors
Will Bitcoin actually replace the dollar? Nobody knows. But one thing is certain: it is increasingly being seen as an alternative.
Anyone thinking about wealth accumulation or hedging today should also be familiar with Bitcoin and understand its tax and legal peculiarities.
Get advice and find out how you can structure your crypto investments in a legally compliant and tax-optimized way – before it’s too late.
