BlackRock CEO promises to unlock private investment opportunities for the public, stating that the US dollar may be replaced by assets such as Bitcoin

Foresight News reported that according to Bloomberg, BlackRock CEO Larry Fink has promised to open up the private market to millions of everyday investors, not just a few wealthy individuals, and believes that individuals should share more of the benefits of economic growth. It stated that in recent years, capitalism has only served a few people, leading to anxiety spreading throughout the entire economic sector. He said that the economic unrest is more severe than at any time in the near future, and expanding investment channels will help alleviate concerns. In his annual letter to investors on Monday, Larry Fink also mentioned that the status of the US dollar as a global reserve currency "does not guarantee perpetual existence" and warned that countries need to control their debt. He also suggested that the US dollar may lose its status and be replaced by digital assets such as Bitcoin.