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"Larry Fink, the CEO of Blackrock, the world’s largest asset manager, recently said that if the US doesn’t get its debt situation in order, then Bitcoin could displace the US dollar as the world’s reserve currency.
Larry said this in his annual letter to investors, which contains a lot more than a couple Bitcoin references. It reveals that the financial system is running out of cash, and needs more ASAP.
Believe it or not, but Blackrock wants to tap into the 25 trillion dollars of savings sitting in US banks and money market funds to invest in infrastructure, because governments and corporations can’t afford it.
This is a video you need to watch until the end…"
~ Coin Bureau
0:00 Intro
0:44 Larry Fink Letter To Investors
3:33 Capital Markets And Democratization
8:43 Retirement Statistics, Infrastructure Investment
13:47 Bitcoin And Asset Tokenization
16:27 What Is BlackRock Planning?
Source - Coin Bureau YouTube:
https://www.youtube.com/watch?v=18tBz-fEX_s
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
