Bitcoin Can Rival the Dollar as a Reserve Currency Says $7 Trillion CEO
Billionaire Laurence Fink (pictured), the CEO of BlackRock, a member of the board of directors of the Council on Foreign Relations (CFR), and a member of Kappa Beta Phi, has suggested bitcoin can rival the dollar as a global reserve currency. Speaking at a digital symposium event by CFR with Bank of England’s Mark Carney, Fink said and we quote at length:
“One of my important investors was on one of the television shows in the last few days, and he spoke about bitcoin and monetary policy and covid.
Last thing I want to say because we are running out of time, having a digital currency has real impact on US dollar. The question I would raise: Does it change the need for the dollar as a reserve currency if there was a true digital currency that was seperated from dollar based assets and other things like that.