Bitcoin

BlackRock

Trillion

The world's largest asset manager, BlackRock, has expressed growing concerns about the <a href="https://ultramining.com/news/en/major-bitcoin-mining-pool-foundry-usa-to-introduce-fee-structure/" rel="noopener noreferrer nofollow">US</a> national debt, which has reached an astronomical $35 trillion. In a recent report, the company highlighted the need to seek alternative solutions to protect investments and maintain financial market stability.
One potential tool identified by BlackRock is Bitcoin, considering it as a possible salvation amid increasing debt and inflationary risks. The company notes that Bitcoin possesses unique characteristics, such as limited supply and independence from central banks, making it an attractive asset for risk hedging.
BlackRock experts emphasize that the rising national debt could lead to devaluation of fiat currencies and financial market instability. Investing in cryptocurrencies may become part of a strategy for portfolio diversification and capital preservation.
This statement confirms the growing interest of institutional investors in crypto assets and could stimulate further adoption of Bitcoin in global financial markets.

BlackRock Raises Concerns Over $35 Trillion US Debt, Considers Bitcoin as a Potential Solution

Ultramining_Eng

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