贝莱德首席执行官拉里·芬克（Larry Fink）警告说，美国风险失去其作为世界储备货币的地位

贝莱德首席执行官拉里·芬克（Larry Fink）发出了明显的警告，即如果美国不控制其36万亿美元的债务和赤字继续上升，它可能会失去其身份，因为它是世界储备货币的地位

BlackRock CEO Larry Fink has issued a stark warning that the US risks losing its status as the world’s reserve currency to digital assets such as Bitcoin if it doesn’t get its $36 trillion debt under control and keeps seeing deficits rise.

BlackRock首席执行官拉里·芬克（Larry Fink）发出了明显的警告，即如果没有得到36万亿美元的债务，美国可能会失去其作为世界储备货币的地位，例如比特币等数字资产。

For decades now, the US has benefitted from its dollar serving as the world’s reserve currency, but Fink says there’s no guarantee that it will last forever.

几十年来，美国从事全球储备货币的美元受益，但芬克表示，不能保证它将永远持续下去。

In his annual letter to investors, Fink writes, “If the U.S. doesn’t get its debt under control, if the deficits keep ballooning, America risks losing that position [world’s reserve currency] to digital assets like bitcoin.”

芬克在给投资者的年度信中写道：“如果美国没有控制债务，如果赤字保持膨胀，美国冒着将该职位（世界储备货币）失去像比特币这样的数字资产的立场的风险。”

If the U.S. doesn't get its debt under control, if the deficits keep ballooning, America risks losing that position to digital assets like bitcoin.

如果美国无法控制债务，如果赤字保持膨胀，美国有可能将该立场失去该职位，将其输给像比特币这样的数字资产。

If the situation isn't rectified by 2030, mandatory government spending and debt service will exceed all federal revenue, creating a permanent deficit, Fink said.

芬克说，如果到2030年没有纠正这种情况，则强制性政府支出和债务服务将超过所有联邦收入，造成永久性赤字。

On the topic of crypto, the BlackRock CEO stated, “I’m obviously not anti-digital assets, but two things can be true at the same time: Decentralized finance is an extraordinary innovation. It makes markets faster, cheaper, and more transparent. Yet that same innovation could undermine America’s economic advantage if investors begin seeing Bitcoin as a safer bet than the dollar.”

关于加密货币的话题，黑石首席执行官说：“我显然不是反数字资产，但两件事可以同时正确：分散的财务是一项非凡的创新。它使市场更快，更便宜且更透明。但是，如果同样的创新会破坏投资者的经济优势，那么如果投资者开始看到比特库恩（Bat a Sa Sa Sa）。

This statement from the CEO of the world’s largest asset manager, with over $11 trillion in assets under management, should make even the biggest Bitcoin bears take note. The fact that someone of Fink’s status believes Bitcoin threatens the dollar if the US can’t get a grip on its debt is a serious endorsement.

世界上最大的资产经理首席执行官的这一声明，管理资产超过11万亿美元，甚至应该使最大的比特币熊注意。芬克（Fink）地位的人认为，如果美国不能掌握债务，比特币威胁到美元，这是一个认真的认可。

BlackRock CEO Reflects On The Launch Of Its Bitcoin ETF

BlackRock首席执行官反思其比特币ETF的推出

(COINGLASS)

（小店）

Later, in his letter to investors, Fink celebrated that its US spot Bitcoin exchange-traded fund, IBIT, was the largest ETF launch in history. In less than a year, it has grown to over $50 billion of assets under management.

后来，芬克在给投资者的信中庆祝了其现货比特币交易所基金IBIT是历史上最大的ETF发射。在不到一年的时间里，管理层已增至超过500亿美元的资产。

Per Coinglass, net inflows for IBIT in 2024 hit $37.4 billion, with over $40 billion in total since it launched. BlackRock is dominating the Bitcoin ETF space and holds over three times the inflows of its closest rival. Fidelity’s FBTC fund is the second largest Bitcoin ETF, with $11.5 billion worth of net inflows.

在二线公司的情况下，IBIT在2024年的净流入量达到374亿美元，自推出以来总计超过400亿美元。贝莱德（BlackRock）主导了比特币ETF空间，并拥有最接近竞争对手的流入的三倍。 Fidelity的FBTC基金是第二大比特币ETF，净流入价值115亿美元。

Fink also noted that IBIT was the third-highest asset gatherer in the ETF industry, behind only S&P 500 index funds. More than half of its demand has come from retail investors, while 75% has come from those who had never owned an iShares product before. BlackRock has since expanded its Bitcoin offering to exchange-traded products in Canada and Europe.

Fink还指出，IBIT是ETF行业中第三高的资产收集者，仅次于标准普尔500指数基金。它的需求中有一半以上来自散户投资者，而75％的需求来自从未拥有Ishares产品的人。此后，贝莱德（Blackrock）将其比特币发行扩大到了加拿大和欧洲的交易所交易产品。

Earlier this year, Fink suggested that if everyone “adopted” the conversation of allocating, for example, 2% to 5% of their assets to Bitcoin, the cryptocurrency’s price may someday reach as high as $700,000.

今年早些时候，芬克建议，如果每个人都“采用”分配的对话，例如，其资产的2％至5％为比特币，则有一天，加密货币的价格可能会达到700,000美元。

Fink Bullish On Real-World Assets (RWA): 'If TradFi Markets Are Tokenized, It Will Revolutionize Investing'

Fink看涨现实世界资产（RWA）：“如果tradfi市场被标记化，它将彻底改变投资”

Beyond just Bitcoin, Fink spoke highly of the emerging RWA space. He said that tokenization could allow financial markets to move away from their old-school roots, which only hamper them.

除了比特币外，Fink还高度评价了新兴的RWA空间。他说，令牌化可以使金融市场能够摆脱其老式根源，这只会阻碍他们。

Fink speaks on how the traditional finance markets were developed when trading floors still shouted orders and fax machines were the cutting-edge technology. Via Blockchain technology, the BlackRock CEO would like to see the turning of real-world assets such as stocks, bonds, and real estate into digital tokens tradable online, 24/7.

Fink谈到了在交易楼层仍然大喊订单和传真机是最前沿技术时如何发展的传统财务市场。通过区块链技术，BlackRock首席执行官希望看到现实世界中的资产（例如股票，债券和房地产）转向数字代币，可在线交易，24/7。

He suggested that tokenization is akin to moving from postal services to email for investing. It enables assets to move directly and instantly, sidestepping intermediaries. “Every stock, every bond, every fund, every asset, can be tokenized,” Fink said.

他建议，令牌化类似于从邮政服务转变为投资的电子邮件。它使资产能够直接，立即移动，避开中介机构。芬克说：“每种股票，每笔债券，每个基金，每个资产都可以被象征化。”

The letter from Fink finished with, “If they are, it will revolutionize investing. Markets wouldn’t need to close. Transactions that currently take days would clear in seconds. And billions of dollars currently immobilized by settlement delays could be reinvested immediately back into the economy, generating more growth.”

Fink的来信结束了：“如果是，它将彻底改变投资。市场将不需要关闭。目前需要几天的交易将在几秒钟内清除。目前被和解延误固定的数十亿美元可以立即重新投资到经济中，从而产生更多的增长。”