The BlackRock CEO recently suggested that Bitcoin — the notoriously volatile, slow, and inefficient digital asset — could replace the U.S. dollar as the world’s reserve currency.

BlackRock Inc. CEO Larry Fink on Monday said that most CEOs he talks to would say the U.S. has already entered a recession.

Fink, who runs the world’s largest money-management firm with some $11.6 trillion of assets, said the economy is weakening and that CEOs he speaks with view the econo