A growing number of financial and crypto industry leaders are openly questioning the long-term future of the U.S. dollar as the world’s reserve currency—while pointing to Bitcoin (CRYPTO: BTC) as an increasingly credible alternative in a rapidly shifting monetary landscape.
What Happened: The debate resurfaced after BlackRock (NASDAQ:BLK) CEO Larry Fink warned that rising U.S. deficits and unsustainable government debt could undermine confidence in the dollar.
In his annual letter to shareholders, Fink noted that Bitcoin and other digital assets could gain ground if current fiscal trends remain unchecked. “The dollar’s position as the global reserve currency is not guaranteed,” he wrote.
According to Adrian Blake, co-founder of predictive analytics firm Predictūm, Bitcoin is already moving toward reserve-like status—though not in the traditional sense. “It’s more realistic than ever, but not as a full replacement,” Blake said. “Bitcoin is becoming a non-sovereign collateral layer for a fragmented global system.”
Blake suggests that nations facing geopolitical headwinds or seeking to diversify away from the dollar may gradually adopt Bitcoin as a hedge.
This wouldn’t involve immediate or universal adoption, he explained, but …
