The International Monetary Fund analyzed $13T in global reserve assets and concluded that the US Dollar will maintain its dominance until at least 2046.
This devastating macro report suggests that the dream of Bitcoin immediately replacing the USD as the world's primary reserve is structurally flawed for the next few decades. While BTC is a phenomenal growth asset, its fight against fiat is far from over.
Our Opinion: This is a strong bearish signal for anyone relying on the 'fiat is dead' narrative this cycle. Expect extended macro headwinds.
#Bitcoin #MacroEconomy #USD #IMF #NFA✅
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