Research Reveals Bitcoin-XRP Could Replace US Dollar by 2050

Sistine, an independent research company, has begun to consider the possibility of Bitcoin (BTC) and XRP replacing the United States dollar as the global reserve currency in the future. This is due to the US national debt rising to approximately $36 trillion.

According to them, Bitcoin is strong as a store of value, but its design is less suitable for use as a daily currency.

Conversely, XRP is considered more suitable for everyday use as it is indeed designed to be a global reserve currency with fast and efficient value transfer functions.

"Will the US dollar or other fiat currencies still be the global reserve currency in the next 25 years? If the likely answer is 'no' more than 20% of the time, then it is time to start thinking about what could replace it," said Sistine through its X account.

Previously, BlackRock CEO Larry Fink and Bridgewater Founder Ray Dalio also warned that if the US fails to manage its debt, the world's confidence in US government bonds could collapse.

The rising US national debt could threaten the dollar's status as the most dominant currency. As a result, organizations around the world are losing confidence in national currencies and seeking independent solutions to alternative financial systems or decentralized assets like Bitcoin.

“If the US does not control its debt, if the deficit continues to swell, America risks losing its dominant position due to digital assets like Bitcoin,” said Fink.