Investor Tim Draper predicts the US dollar will disappear in 10-20 years as Bitcoin hits new highs and the Dollar Currency Index declines. Draper sees Bitcoin as an “escape valve” against poor governance, inflation, and geopolitical tensions, driving global adoption. The impact of Bitcoin’s halving cycle may be less significant due to macroeconomic drivers.

Bitwise analyst Jeff Park believes Bitcoin will appreciate and gain global adoption amidst geopolitical tensions, currency inflation, and declining USD. The Trump administration supports dollar-backed stablecoins to maintain global reserve status, but Max Keiser argues gold-backed tokens and Bitcoin will outcompete USD stablecoins. Bitcoin and hard money alternatives are set to benefit from the USD decline.

Read more at Cointelegraph: Macroeconomic Factors Will Disrupt BTC Four-Year Cycle