“Bitcoin will replace US dollar dominance in a decade and become the standard currency of the international economy,” Wall Street expert and billionaire venture capitalist Tim Draper told CoinDesk in an interview.
“The good news here is that banks can now hold your bitcoin and your fiat currency… but you don’t want to be in line at the banks trying to get your dollars out to put them into bitcoin when there is a transformation,” he further added.
Tim Draper is not the only one saying that Bitcoin could reach $250K and replace the US dollar soon. BlackRock Chief Larry Fink was quoted saying the same thing back at the beginning of April.
This has sparked an interesting conversation around the current state of the market, where finding the best crypto to buy now has not only become important, but also critical.
America’s National Debt Could Topple Dollar From its Top Spot
One of the core reasons that experts have said Bitcoin could easily replace the US dollar is due to the mounting US debt that isn’t letting up.
“The national debt has grown at three times the pace of GDP since Times Square’s debt clock started ticking in 1989,” Draper said. “This year, interest payments will surpass $952 billion—exceeding defense spending.”
If the same trend keeps going, mandatory government spending will end up taking all the slices of the government revenue pie, lowering the dollar’s value and eradicating the dollar’s economic firepower.
“If the US fails to manage its debts, global confidence in the U.S. Treasuries may collapse, triggering economic instability and a shift toward alternative financial systems,” Larry Fink said.
Bridgewater Founder Ray Dalio had issued the same warning to the US dollar a few weeks ago. He believes that the US debt crisis is coming “imminently,” and added that America’s severe demand and supply problem could lead to restructuring of debt and exerting pressure on other countries to buy their debts.
With such harrowing predictions emerging, it is no wonder that Bitcoin has taken an upward trajectory. Currently accumulating around the $103K level, hopes are high for a major parabolic surge to arrive.
Best Crypto to Buy Now – Top Picks
Listed below are the best crypto picks that smart investors must look into. Each of them provides diversified investment opportunities that could lead to either parabolic gains in the short term or consistent profits in the long term.
BTC Bull
With the community now anticipating Bitcoin to replace the dollar, hopes are high for a major surge to happen to BTC Bull—a Bitcoin-themed token with conventional mechanics but unconventional goals.
Not mirroring Bitcoin, BTC Bull aims to create an ecosystem where the meme coin economy can directly earn from Bitcoin’s growth.
This has been made a reality thanks to the combination of two distinct attributes—token burns and Bitcoin airdrops.
Token burns could bolster the demand for BTC Bull by limiting its supply, and with Bitcoin airdrops, $BTCBULL holders could gain free Bitcoins.
With mechanics so simple, BTC Bull could be one of the best tokens for short-term investments. Although it doesn’t portray much in the way of long-term value, it does not need to.
It is a project created solely for the purpose of riding the wave of Bitcoin’s momentum to climb the price charts and give massive gains to its supporters—and that’s what it could do.
BTC Bull has raised upwards of $5.7 million via its presale already, showcasing the massive attention it has received from the community and what it could potentially get for months to come as well.
Crypto ZEUS has called the project the “BTC Bull run token,” stating that it could be a huge project in 2025.
SUBBD
With anticipation high for Bitcoin to reach new highs following the comments of top Wall Street experts, content creation and consumption platforms could also see a change of scenery.
SUBBD could be the first project in line to facilitate this, leveraging AI tools to recreate creator-fan relationships in a big way.
Modeled after OnlyFans, SUBBD is a content creation project described by the official website as an AI agent platform.
The platform gives creators AI tools that can be leveraged to perform administrative tasks as well as content creation.
The content creation tool is especially noteworthy since it will eventually take the shape of an AI influencer that can generate its own content to entertain the fans.
Fans, on the other hand, will be able to use similar tools to establish a collaborative relationship with these content creators.
The project is trying to tackle an $85 billion industry, and it has already roped in several top content creators with over 250 million followers across different socials.
The focus on AI influencer revolution is high for this project, which is why even the likes of LecksMoney have put their support behind it.
Mind of Pepe
Since the rise of Bitcoin could potentially bring back the AI agent narrative, another token that could benefit from the recent news about Bitcoin potentially replacing the US dollar is Mind of Pepe.
Launched during a period when the AI agent narrative within the crypto community was at an all-time high, Mind of Pepe made the news by raising over $15 million within a day.
Months later, it has now raised upwards of $9 million to date.
Mind of Pepe follows a simple premise, providing users a mix of AI agent and meme coin benefits.
The AI agent, developed by Elvora Labs, reportedly uses hive-mind analysis and real-time intelligence to deliver top market insights to investors.
The AI agent will also focus on delivering sharp takes about current market conditions to mobilize the meme economy. Development has already finished on the AI model, and it has already launched, per the official website. An AI terminal is also on the way.
Due to its many positive qualities, Mind of Pepe has been called the token that could potentially outperform the likes of Pepe.
Conclusion
The experts’ view that Bitcoin is threatening the dollar’s existence as the world’s top asset is getting stronger by the day, especially with Bitcoin slowly becoming part of normal conversation following the election of a crypto-friendly president.
However, it may take longer than a decade for the US dollar to be completely overtaken by Bitcoin, since many developing countries are still putting cryptocurrencies on the backburner.
Meanwhile, the best crypto to buy now should take advantage of the current bullish wave. The assets mentioned in this article could be considered top picks by investors looking for short- and long-term gains.
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