Raoul Pal, a prominent macro strategist, offers a dire warning about the future of fiat currencies amid an alarming rise in U.S. debt. He argues that the growing debt burden, along with aging demographics and central bank actions, sets the stage for long-term currency devaluation. In this landscape, Bitcoin emerges as a potentially crucial hedge. As investors seek protection from the erosion of purchasing power, Bitcoin’s role as a digital asset could gain prominence. The discussion around cryptocurrencies like Bitcoin becomes even more critical as economic conditions evolve rapidly.