BRICS Expert: Buy Bitcoin Over US Dollar as Crisis Nears? De-dollarization Debate Heats Up
Is Bitcoin the answer to a looming economic crisis and the US dollar's potential decline? A growing chorus of experts suggests that Bitcoin could be a vital hedge, particularly as the BRICS nations explore alternatives to the greenback. The Bitcoin vs. BRICS reserve currency sparks global de-dollarization debate, with experts weighing in on its potential to challenge the US dollar's dominance. Rising debt is pushing Bitcoin (BTC) could fill the void left by the economies of BRICS regions Brazil, Russia, India, China, and South Africa, as they seek to boycott the US dollar.
BRICS De-Dollarization and Bitcoin: A Perfect Storm?
The BRICS nations' push for de-dollarization is gaining momentum. The 2025 BRICS summit emphasized de-dollarization through CBDCs and 17 de sept. de 2025 BRICSfeaturing Brazil, Russia, India, China, and South Africais turning heads with its venture to establish payment systems that bypass the dollar and euro. This move has led some analysts to believe that the impact of BRICS de-dollarisation manoeuvre will benefit Bitcoin, says macro analyst Noelle Acheson.
Bitcoin as a Safe Haven Asset
Amid BRICS’s work against the greenback over the last several years, economics Anthony Scaramucci has called for people to buy Bitcoin over the US dollar amid this global shift. Uncertainty is fuelling the flight to hedge assets, and Bitcoin is increasingly being seen as a store of value, similar to gold, in times of economic instability. The BRICS leaders explored alternatives like Bitcoin to reduce reliance on the U.S. dollar in trade.
Bitcoin, Stablecoins, and the Future of Finance
Bitcoin and stablecoins are emerging as tools capable of circumventing the supremacy of the dollar, but paradoxically, they could also reinforce its influence. While offering an alternative, they also operate within the existing financial system to some extent. BRICS nations may adopt bitcoin for trade, reducing reliance on the U.S. dollar and boosting financial independence, says VanEck's Matthew Sigel.
Investing in Bitcoin: Is Now the Time?
With the de-dollarization debate intensifying and the BRICS nations actively seeking alternatives, understanding the potential role of Bitcoin is crucial for investors. Consult with a financial advisor to determine if Bitcoin aligns with your investment strategy and risk tolerance. The future of global finance is shifting, and Bitcoin is undoubtedly a key player to watch.