According to The Kobeissi Letter, since 1971, the US Dollar has lost 98.94% of its value against gold and the British Pound has declined by 99.42%, highlighting a dramatic erosion in the purchasing power of major fiat currencies (source: The Kobeissi Letter, Twitter, May 22, 2025). This long-term devaluation intensifies the appeal of cryptocurrencies like Bitcoin, which are often positioned as hedges against fiat currency depreciation. For crypto traders, these statistics reinforce the narrative of digital assets as alternative stores of value, especially amid ongoing macroeconomic uncertainties.