Bitcoin’s role in the global macroeconomy is evolving as a decentralized, scarce asset, often viewed as a potential hedge against inflation and currency devaluation. Its fixed supply contrasts with fiat currencies, making it appealing amid rising debt (e.g., US Debt/GDP) and monetary expansion. As of March 2025, institutional adoption grows, with firms like BlackRock noting its risk-off potential. However, its volatility and reliance on infrastructure (electricity, internet) limit its safe-haven status compared to gold. Correlations with macro uncertainty remain inconsistent, suggesting Bitcoin is more a speculative hedge than a reliable safe haven.