As the printer of global reserve currency, the US is enjoying the exorbitant privilege of controlling a large chunk of global trade and finance via soft power, banking regulations etc.

However, ironically, enough, the US seems to be only big enough country (with a critical mass) where Bitcoin (especially with its libertarian ethos) have any grassroot awareness. Switzerland also shines, but needless to say, the scale (of economy, population, market size) is too small to influence the global finance. That is why Bitcoin is still primarily priced in USD, after that pricing it in EUR, GBP etc. are merely forex conversions.

So that brings me to the question, where the US dollar is no longer the reserve currency, the US government bonds are no longer the default treasury assets, the American bond yields are not longer the benchmark interest rates, where the new Chinese system (CIPS) is the equal competitor or even dominant over SWIFT, does Bitcoin have a future?

Asking this primarily because those BRICS countries' populace have absolutely no ethos of self-sovereignty or libertarianism in them, they have no concept of Bitcoin, they will happily live under the CBDC and government backed payment systems surrendering their Bitcoin (if they have any) or gold whenever push comes to shove.

Europe is not much different either, they will happily comply with China, and Europeans are used to accepting authoritarianism/ EU wide bureaucratic control over their lives. They will stick to the status quo, and will pick whatever they think is convenient.

So will there be a day when those powers, together, will be able to choke the fledgling Bitcoin eco-system in America (by creating enough pressure on the government, which will pass the pressure to people, so it will be like a few libertarian minded souls fighting the whole world, not just democrats)?

I mean, for sure, Switzerland (always have mad respect for them) cannot fight them alone?