To indulge in some antipodean Sunday morning optimism-

I have sometimes been called a CCP bot and statist for suggesting that China has won the trade war. All good fun. But if it is true, and the US/USD/petrodollar crony capitalist empire is now in terminal decline and headed for collapse, as I sometimes muse, then the existence of operationally ready to use alternatives to fiat dollars could have significant value.

Imagine the US loses the huge gamble it is now taking on AI.

The US financial system then collapses under the unbearable weight of all that squandered fiat debt capital that was poured into the AI gamble to maintain economic advantage over a China that has already gained dominance in most other spheres of economic competition. All the subservient tributary monetary systems also collapse in domino effect The British Pound, the Euro, the Yen etc ...as we almost saw in the GFC. 'Chancellor on brink of second bailout for banks'

China now dominates global supply chains and commodity markets and potentially can impose its payment protocols more widely...reverse engineering the banking hegemony Britain imposed upon China via The Opium Wars. Xis China Dream realisation.

But many countries and cultures will still be resistant to global Chinese domination- China does not have the broad cultural soft power that USA has enjoyed and still holds to some extent. Many large economic zones (like India, Europe, Japan, S.Korea and Australasia, Canada etc) would potentially prefer a more neutral monetary system.

Bitcoin payments systems standing by ready and able to meet the demand for a neutral and equitable payments system quickly and easily adopted as the legacy petrodollar based system collapses. Any petty legal obstacles what were put there by the now defunct fiat debt slavery monopolist operators would be swiftly removed/ignored. Its a sunny Sunday spring morning of optimism and cherry blossom!