Yes that is true. Its a simple choice really though isn't it - would you prefer a world dominated by China, or the US? Because that is what Ukraine (and the middle east conflict) is about. For me the balance still tips toward the US, maybe I'm biased toward freedom of speech, democracy (flawed as it certainly is in the west but not as flawed as Russia or China) and free market capitalism. Suspect most westerners would feel substantially disoriented under a Chinese led world order. Strange as fuck how so many Bitcoiners seem to think it (Chinese Autocracy)would ok...but hey maybe if so many westerners would welcome a Chinese hegemony over them and don't want to fight for their ongoing global dominance it will happen and we will learn what most other nations and cultures have experienced over the last 500 years...