Like most Bitcoiners you ignore the reality that as the USD fiat global hegemony has been declining since the Chinese economy and Chinese model of global resource hegemony has been building, relentlessly. This is understandably uncomfortable for Libertarians as it is runs counter to their belief that free markets will always rule supreme- history tell a very different story. As the tertiary layer of the global network of infrastructure that China is building China is developing protocols to enable competition with the US legacy institutional and protocols which have emplaced and enforced US hegemony. One of the most important of these Chinese protocols is its CBDC Yuan...sometimes called DCEP or E-Yuan. DCEP is designed to greatly increase the efficiency of the Yuan fiat system and to enable very swift and efficient international trade payments outside of and free of the USD SWIFT hegemony. Compared to Chinas already developed internal and external digital payments capacity Bitcoin is a midget. It is far more likely that the Chinese CBDC will emerge as the major replacement of the USD. All nations must trade with China or suffer serious consequences and from mercantile market dominance monetary dominance has almost always followed. Do not think Bitcoin is the inevitable successor to the USD- it is not. Bitcoin will probably play a minor role, especially in pockets of activity where Chinas advance is most strongly resisted- ie the 'western liberal democracies' who have been the major beneficiaries, allies and tributaries to the USD, but against the Chinese CBDC Bitcoins importance looks likely to be relatively minor.