BTW Im not a USA/the west hater or a CCP cuck either - just a realist wishing to face facts even if they are uncomfortable for me as a westerner and a Bitcoiner. I do not believe hopium or delusional thinking helps deal with the real world and the challenges democracy and the west face- but rather they are at the core of the disease of denial that is driving the decline we can all see. You can believe what you like but all the trends lean toward China achieving growing dominance over the increasingly dysfunctional west. I agree its not a done deal yet, but its hard to see how the west could reverse the trends. IMO the basis of the problem is complacency- your complacency and the more general complacency that is revealed every time I raise this topic. There are always a chorus or at least a monologue of ' it just can't happen'- after all we have been the dominant culture for the last 500 years. Complacency, apathy and division are at the root of the decline of the west- and they have been evident in every culture that enjoyed dominance and then lost it. Agree China does not have the degree of innovation and very high tech advantage that the west still enjoys- but what China does have is a unified strategy and it has a government that is highly incentivised to continue its economic advance- because the CCP knows that if it does not it loses its 'mandate of the heavens' and risks removal by an uprising. In contrast the west is asleep- corporates own nearly all of its 'elected representatives' via patronage. In the west capital directs government. In China the government directs capital. China has a strategy, the west has crony capitalism, illusory democracy and deeply entrenched parasitic crony capitalism. Dollars are only the preferred currency because they are universally accepted and they are only universally accepted because of the legacy fiat monetary hegemony USA inherited from Britain and has maintained via SWIFT. Today China has already launched its CBDC which is capable of international trade payments and internal use for payments in a more efficient faster and cheaper protocol that SWIFT. Chinas puppet Russia has proposed a BRICS trade payment protocol which would almost certainly be based upon the already operational and perhaps most advanced CBDC in the world- Chinas E-Yuan sometimes known as DCEP. USD is still used for most trade payments, but not because USA dominates trade- it doesn't anymore- USA has had consistent trade deficits since the 1970s and has only remained viable because of its ability to print seemingly endless liquidity via the USD. The credibility and viability of the USD is nearing collapse. The transition to a currency issued by the dominant productive economy economy is inevitable. As for Chinas currency being openly traded- the USD and all other fiat currencies were strictly controlled until 1971 when gold backing was removed. Monetary hegemony derives from trading dominance- and the USA and the west have lost that dominance...they remain in denial of the consequences but history does not.