China has won the trade war and developed its CBDC and the protocol to enable cross border payments with other nations via digital transfers using the protocol mBridge the USDs hegemony is facing an existential crisis.

Trump recognises this and is responding to shore up and hold onto USD hegemony for as long as possible- threatening BRICS members that if they dare to implement mBridge he will hit them hard with sanctions.

At the same time Trumps tariffs will somewhat reduce the US chronic trade deficit and improve government revenue which should logically improve the ability tio service what has become a significant debt burden.

However the increasing realisation of the decline of US hegemony and the viability of Chinas already operational alternatives means Trumps moves to address the problem may actually hasten the abandoning of USTs and USD hegemony.

China won the trade war and so also builds the tertiary layer payments infrastructure which is recognises its dominant trading position.

Bitcoin may well outlast the dollar but it would need to escape the capture of narrative and regulatory pressures which have reduced its use to that of a speculative commodity, KYCed and taxed in the majority of cases and increasingly held in custody by bankers and institutions who do not use it as a p2p MoE and so reduce the already limited capacity of the protocol to act as a MoE. Hopium is all very well, but dealing with reality is also required.