Xanny, gotta big disagree with your take…
The US DOES NOT relay on China for tech. We contract heavily with China for all manner of commodified and marginally advanced manufacturing. Ans Andrew is right about software, chip design, and advance manufacturing being owned by the US or US proxy states. What’s more, we’re already seeing the beginning of the trend of moving production OUT of China. And advanced technology will make more and more of manufacturing automated and modular, eroding China edge at throwing vast numbers of low cost human laborers at production tasks what but for this suppressive effect, would have already been (and are now being, automated). This process will happen far faster than the China Hopium and “Dollar Bad, Yuan/Ruble Guuuurd” crowds want to believe…
Further, I am no dollar apologist, but as someone had most of their net worth denominated in RMB for several years - nobody is out there lining up to rush in RMB while dumping dollars. The country still runs wildly draconian capital and international movement controls specifically to keep money and people IN. The thought that the world will begin clamoring for Yuan, Ruble, or Rupees is laughable at best - especially when all of those currencies are just subpar substitutes for the dollar on the prevailing fiat standard.
This whole narrative is a smoke screen to obfuscate a clearer and more direct path to bitcoin, globally. The US, EU, and the BRICS governments can keep on with their extractive and predatory dick measuring contest, which only hurts the people - and people from the ground level up will migrate to bitcoin, precisely to avoid the aforementioned “Great Power” money games…