The new multipolar order will not be The West vs BRICS+ imo. That is too simplistic to reach a status quo equilibrium as there are too many nations unaligned.
It suggests there will be at least a third polarity in play, a hedge if you will, such that marginal nations which can’t afford to go all-in on either major pole for reasons of geography, politics, religion, alliances etc. can keep a foot in both camps whilst potentially forging an alternate path.
This is the space I see Bitcoin occupying in the short term, a “neutral” option that allows smaller players to play without pissing off either axis too much for them to be interventional.
I realise that doesn’t sound like the Bitcoin Standard Maxis dream of, but it seems the most likely scenario to me as the poles shift and things settle.
Whereas The West will likely shun BTC (another thread) there’s a high probability that BRICS+ will somewhat participate as they can financially benefit without undermining their overall system which will need to be built on compromise versus western unilateralism.
This would establish and legitimise Bitcoin, and over time it will economically erode the other poles who are going to be busy focusing on opposing each other across all dimensions rather than worrying about the smaller third pole focused purely on economics.
I’m bullish AF about multipolarity for this reason. It’s the kind of chaos needed for Bitcoin to emerge, without requiring it to be everything to everyone overnight!