I don't see Chinas eventual triumph and dominance over the west and the rest of the world as inevitable yet, but that certainly it is how many, especially Chinese, see things already. China is already well ahead in many areas. The denial of even the possibility of Chinese dominance by many in the west is a huge problem (for the west) as it makes it a lot more probable the west will not respond to the challenge in time. Chinas military power is not yet equal to that of the west, but is rapidly catching up. Bitcoin certainly does offer a powerful and useful neutral monetary solution in this scenario. Sometimes I dare to hope that China and the west could potentially work together with great effect if they adopted neutral protocols for trade and exchange, such as Bitcoin, which provides a model of monetary neutrality and equity. The Chinese can reasonably argue that current international protocols and institutions (eg SWIFT and IMF) are stacked heavily in the wests favour...but if China is simply to impose its own instruments of imperialist advantage and extraordinary privilege to replace them there is very limited appeal to the rest of the world in that.