Fiat money is a powerful monetary lever and can be used for good or bad purposes. In the west it is being mostly used to inflate the price of non productive speculative assets rather than investing in productive infrastructure. China is mostly using fiat monetary leverage to increase its competitive advantage and thus is reaping increasing economic power and wealth. Presenting Bitcoin as a response to the western abuse of fiat monetary leverage is valid- presenting it as a logical response to the rise of Chinese power wealth and hegemony is not so much. But then most Bitcoiners ignore China and its economic growth and success- because they simply cannot accept that a mixed, planned economy could be a threat- but the reality is that it is. The Chinese are doing capitalism and fiat better- much better than the west. If we were to revert to a Bitcoin Standard that would improve the wests position over time but it would probably not prevent China from continuing to gain the upper hand as it already is.