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It doesn't rely on the absence of resistance, it's that resistance is futile.
Every other economy is largely irrelevant on scale, and their need to cooperate to scale up is a major weakness when the US has a default sphere along for the ride.
India, Brazil, China, probably Russia, all have sophisticated payment rails that make USDT largely irrelevant on a grand scale. They can easily make it inconvenient enough and even theoretically supply their own interoperable payment rails so that they're own citizens don't leave their currency to trade internationally, the conversion is handled through swaps.
You're argument seems to me like a dragon eating it's own tail. How does the US debase it's own currency, make it less useful in international trade, and prevent the coordination of its peer competitors, and come out on top?
I mean, I get it that it's great to be a Bitcoiner in the US or Europe relative to your peers, other citizens of the collective West. But how that converts to US dominance in any of the fields that matter is frankly unsupported.
What economies do those countries have if they can't trade with the US or the US imposes costs on doing do? None, subsistence at best in the case of Russia. It's about leverage, they have none so we don't need to subsidize them any longer, this is just a return to math instead of a globalist scam.
US has been debasing, the point is now thats over, hense the wrecking ball.
All of them combined can replace the US sufficiently to function. There are enough consumers in Brazil and India for Chinese products, all of them have enough raw materials.
The West would go into de-growth trying to re-industrialise to replace east Asian manufacturing, because salaries would have to be beaten into capitulation. That's arguably what they are trying to do with immigrants, to drive down salaries, but minimum wages are essentially untouchable in Europe, and the cost of living crisis (housing) is unsolvable in the US due to the use of real estate as a pension fund for voting boomers.
The US is more likely to look like a big Turkey than a global dominant powerhouse in 10 years.
In case you haven't noticed, the immigration has been ground to a halt intentionally so wages rise. Re-shoring or near-shoring has been under way since 2018, low value manufacturing of rubber dog shit from China with Australian raw materials does not an economy make. None of those countries except maybe india can even feed themselves.
It's already happening as we can observe, all you seem to be offering is Atlantic Council cope.
wages rise
Making the west less competitive in manufacturing. Low value manufacturing is the majority of manufacturing, including in military applications, and the innovation that leads to the high value tends to bubble up from the low value, with a significant lag. Our high value manufacturing is a lagging product of the historical low value manufacturing that was conducted in the West.
I'm desperate to believe your narrative, so I'm definitely not offering cope. You're just really bad at objectivity.
If wages rise we can afford our own goods. That's real growth, not debasement to keep the world afloat.
Low value doesn't move the needle, steel, chips, aircraft engines etc do. We already have, or have already invested in those. Trump v1 got that ball rolling almost a decade ago now, obvious plan is obvious.
China manufacturers what we allow, with materials we allow, and buys our food. To the extent they can export requires our navies approval.
The push toward automation is yet another factor, per your earlier Japan reference, they've survived demographic collapse with automation.
US has the combination of all factors, may not be #1 in all, but in most, with weaknesses being solvable and remediation well under way.
I'm objectively looking at what's happened, happening, and extrapolating. If I thought investing in China or Brazil made any sense I would. If you want an offshore bet, look to Argentina, our newest colony.
They cannot rise enough to compensate for the rising consumer costs, and US consumers survive on debt. Oh, and by the way universities have ensured that Western millennials and gen-Z don't have the skills and have really have status expectations, unlikely to capitulate to manufacturing jobs without significant pay increases that will make those companies insolvent.
And rising costs will wipe out boomer pension plans.
The US, Europe, and Japan are all trapped in policy paralysis, every direction is pain.
Japan have not survived demographic collapse at all, they simply papered over the problem with 0% interest rates and restructured their pension liabilities in the early-90s to keep their bond yields low, something the west failed to do because it's not ethnically homogenous. Japan has simply forestalled the problem.
You're kind of the irritating mirror of that China shill that I muted. You two should just pair up and talk to each other. I'm done providing this reality check, you're motivated to come to specific conclusions and that makes conversations boring.
So a melt-up in dollar value, not necessarily in euro or yen.
And why is it assumed that other jurisdictions have no countermeasures against StableCoins? Maybe Europe doesn't, but Russia, India, China, Brazil, they have plenty.