And yet Chinas challenge to US hegemony is ongoing but remains under the radar of most superficial US exceptionalism biased analysis such as this. Bitcoin is inflating due to the awareness that USD hegemony is eroding and facing imminent collapse- because US power is now largely reliant upon USD siegniorage and debt leverage...but meanwhile China has won the trade war and is now attacking militarily via proxies in a medium term strategy to usurp US hegemony. Capture and control of international protocols and institutions is a significant part the next logical phase of Chinas incremental advance...in combination with already running proxy wars across the Middle East and Europe. Trumps tariffs, threats to BRICS and other bluster may stave off the collapse of USD hegemony but its far from decided who wins in the medium term. If the Saudis joined the Chinese led Iran Russia alliance against the US it could be all but over very swiftly. The clock is ticking.