I agree 100%
To even make crypto credible, it need a peg to its value. The USD is not a good choice. The World is sick of Smetica and its sanctions.
China wants the peg bad. Crypto is a wonderful gift of technology from God himself.
However, it needs to be stable. A gold back currency is the only way. But it’s impossible slow and expensively risky to move.
Crypto solves that.
Trump has spewed anyone using BRICs form of payment rails will be punished. That BS again, however. The World wants to sell into America’s consumption base. That’s our strength as a nation. China’s populations has failed in that regards. It’s just not in Their nature.
And no one wants Russia’s money.