"One day everyone will use China's digital currency"
You think patriots would let that happen?
(Note that BtC has popped almost x6 since about the exact date this article was published last September. True, the fiat dollar bloated, but by nowhere near enough to justify even half of that move.)
This is pretty reductive and inaccurate.
It's 0's and 1's in millions of computers connected together that constantly verify the amount of 0'd and 1's. The value of which has been derived by hoovering up fiat currency.
But agreed... Gold will destroy the Fed. But what if it's digital gold?
Agreed!