> The hegemony of the dollar as a reserve currency is finally coming to an end, and while many will disagree with my opinion, I believe it's a very good thing for the world.

Yeah ideally, I agree that some competition might be good to keep US in check. Chinese Yuan seems most likely at this point.

But I think the world would be in a “worse” place when the break happens. Purely due to geopolitical instability and all the second order effects that is bound to happen when US hegemony ends.