The world is moving away from the petrodollar. In fact, this trend seems to be accelerating. Just recently China/Russia put in place a way to trade gold outside of London's Metal Exchange. It sure strikes me that every major player is looking to diversify outside of USD (Treasury bonds) and set up liquidity channels with Euro, China, Russia, Japan.

When the petrodollar weakens, it will bring all of the greenbacks home and cause hyperinflation (that is, if a sovereign debt issue is not realized first). Not many are paying attention to this story, impressed that you even mention it! Agree that these developments are bullish for crypto, however the path will be riddled with FUD.