The void left by the questionable value of the US dollar is being expressed by the lowest economic strata. In essence thier banking services cost more and the expression of a dollar dropping in value brings the rate of exchange into a higher premium than the transaction would normally afford. So as the value becomes more questionable the transaction value will increase to include higher economic strata and potentially carry the digital world into a standard with fiat currencies. In essence the de-dollarization due to questionable values may spring into life micro-currencies reserved against less questionable values. Remittances may experience a translation into another reserved currency rather than a simple one step into the domestic albeit weaker currency of its finaly destination. The promotion of a reserved gold digital currency would flourish as the translator of choice and potentially the currency in those final destinations. The missing piece in this monopoly game is a sovereign entity that facilitates a digital reserve currency and allows its Central Bank to liason with other Central Bankers for that purpose. The vast coordinated effort to inflate the fiat currencies at the same time to mask the true exchange value and inflationary conditions is coming to an end and as such one Cental Bank could in essence jump ship and obtain the number 2 spot next to the dollar and perhaps replace it. A Central Bank for my kingdom.

"The same thing happened in 1998 or so when the Russian financial crisis happened. The Russian banking sector met its Battle of Kursk and collapsed, taking their payments abilities with them. A rough upstart called Webmoney was luckily up and going, and was able to transmit sorely needed payments across Russia and further."

Any datapoints to back this up? As far as I remember, no one had heard of Webmoney in 1998.

"... was able to transmit sorely needed payments..." There was not much money flow in the country, full stop. In any case, the most effective way to send money in those times was to ask a trusted person (often a train conductor) traveling by train (the train system was very well developed and still running) to take cash - here is an alternative payment method ;)

Igor, I stand corrected!