Digital Gold War - P Gurus

This video from the YouTube channel "P Gurus" takes a look at what many are speculating on: China's stockpiling of gold with the perceived intent of re-establishing a gold standard linked digital currency for interntional settlements. "Guru" Sree Iyer offers three reasons that he believes it cannot succeed. The logic seems sound, but the Chinese are not ignorant people, so what are we missing?