I am, admittedly, new to Bitcoin but this question never leaves me. If bitcoin is not a bubble, if bitcoin somehow makes itself the international standard currency, what happens to the people who never bought bitcoin? Will they be provided a timeframe in which they will have to exchange their money from traditional currency to the cryptocurrency before traditional currency is phased out and deemed worthless or will there be another method of transition?
Though bitcoin is now the most popular currency in the world. It will never replace paper money. Nowadays, there are still 98% out of 100% people who is still using money in payments. But we can use bitcoin as side currency, Before bitcoin replace fiat money, bitcoin must be known by all people in world first which is impossible for now. As old traditional, Most of people still use money than bitcoins.