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?
I think bitcoins will never replace 100% of fiat so people don't have bitcoins still can use fiat for their need even if bitcoin was an international currency.People can buy bitcoins whenever they want so it changing from fiat to bitcoin so it will not be problem.