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?
Is your country giving up on your fiat? Why did this question crossed your mind?
Unless a country abandoned their fiat, there is no one forcing anyone to switch to any crytocurrency. Fiat will remain as long as the government in a country supports it.
And bitcoin is decentralized in nature, when you said there will be a time frame to switch, who will dictate that?