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 what we value to bitcoin is its convenience and system of transactions.
We don't really need to make it as a standard currency as it will break the economic system of the country.
The government will not gain allowance for different agricultural, infrastructural projects which benefits its people.
We can use it for transactions after we convert our money. We use it for investments to gain profits. We use it for much more things. We enjoy it because we can convert it to fiats for us to spend. What we just want is for countries to adapt it. To accept it as a form of currency but not use it full time to abandon their own form of currency.