Governments all around the World Secretly start using together with banks the bitcoins.
Oil is done so They replace bitcoin instead of oil.
The btc volatility might go like daily 50k-100k price Changes.
Bitcoin will be instutionalized permanently.
The Global market prices Liqutation postion will be fluctuated by Bitcoin price.
I said this before but nobody didnt listen but now its here!!
It won't replace oil or gold. Oil might fade but not because of bitcoin but because of less reliance on it as a commodity. Gold is another asset class. Its not about replacing something but complimenting it. Gold and bitcoin don't exactly do the same thing nor act the same. They can both coexist peacefully.