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!!
I don't think the government and banks will ever embrace this decentralized digital money, we just have to get past that already, also I don't see how bitcoin can replace oil in terms of usage, bitcoin can't make an aeroplane go off the ground, nor can it make a car move or help turn on my generator etc, the price of bitcoin can go as high as $100k, but that doesn't mean these commodities should be over looked, I think maybe you are trying to say bitcoin will replace gold and oil in terms of marketcap, which is something that hasn't been actualized yet.