We know the US dollar is the world-accepted banknote and can be used as a medium of trade. In the crypto world, Bitcoin is the most popular and the highest-received currency with incredible value. Different nations have authorized bitcoin for transactions and multiple of them are sentiments. Its approval is slowly expanding day by day. Do you think bitcoin will be the commander of the worlds currency market like the US dollar in destiny?
I don't think this will ever happen, no country will be able to be this much sure to sell it's currency to a Cryptocurrency to do a transaction and similarly redeem the cryptos received for a transaction to another currency. This will give a huge foreign exchange exposure to all the countries and their currencies as well. Infact to protect themselves from this most of the countries have decided to forego USD as well so definitely they are not going to move to btc for this.