Bitcoin has the potential to become a world currency, but there are several challenges and obstacles that it needs to overcome before it can achieve that status. Here are some factors to consider., *Volatility *Adoption *Regulations *Infrastructure and Competition.
However; it's possible that Bitcoin could play a more significant role in the global economy in the future.
There are too many challenges for bitcoin to become a global currency, but one good thing about bitcoin today is that it has real use cases. The growing adoption of bitcoin, its increasing demand around the world can give hope that in the future bitcoin will become the currency considered by many world governments.
Of course, currently the regulations of many countries have not legalized bitcoin as a currency, but hopefully this will change over time. Now there are a lot of people in different countries who no longer believe in banks, they are looking for bitcoin as an alternative solution, and if at the same time the government is against bitcoin instead of supporting it, then I think the system will only get worse.