Bitcoin has the potential to reshape global payments by offering faster, borderless transactions with lower fees compared to traditional banking systems. As more businesses and countries like El Salvador adopt Bitcoin, its role in international payments could grow. However, challenges such as regulatory uncertainty, volatility, and scalability need to be addressed. While it's not yet ready to fully replace traditional currencies, Bitcoin could become a viable option for cross-border payments and financial inclusion in the future.
Bitcoin is not a replacement to the traditional currency and yes, you don't need to wait for the future before using Bitcoin as a medium of cross border payment, Bitcoin is currently in use as a medium of cross border payment in several instances and even on the forum, people accross different countries with different currency are united by Bitcoin and are enjoying the benefit of using Bitcoin as a primary payment option for most of the services they are rendering/receiving.
You might be getting it wrong if you're expecting an official statement from a given source that enfer that Bitcoin is the official medium of making payments globally, that will only happen if the world wants a unified currency and all the countries in the world have come together to agree that it be so. Some countries may adopt it while others may not. Some institutions might use it as her reserve while others would want to use it as a medium of payment. It usefulness doesn't devalidate the place of fiat in making payment. It comes in more as an edge against inflation and a better store of value which is what fiat can't be trusted for.