It will increase the relevance of bitcoin as a currency. If a country like China chooses to accept Bitcoin as a legal tender considering that China is one of the countries that many other countries depend on to import some of the products they produce there. If Bitcoin becomes a legal tender it means that buyers from all around the world will be able to pay Chinese manufacturers with Bitcoin. That will be fulfilling the function of Bitcoin as a currency making international trade easier.

Can something like this happen? I say time will tell.