What if every state pension fund bought 1% Bitcoin in 2018?

Imagine if, in the year 2018, every state pension fund across the globe had decided to allocate just 1% of their portfolios towards Bitcoin. How would this have impacted the cryptocurrency market? Would it have been a game-changer, propelling Bitcoin's value to new heights? Or would it have been a mere Ripple in the vast ocean of financial investments? Would such a move have been seen as a bold step towards diversifying portfolios and hedging against traditional market risks, or would it have raised concerns about the volatility and uncertainty associated with digital currencies? And what implications would this hypothetical scenario have had on the long-term financial stability of these pension funds and their beneficiaries?