Could Bitcoin become the new global reserve currency?

Could Bitcoin truly emerge as the new global reserve currency, usurping the longstanding dominance of fiat currencies such as the US Dollar, Euro, or Japanese Yen? With its decentralized, secure, and limited nature, Bitcoin offers a unique alternative to traditional monetary systems. But what obstacles lie in its path to such a seismic shift? How would governments, economies, and central banks react to such a profound change? Would Bitcoin's volatility, scalability issues, and regulatory hurdles hinder its ascent? Or could it eventually gain widespread acceptance and become the de facto global reserve currency, reshaping the global financial landscape in its wake? These are the questions that remain to be answered as we contemplate the potential of Bitcoin as a global reserve currency.