That phase will come but we are not going to see the transition happening almost immediately, it is going to be a gradual process until everything has been put in order before we even realize that it already happened without observing deeply about it. The only hinderance from bitcoin into the real world adoption as the OP wishes for is that, it is a decentralized entity and the acceptance will be rolled out gradually from points that they seem not to be able to control for the government people. Only until then can we see massive and total leniency and acceptance of bitcoin globally.

That phase might happen but it could require a lot of processes first. Because the fact that people want to stick with decentralized system while the government insist the other way around, that could create more misunderstanding between two parties.

This is where real world adoption for bitcoin enters the picture. And this cannot be possible without the government's strong support.

Somehow a lot of people consider it being a good store of value and being widely adopted for investment as not real adoption, but I can't think of any better adoption than for investment. People holding it long term, people choose it because it's the better money than fiat that have high rate of inflation means bitcoin is preferable than fiat to own.

It's still not beating fiat when it comes to payments and daily transactions but we must remember that fiat is backed by government through regulation, considered as legal tender which not even gold can be considered as one and the government isn't happy to have competition that could disrupt their control over economy. Being store of value, preferable asset to be owned than fiat is the best real adoption bitcoin can get in a world full of regulations.

If this could truly happen, where Bitcoin became a means of payment used by many people, it would certainly be incredibly cool and wonderful. Because then we would no longer be controlled by the current financial system. However, it's clearly not easy, because, fundamentally, not many people transact with Bitcoin in the real world, preferring to hold their Bitcoin for investment.

Because, fundamentally, it's more profitable than using it as a medium of exchange. So, perhaps that's how people currently think about Bitcoin. That's perfectly natural, because it's undeniably very valuable right now, so exchanging it for something else would be a real shame. So, yes, it's currently quite difficult to use Bitcoin as a means of exchange, due to several reasons such as price volatility and transaction costs. Therefore, making it an investment asset is clearly still a primary choice for many.

The payment system is working at a good level because now many big names are entering, but sadly few things have still never been favorable because its nature is volatile; it's never helping many merchants to have this as their payment system, but its features trading and saving are helping enough. Big adoption is working for stability and also increasing people's confidence because with this it's having enough chance of giving good support in many other conditions that are needed by people due to high inflation. Fiat money is never as helpful as Bitcoin; it's a good advantage with this.

Accumulating and keeping this in the long run is currently one of the best features, which is giving enough encouragement because people are now doing their saving through Bitcoin with having control and security; hopefully it's going to be a good future.