How likely do you think this is and to what extent will Bitcoin replace some of these asset classes as a store of value?
Bitcoin is a store of value besides the speculative value but it does not replace any asset from gold, bond, etc. They will co-exist on Earth.
People who don't understand it or over optimistic about Bitcoin, would say Bitcoin will take over fiat currencies, gold, bond, etc. and become a universal payment method. It won't reach to a time like this, personally.
Bitcoin adoption will rise more and more people will own then use Bitcoin or even Lightning network for transactions but Bitcoin is Bitcoin and it does not kill any other assets.