There is no #Bitcoin standard. A standard is what backs official currency. Right now the US currency is backed by the "full faith and credit" of the US. In other words future tax dollars. This has been working for some time. Is it abused? Sure if you vote for people who want to abuse it like Democrats.

There will never be a bitcoin standard. 
1. We don't need it
2. Bitcoin is flawed

Bitcoin has lots of flaws, the worst being that if it is not a medium of exchange by the time the final bitcoin is mined then the network dies from lack of income from either bitcoin rewards or transaction fees.

What is missing to prevent this is the flaw of not having an incentive to become a medium of exchange. Two countries currently allow it as legal tender and over a dozen have outlawed its use. That is not a good trend. 

The incentives against it becoming a medium of exchange are well known:
1. slow speed, a Starbucks cashier is not going to wait 
2. high fees, more than VISA
3. impact on climate change, energy usage
4. scalability, eventually the blockchain will stretch to Jupiter, VISA processes 65,000+ transactions a second
5. anonymity creating resistance from governments
6. lack of understanding, most bitcoiners don't even know the whitepaper didn't even mention a cap, and people don't get it
7. the substantial threat to the global economy of unintended consequences
8. reliance on the internet and the mining community, the whitepaper has a bizarre theory of incentives for "honest" nodes, however as the bitcoin price increases the incentive for "dishonest nodes" grows
9. reliance on basically a single exchange Coinbase that now has a target on its back for hackers not all of whom are in it for the money, others would be happy just to disrupt, lots of people went from Coinbase to ETF shares instead thinking they are safer, ETFs fail if Coinbase fails so safety is identical, only a few ETFs do self-custody
10. read the whitepaper, it's only 9 pages:
#Bitcoin