> I hear all the Canadian banks are down and there might be a Bank run.

Exactly. The banks are rubbish at this. It's obvious to see how a proper stablecoin being used for the same purpose in Canada, or any other country. After all, it isn't affected by Bitcoin's volatile price in any way which that is also my point.

> Let’s see what happens next.

I'll tell you what happens next: Bitcoin being likely to lose its value once again due to its extremely volatile nature.

Sure, it may go up briefly too but in every scenario (including the Bitcoin donations), they will always want to cash it out to USD (or even a proper stablecoin) rather than 'hold it' or use it as a currency.