Return of the Khilafah upon the Prophetic methodology

We were sitting in the mosque with the Messenger of Allah ﷺ and Bashir was a man who rarely spoke. Abu Thalabah al-Khushani came and said, "O Bashir bin Sād, do you preserve the hadith of the Messenger of Allah ﷺ regarding the rulers?" Huzayfah replied, "I preserve his sermon." Abu Thalabah sat down and Huzayfah said, "The Messenger of Allah ﷺ said, 'Prophethood will remain among you as long as Allah wills. Then, Allah will raise it up when He wills. Then, there will be Khilafah on the Prophetic method, and it will remain as long as Allah wills. Then, Allah will raise it up when He wills. Then, there will be a biting monarchy, and it will remain as long as Allah wills. Then, Allah will raise it up when He wills. Then, there will be a tyrannical rule, and it will remain as long as Allah wills. Then, Allah will raise it up when He wills. Then, there will be Khilafah on the Prophetic method. Then, he remained silent.'"  

كُنَّا قُعُودًا فِي الْمَسْجِدِ مَعَ رَسُولِ اللهِ ﷺ وَكَانَ بَشِيرٌ رَجُلًا يَكُفُّ حَدِيثَهُ فَجَاءَ أَبُو ثَعْلَبَةَ الْخُشَنِيُّ فَقَالَ يَا بَشِيرُ بْنَ سَعْدٍ أَتَحْفَظُ حَدِيثَ رَسُولِ اللهِ ﷺ فِي الْأُمَرَاءِ؟ فَقَالَ حُذَيْفَةُ أَنَا أَحْفَظُ خُطْبَتَهُ فَجَلَسَ أَبُو ثَعْلَبَةَ فَقَالَ حُذَيْفَةُ قَالَ رَسُولُ اللهِ ﷺ تَكُونُ النُّبُوَّةُ فِيكُمْ مَا شَاءَ اللهُ أَنْ تَكُونَ ثُمَّ يَرْفَعُهَا إِذَا شَاءَ أَنْ يَرْفَعَهَا ثُمَّ تَكُونُ خِلَافَةٌ عَلَى مِنْهَاجِ النُّبُوَّةِ فَتَكُونُ مَا شَاءَ اللهُ أَنْ تَكُونَ ثُمَّ يَرْفَعُهَا إِذَا شَاءَ اللهُ أَنْ يَرْفَعَهَا ثُمَّ تَكُونُ مُلْكًا عَاضًّا فَيَكُونُ مَا شَاءَ اللهُ أَنْ يَكُونَ ثُمَّ يَرْفَعُهَا إِذَا شَاءَ أَنْ يَرْفَعَهَا ثُمَّ تَكُونُ مُلْكًا جَبْرِيَّةً فَتَكُونُ مَا شَاءَ اللهُ أَنْ تَكُونَ ثُمَّ يَرْفَعُهَا إِذَا شَاءَ أَنْ يَرْفَعَهَا ثُمَّ تَكُونُ خِلَافَةً عَلَى مِنْهَاجِ نُبُوَّةٍ ثُمَّ سَكَتَ