This is assuming gold and Fiat is the only way to value Bitcoin. A more probably cause for this discussion is you don’t understand Bitcoin, and that’s okay.

Is your argument that bitcoin will die because people wont have anything to value it against once fiat dies?

My argument is we will revert to barter & only True Believers will accept Bitcoin, and they will quickly lose faith when they see how few other True Believers there are. Also, you might lose electricity or Internet temporarily.

This may happen. It also may not, in which case it is prudent to look into bitcoin while it is being monetized amidst the global fiat printer race.

Yes, as a speculation during fiat collapse I think Bitcoin might temporarily spike in real value. Similarly, fiat might have a temporary deflationary spike before hyperinflation. I have no desire to hold a bunch of Federal Reserve Notes to speculate on such a situation.

Do as you wish, a lot of people are one-way into bitcoin and cba to speculate on swings. However the monetary pendelum swings is anybody's guess. "Spike in real value" is refreshing as you have been claiming it has none. Not sure it's a good description for any money as value is highly subjective.

Right now the Bitcoin market price (and thus real value) is above zero - I don't dispute that I am claiming it will return to zero because there is no real asset, precisely when, as and because fiat currency dies