That is why you invest in crypto-currency, not gold. Gold is at the end of its utility as we are transitioning away from a physical economy. That is why gold is dying. You have the wrong antiquated model.
It doesn't take much effort to figure out why this is not true. All it takes is for you to go outside and attempt to explain Bitcoin to an average 50-60 year old (the demographic that probably has the most investment capital). The ones I've talked to have all heard of Bitcoin before, but none of them even knew it has a finite supply. I try to explain to them how it works and they just reply "but who runs it?". Then I explain it's supposedly held together by a continuous revolving door of parties in a Nash equilibrium (that may or may not exist). Then they look at me like I'm from Mars and repeat, "but who runs it?"
This demographic of people (as well as most other humans on earth) don't understand or trust Bitcoin. The only way they would get involved with it is a speculative punt, but there are literally millions of assets you can speculate with, so even if they were a part of the small percentage of day traders on the planet, they might easily pass up Bitcoin for something else.
As for the other scenario of everyone just being locked in homeostasis with their fiat dollars until shit hits the fan and they're forced into something else, when that time comes it's all about trust, and these people who think Bitcoin is some company like Paypal with a CEO are all going straight to gold and silver instead. I'm sure Bitcoin will go up a lot as well, but the so called "capital flows" are going to be around 99% going to metals and 1% at most going to Bitcoin.
If every millionaire hedged 1% of their wealth into Bitcoin, the price would be around $8000 per coin fully liquid, fully capitalized. But markets aren't fully liquid, so the price per coin would be something like 10x that at maybe $80,000 per coin. So a +100x from current price.
Now, looking at metals instead, if they do a new Bretton Woods, they would take gold to at least $20,000 at the 40% historical backing rate. The GSR (gold to silver ratio) would spike somewhere between 15:1 to 30:1 off that, putting silver anywhere from $666-$1333. That is a +39 to +78x. As you can see, the upside on silver for wealth transferrence is basically the same as Bitcoin while otherwise having far less risk attributes.
I own large amounts of both so I'm not biased - use Bitcoin as a checking account and metals as savings account.