But Bitcoin was created by Satoshi to be and be used as a peer-to-peer currency, he didn't create it to be a speculative asset. And whether speculative assets can survive an economic collapse remains a question.
People keep bragging about bitcoin surviving the covid pandemic but bitcoin is not the only asset that can do that. The stock market also stood firm against the covid pandemic and especially gold, gold even increased strongly before and during the pandemic. Meanwhile, stocks and bitcoin only grew after the government pumped money into the economy to save it. This makes me wonder, if an economic crisis happens and the government doesn't pump money, what will happen to bitcoin? But with gold, the price will go up regardless of whether the government is pumping money or not.
need to remember that gold has been there for long and bitcoin not that long, it's still in the early stage of it being established as a hedge against inflation, only when technology advance and people finally realize that they need decentralized p2p currency then they'd realize bitcoin is as good as gold if not better, as of now, bitcoin is growing but not quite there yet.
the more advanced technology become and the more adoption, bitcoin will become even resilient, even the fact that people were buying bitcoin with money that was used to pump economy means people put trust in bitcoin.