So will the gold bugs start fleeing the ship and buy some BTC? 
No way. Gold bugs are all about the physical. Their 40 year scenarios involve a global meltdown and general SYSTEM FAILURE, a "gold" that requires a functioning internet and power system would be laughable to them.
at least they won't be able to post on blogs that their 10 year daily prediction of doom finally came through.. if they hate the internet so much why do they yap the most on it?
That is the same reason most PM bugs claim that something not physical that doesn't have "intrinsic value" does not and can not have value.
The internet can't be touched yet it has value, and youtube, etc etc etc
exactly.
just what does Peter Schiff think he's been using all these years to blab his message and build his gold business worldwide? air?
I tend to believe they are either truly ignorant of what they are really saying and doing contradict each other or they have an another agenda and look to sway the masses towards PMs because "that's just how it should be".