(1) why did the Roman legions stop working for Rome? Read about the history of other financial collapses.
(2) bitcoin NGU is measured by its purchasing power independent of fiat currencies. If the dollar became 100% backed by bitcoin and so it’s NGU, too it wouldn’t matter to Bitcoin’s success…Bitcoin’s NGU still is important.
(3) you can’t make credit available under a bitcoin standard. Individuals would take out loans based on 5+ year treasuries and buy bitcoin. The system implodes on itself pretty quickly.