That is kind of the point, however, the value isn't created by making the toy or the btc. The value is created when the perceived utility of the underlying goes

That is kind of the point, however, the value isn't created by making the toy or the btc. The value is created when the perceived utility of the underlying goes up. Imagine you own a well. Later they discover a way yo get oil from that type of well. The change in perception is where the increased value comes from.