A cryptographically secure currency network is infinitely more valuable than a warm hotdog. Conversely, a global food distribution network is infinitely more v

A cryptographically secure currency network is infinitely more valuable than a warm hotdog. Conversely, a global food distribution network is infinitely more valuable than a single dollar. You're conflating two radically unrelated things: the utility of the existence of a monetary system, with the concrete value of a specific instance of currency. The value of USD doesn't derive from the abstract utility of money. 1920's German hyperinflation didn't reflect people deciding that money systems, in general, are worthless. Understanding that we're talking over each other: * I have no doubt that cryptocurrency's utility is "enabled" by the effort spent in cryptographic validation; * I'm saying it's value does not derive from that cost; it is not causally linked