The thesis statement here is value itself is an arbitrary concept and is such because we say it is. It's completely imaginary, often times irrational and a shared fiction. The fact that we have conventional billionaires at all is almost a ridiculous concept in and of itself, as any amount of tangible work is always done en masse, not by a singular person. Works can be created by individual contributors but it is the…
Which one of these properties of cryptocurrency is imaginary?
Coins cant be faked or duplicated
No one can create them at will
They can be transmitted quickly/globally with low fees (excluding bitcoin of course)
You can store them yourself, no bank needed
Sending huge sums of money is no problem
Relatively simple design, 8 page white paper
Has worked as designed for almost a decade
The only thing imaginary is your imagination. Crypto is very real. Even people on an island would eventually find a common denominator in which to store value which has many of the same properties above.