You do know that value is a subjective form of perception right?
No, I don’t. Who told you this crap? Read this, seems you need this right now -> https://en.prolewiki.org/wiki/Value. You are welcome
And actually has no mechanism to store value… so called value is based on a pure speculation
Bernie Madoff scheme covers both of your arguments: it lasted for ca. 17 years and even seemed quite legit at some point for Wall Street guys.
good point