> Unfair comparison. Bitcoin benefits all who hold it, not a single corporation.

No, that's not how economies work. "Bitcoin benefits all who hold it" is like saying "the USD benefits everyone who has a USD". It's a completely meaningless statement.

> But it's a useful abstraction that comes pretty close.

No, it doesn't come close at all. Bitcoin's market cap has absolutely nothing to do with the value that Bitcoin adds to society, and thus it is a completely meaningless metric to look at if you are trying to decide if it "merits" use of our resources.

>Those bitcoin paper millionaires are investing in startups like Pinkapp, and Pinkapp is hiring programmers. All of this is happening outside the legal system. What does that say to you about bitcoin's ability to affect the world?

Nothing? I don't know what you're trying to say with this. Just because people made money off of bitcoin and now can use that money to hire other people does not mean it is affecting the world any more than anything else that people make money off of.

I also have no idea what you mean when you say "All of this is happening outside the legal system." That is another completely meaningless statement. I assure you that investments in startups and hiring of programmers all happens firmly within the bounds of all applicable legal systems. But even if it wasn't, it still says nothing about bitcoin's "ability to affect the world".

You need to stop drinking the bitcoin koolaid, bro. You're spouting nonsense in an attempt to defend it.