That capacity depends on Bitcoin having nonzero value in the first place.

Currently irredeemable currency enjoys nonzero value and irredeemable cryptocurrency enjoys nonzero value. But as goes one so goes the other, because they are all irredeemable currency.

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https://dergigi.com/2021/01/14/bitcoin-is-time/

Please don't confuse physical tokens/commodities with ledgers

A big reason why we are in the mess we are in!!