@toknormal, unit-of-account means everyone holds that form money as their checking and even savings (reserve) account.

As the US dollar became the global unit-of-account, the total market cap of the currency increased by orders-of-magnitude. The USA citizens ended up consuming 25% of the world's resources with only 5% of the population. The banks who created the US dollar out-of-thin-air (who get the seigniorage) pocketed the $trillions (not the holders of the dollars).

With a crypto-currency which has no seigniorage (e.g. Dash doesn't qualify), then increase in market cap is awarded to those who hold the tokens.

In conclusion, I disagree with you.