Bitcoinand other speculative assets such as stocks do no generate wealth.
Did I miss the standard definition of "wealth"? I know a lot of people define their wealth in terms of how much they have in the stock market/bitcoin/whatever other investment. If Berkshire Hathaway crashed to $1 today, you don't think there would be reports all over the place that Warren Buffett had lost most of his "wealth"? Sure they would.
Real wealth is having time to enjoy the pleasures in life, and in being able to preserve your good health. You don't own property, property owns you. I'm much happier, and having more fun, since I have stopped the pursuit of economic gain and excessive acquisitions.
I'm with you all the way on that one. Not that I don't enjoy the stock market or bitcoin as a hobby, but I don't chase material possessions to make me happy. I don't even own a car, just a bicycle.