Solution
Okay, could you please explain in layman terms how it is going to work?
And, more specifically, why will it be better than Bitcoin, and, more importantly, better than fiat as a currency (i.e. a medium of exchange). Your entire premise seems to be that we are using cryptocurrencies not as they were envisioned (that point I'd like to agree with). However, what's in your solution that would make us abandon fiat as a means of exchange?
1.You got to generate some sort of data that has value (prime numbers/a part of value of PI/hashes for all passwords ,permutations etc) ... it's just a example (close to mining)
So you suggest it to be a hard currency
That is, a currency that has value of its own, so-called intrinsic value (other than transactional utility), e.g. gold. Here, I don't question how truly valuable your solution would be. But let's assume that there is universal value in it. Then people will start hoarding it in pretty much the same way they are hoarding now Bitcoin. For your currency to actually work as a medium of exchange it should depreciating over time, and it should better than fiat (because we already have depreciating fiat)