No, there is no value in debt.There is only keynsian imagination in debt. There is only your imagination in debt and in your shiat coin.
And what banks balance seets tells you means nothing because they can put there whatever they want, true or false, that you'll kust swallow it like the lamb you are.
On the other end, Bitcoin has value basaed on technology, criptography, math, computer science and through all properties of a hard/sound money. But you, as a lam you are, can only soak in the crap you were given and you can't even judge that same crap and add 2 to 2 and see that something is not adding up.
Don't join the debating club.
- Regarding value in debt: I hold a mortgage on someone's property. They pay me interest on the loan as well as pay back principal. Their debt is my asset.
- There is no hard or sound money aspect to bitcoin. It is digits on a computer not backed by anything except pure faith and a hatred for the status quo financial system.
If anyone is guilty of soaking up crap - it is people who are belligerent to the facts. That is basis for a good con.