.
With money being a social construct, that being in the mind of parties that agree, we can actually state that, money haven't got a territory to it but then, its territory could be traced to acceptance and the value it accords itself.
Yet, Bitcoin and a variety of coins out there have got no territory, just a means of transfer and still serve monetary purpose for those who agree. Mind you, the measure of this value or money isn’t unilateral, it’s based on agreement by parties.
You're right the idea of any monetary asset, whether fiat or crypto, only holds a certain value because people agree it does. Bitcoin just takes that idea global, no borders, no central authority, just consensus. It’s wherever people believe in it that is where it will be. If anyone try to replace the value of Bitcoin he is trying to replace peoples trust on Bitcoin. Right now we cannot say Money and Bitcoin is paper and numbers, it is build on the prospect of belief and decade of effective performance.