Good points for the future of what we are getting into. It looks good :)

"we, as a society, have agreed that it is valauble. And the more people are willing to pay for it, and the less of it there is, the more it is worth."

That's the basics of all monetized value for anything. It's all a belief, faith, trust, and loyalty, which can shift at any time. The only reason the USD and other fiat currencies that have been printed so much, as still worth what they are worth, is because of the manipulation of consciousness and the belief people still have int he currencies. If people no longer believed them to be worth anything, then they wouldn't. In reality, the market without manipulation, the USD would not be worth what it is now because of how much has been printed.

Also, you spelt "valuable" wrong ;) Just an fyi.

Take care. Peace.