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Why is "USD worth of Bitcoin" not a reasonable approximation for the value you get from the bitcoins it generates?

The alternative is to just buy Bitcoin with fiat instead of running random hardware from a startup for days to get any meaningful value.

I believe it's called "money."

As in, "I wish to exchange my fantasy internet points for money."

> I believe

That's why it is called "fiat"

That's a snappy one-liner, but "a currency which has value because people believe in it" applies just as well to Bitcoin as it does to the US dollar.

It also doesn't make any damn sense, given that "fiat" is Latin for "let it be done", not "I believe".