Especially since your simile has rather gaping holes in it.
Actually thinking about it... ironically your example is better description of fiat currency than btc.
Use low resource output to generate cheap tokens that will be loosely tracked by 'One True Government', and people agree that they have value. People can exchange it for goods and even can go back to the 'One True Government' to exchange their gold back token back to gold... oh wait... right we got rid of that whole gold backing while back...