The s&p or Bitcoin does not represent value of all the companies or value of satoshis; it represents a savings rate of all the currency units in the system.  It has nothing to do with supply/demand, it's simply a reflection of the system.  Market cap of all companies go up when there are more currency units in the system.

The bitcoin price is fake because we're using the wrong measuring post from which to measure.  It's like asking "how far is it to the moon?" and saying "it's 300 calories".  The units of measurement are completely wrong.  

I don't hate the dollar or any fiat system, it's just it's design.  It's like being mad at the wind for blowing. 

 You sound like you’re mad at the wind for blowing when you abuse the definition of “fake”. 

>”it has nothing to do with supply”
>”market cap (=price) of all companies go up when there are more currency units in the system”
WHAT 🤣 That’s a blatant contradiction.

You have a point about the measuring stick but fake is not the right word. 

Calories measuring distance is a poor analogy. Bitcoin price still a currency denomination. It’s not a mismatch of concepts as heat energy communicating distance is. 

 lmaoo you realize market cap = share outstanding * price ?? We can and do manipulate both ends of that equation.  Price is directly correlated to destruction/creation of shares in addition to creation destruction of currency units. 

Let me reiterate for you the market price for bitcoin is FAKE.  We don't have a market for this.  It's not possible to measure the system from within the system.  Take some time with physics and or finance and get back to me.  This is easy stuff.