I was thinking about that the other day. Imagine an alien watching us humans as we travel through space gathering gold.
"Why do they expend so much time and resources to gather that metal? Is it vital to their survival? Do they need it for food or to reproduce?"
"No, they just gather it and hide it away in metal boxes so that other humans don't take it."
"Why do they expend so much time and resources to gather that metal? Is it vital to their survival? Do they need it for food or to reproduce?"
"No, they just gather it and hide it away in metal boxes so that other humans don't take it."
Isn't it the same with bitcoin?
Originally we collected gold for the gods (or whatever they were)
Yeah... that made them realise we were stupid beyond any hope and be gone leaving us with our useless metals. Some day they will be back and take all our precious Bitcoin. THAT will hurt.