Who will buy a million dollar worth of coin that has no physical attribute?
Who buys millions of stock shares online that have no physical attribute? Who owns millions of digital fiat notes that have no physical attribute?
Like, everyone.
Well, said. Most things are digits anyway. That's like saying who would have $1M in a bank account, stock brokerage account, mutual funds, ETFs, bonds, etc. These people never get anything physical, just digits in their account.
How is this any different than bitcoin?