So you think there isn't any difference between bitcoin and a random coin
None of them remove middlemen or counter party risk, therefore have 0 fundamentals. Or to put it differently, whether you like or dislike him, Martin Armstrong defines metals as being a hedge against government. Something that doesn't remove middlemen is obviously not a hedge against government, because as I stated before, transactions are not blinded and the govt can just walk into the mining buildings and claim anyone who doesn't worship them is a terrorist and has their transactions blocked.
Entities like the G20 will obviously form such policies. This makes it a permissioned ledger or tyranny by default. What is bitcoin a hedge against? NOTHING. It operates on the govt's infrastructure and it costs virtually nothing to run a police state in the digital world like when Iran supposedly shut off access to Telegram recently. On the other hand, the cost to run a police state covering the physical planet is almost infinite orders of magnitude higher, and thus not possible.
You have no idea what you are talking about. I've sold stuff for bitcoin and bought stuff with bitcoin. It doesn't need a middleman to work. LN will make things even easier. Still that's not the main reason I hold bitcoin.
I hold Bitcoin because Bitcoin is a hedge against the whole banking system.
Keeping money out of baking system, being able to transfer your money no matter what. These 2 are enough to make bitcoin a thing. When I transfer money to some other country banks ask too many questions. They can seize your money for no reason. I know the Bitcoins I send will make it to the other side no matter what. I know no government can steal my money from my BTC account.
If you think these are unimportant why are you even here? Gtfo to where you came from.