But where is the value of BTC in the absence of trading?
If you have 10 gold bars and you don't sell them in your lifetime and you exchange them for the things you need to live on and you pass them on to the next generation that's an inheritance of culture rather than a manifestation of value
We can understand and learn the culture of BTC and even develop it again. However, as a virtual currency, BTC is valuable and meaningful only when it begins to circulate, rather than being placed in the home like an old antique for future generations to admire
It's only valuable if it's in circulation. Isn't that what you have in your BTC?
The value of bitcoin lies in its scarcity, and If everyone has Bitcoin unfortunately it would not be valuable because everyone has it. The example that you have given about the gold bars if they are passed on from one generation to another, as the supply and availability of gold reduces, the value will massively increase, and this is the concept behind holding and why many investors have refused selling off their bitcoins because they know that the longer they can hold it the more the value it has, so at the end of the day it's a matter of who is able to hold the longest, so that when Bitcoin finally becomes scarce they have enough in their holding to sell off a little to those who need it and make huge profits.