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
One of the processes of getting Bitcoin is by buying from a seller via an exchange.
Supply and demand determine the value of Bitcoin.
Bitcoins number 21 million. Day by day the supply circulation is getting closer to the total supply. We ask where a large number of the 21 million Bitcoins are, in inactive or lost wallets, in private wallets held by their owners.
In the aspect of assessing value that you compare with gold, yes Bitcoin is an inheritance that needs to be passed on if it does not have the opportunity to be owned by someone as the initial owner before being inherited.
Bitcoin circulation is not the same as fiat currency when the annual printing period can be increased according to needs.