[ur-whale]

> "protecting value".

Protecting value as in: other people can't take it from me short of physically torturing me. And that'd be assuming they even know I hold any.

Also: I can donate it to whomever / whatever cause I want, whenever I want without anyone, any law or any government being able to prevent me from doing that.

Also: I could be rich, I could be poor, no one knows, even folks in my close social network. My net worth is my business and mine only. Things only become visible when I actually decide to use some of it in the economy.

Bitcoin allows me to do all of the above. Very few other assets do. I consider this very "useful". The price appreciation, as I said, is just "nice to have".

[stnmtn]

As far as I can tell, everything you described (Maybe with the exception of donations) is the exact same as a bank account you don't tell anyone about.

Do banks really start to bother you if you have multi-millions in there or something?

[ur-whale]

> the exact same as a bank account you don't tell anyone about.

You clearly have never been on the business end of law enforcement gone wrong.