No value? That's not for you to decide for others. Value is subjective. Bitcoiners should especially know this.
Are you someone who wants strong default privacy, real world fungibility, and very cheap tx fees? #Monero
Discussion
"Value is subjective" that's correct, I'm not deciding for others, mine is just an opinion. Here we are talking about a monetary unit of measurement, it is
more an objective thing. It is like saying that measuring something with arms length is better then using a fixed unit like a meter. You can prefer your arm way but in the long run we already know what is going to be the more effective tool.
Value is subjective but remember the frog in the pond story. Give value to the wrong things and you won't survive.
The measurement analogy breaks down when you realize:
1 BTC =/= 1 BTC because it is not fungible irl - unique histories mean each bitcoin is not indistinguishable from the other, they are taintable, and potentially have differing values. 1 meter must = 1 meter
21 million as a standard is also not true either. Yearly lost coins can never be accurately accounted for. It's not a fixed unit. It's like a meter that is ambiguous or constantly changing.
These are not my arguments. I'm just trying to follow your line of logic.
Ultimately, Bitcoin has certain properties that make it excel for certain use cases. Then there are a few alts, like Monero, that have properties that are better suited for other use cases that Bitcoin or other L2s cannot achieve or are less ideal. Unless Bitcoin hardforks, which would invalidate the strengths of it's previous use case. The abstracted nature of L2s sacrifice one or more of L1 core aspects like self-custody, permissionlessness, p2p, finaly settlement, etc.