I don’t need to demand “a block” from miners, as they were compensated for securing my transaction. How’s that not value for value? You’re right, it’s not the energy that gives Bitcoin value, but the miners who play by the rules of its protocols, alongside those who utilise the service they provide. Who is anyone to say Bitcoin has no value to the people who are using it daily to survive in SE Asia, Africa and South America? Why does it have to be backed by something redeemable when what I redeemed is the good or service I got for the Bitcoin I spent? “SOMEBODY MUST GIVE IT VALUE SO I CAN GIVE IT VALUE”. That’s total none sense. Bitcoin separates state and money. A decentralised medium of exchange is what the world needs.

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US Federal Reserve Notes "have value" Euro notes "have value" Who are you to tell a billion people in the Western world whose use these notes every day that their notes don't really have value? Well, all you need to be is somebody who can think & realize the notes are an accounting unit divorced from reality. The same is true of Bitcoin.