I cant get around the fact that bitcoins are "created" by "mining", which seems to be software/computation activity.
In the non-bit world, we always convert one form of value into another, like wood, gold, oil, effort to make things out of these ... looks like mining is creating bitcoins, why is a value in hard currency attached to mining which translates to bitcoin ? but if no one wanted the mined bitcoin, wouldnt it become useless
Isnt it like saying , dollars are hidden in a packet , if you can open the packet you get dollars .... but such dollars cant come out of thin air, someone used something to create the dollars that he put inside the packet. What is the source of truth of bitcoin, how did bitcoin come into existence without backing from hard currency ???