Or that it is a critical part of the plan for taking down the system/CB?
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What else can it buy? Bonds, land, crypto, numismatics, IOUs, other countries' cash, political "investment" (bribery, school curricula, legislation), venture stakes, etc. And occasionally, such as during incipient or ongoing market-crashes, cash is worth the most (aside from put options, of course).
The Big Club rotates.
100% of the time you think that the guy on the other side of your trade has no other options, you are 100% wrong.
I do like some alt-coins. (BtC is a gatekeeper sow.)