Bitcoins also require (obligatory!) labor to issue. Perhaps this is hard to believe but it is really how it is designed and why so many of us Austrian economist anarcho-capitalist/libertarians and gold bugs(85% of my savings is in gold), who have the needed technological know-how to be able to understand exactly how it works, trust it.
Do you think I'm stupid? I spent 2 weeks non stop examining it, reading their forum, asking the devs questions before I decided to trust this technology.
But it's ok, you don't have to use, you don't need to change, you can go extinct. Just please, stop spreading misinformation about something you lack the necessary knowledge to properly understand. Thanks!