Time and energy are the only forms of pure value, the rest are derivatives. Bitcoin is both. It takes a certain amount of energy and time to mine 1 BTC so every coin is a representation of both variables.
Bitcoin is just a unit of account and a store of time and energy and like both, it's finite and scarce.
Bitcoin, like gravity, wasn't really created, it was discovered. It's just a clever way to accumulate energy into monetary value.
Fiat money can be created and destroyed because it has no intrisic value.,it's not backed by anything and it can be printed infinitely by pressing a button. Fiat money is not money because it has not constraints and does not represent time or energy. That's why it's fake money.
Fake money can be created or destroyed, real money like bitcoin or gold, can not.