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Why do 🐲dragons like, hoard and guard gold?

Solution
"Why do dragons hoard gold?
I think the hoard of gold was there first, in the Nibulingen saga giant Fafnir collects the Rheingold and it is his greed that turns him into a dragon. It is the greed that makes the dragon. Tolkien did of course knew this when he created his dragons. And I think to remember that there was an explenation given somewhere, that gold was the only sustance that was resistant against the internal heat of a dragon and the only substance the dragon could rest on. Making a dragon a very lethal version of the Princess on the pea.
 
Why do they hoard/guard gold?

Peter Dickinson in his wonderful-tongue-in-cheek book 'The flight of Dragons' argues for the belief that dragons really existed. Clearly, he argues, an animal that big couldn't fly in the same way that birds or bats fly as the surface area of the wing could never be sufficient to carry such weight. Instead he proposes that they were lighter-than-air animals buoyed up by internal cavities filled with hydrogen and effectively 'swimming' through the air. They would need to safely dispose of excess hydrogen to prevent a potentially explosive build up in their caves. This was done by burning it off, hence the idea that they 'breath' fire. The method of ignition he proposed was chemical; dragons secrete a substance which ignites the excess hydrogen.

I hope you're still following

Anyway this noxious secretion, often mistaken for blood in the old sagas reduced the land around the dragons lair to waste and would have left the dragon himself sleeping in a disgusting swamp unless he lined the floor with something chemically non-reactive, a big pile of gold and precious stones for example.

QED.
 
"The Faerie Queene," by Edmund Spenser, has as its Book I climax one of the greatest fights with a dragon ever penned. It must be read to be believed.

There's a memorable dragon scene in "The Voyage of the Dawn Treader," by C. S. Lewis. Also in "The Wizard of Earthsea," by Ursula K. Le Guin, and of course, Maleficient in Disney's "Sleeping Beauty" [1959].

Now, this is not political, but a statement on greed and miserliness in general... you could say that a dragon, hoarding what he has absolutely no practical use for, is a metaphor for greed being not only fierce but also, above a certain threshold, useless.

Oh, and who could forget Madam Mim, in "The Sword in the Stone" [1963]?
 
I think it’s been discussed elsewhere on this forum that dragons hoarding and guarding gold is a metaphor for powerful, greedy people who seize the wealth of others and, as if they were dragons, lie upon their bed of gold, for which they have no use. Tolkien pushes the metaphor a little farther to make them ignorant as well:

Indeed they hardly know a good bit of work from a bad, though they usually have a good notion of the current market value; and they can’t make a thing for themselves, not even mend a little loose scale of their armor.
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But they’re deadly if crossed, and like Smaug, will miss the least bit of their hoard. And of course, they also “eat” maidens, metaphorically that is.

Jordan Peterson argues that descriptions of dragons are a combination of the physical characteristics of the things that ate our biological ancestors: snakes, large predatory birds, large lizards like crocodiles, and predatory mammals like lions.
 
D. H. Lawrence has much to say on them too, their symbolic nature, in his last book, "Apocalypse." Symbolic for the bad and good, of the fiery part of our natures.
 
I find it interesting that in Chinese mythology, the dragon is viewed much more positively than in the west (but not always). But I must confess that I am utterly ignorant of any details of this Chinese mythology, this is second-hand information at best.
 

I actually wrote about it some time ago:
 
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