It's useful if you want to track down an executable! For example, if you're performing an Arch Linux install for the first time in years, and you notice that a program is missing on your install but present on the installation media, you can use `which` in combination with `realpath` and `pacman -Qf` to find out what you need to install to get it. (This happened to me a couple days ago, when I decided to really revisit Arch for the first time in over a decade.)

Also, `command -v` reporting builtins is kinda against the spirit of the `command` command in the first place. From, for example, the bash help:

    $ help command
    command: command [-pVv] command [arg ...]
        Execute a simple command or display information about commands.

        Runs COMMAND with ARGS suppressing  shell function lookup, or display
        information about the specified COMMANDs.  Can be used to invoke commands
        on disk when a function with the same name exists.

        Options:
          -p    use a default value for PATH that is guaranteed to find all of
                the standard utilities
          -v    print a description of COMMAND similar to the `type' builtin
          -V    print a more verbose description of each COMMAND

        Exit Status:
        Returns exit status of COMMAND, or failure if COMMAND is not found.

Or in the ksh manual:

       command [ -pvxV ] name [ arg ... ]
              Without  the  -v  or  -V options, command executes name with the arguments given by arg.  The -p option causes a default path to be searched rather than the one defined by the value of PATH.  Functions will not be searched for when finding name.  In addition, if name refers to a special built-in, none of the special properties associated with the leading daggers will be honored.  (For example, the predefined alias redirect=′command exec′ prevents a  script  from  terminating when  an invalid redirection is given.)  With the -x option, if command execution would result in a failure because there are too many arguments, errno E2BIG, the shell will invoke command name multiple times with a subset of the arguments on each invocation.  Arguments that occur prior to the first word that expands to multiple arguments and after the last word that expands to multiple arguments will be passed on each invocation.  The exit status will be the maximum invocation exit status.  With the -v option, command is equivalent to the built-in whence command described below.  The -V option causes command to act like whence -v.
              

and so on.