1: A Functional Tool
For sensible people only, for example, breaking down a door to rescue some trapped childrens from...something, i don't know.
2: A Whimsical Toy
For stupid people only. I knew a guy who liked to use his axe to chop up bits of burning wood from his fires. He got quite a lot of nasty burns in places you don't want ANY burns by doing that. No, Just No... I don't know if he likes to do it anymore. I'd guess no.
3: For the Sheer Coolness
Which is why I want it!
Step 1: Step 1....Find the Stuff
1: An Axe
2: Some Fire, or;
3: SomeThing that can be turned into Fire
Obviously, you don't want to be walking around with a handful of incandescant pain. I reccommend 3, really.