It seems to me that in the context of the Bible, either many gods exist or no gods exist. Hear me out. [Spirituality & Religion]

If the god of Abraham was a real being and all other "gods" were false then why would there be any competition? Why would god have devoted one of only 10 cardinal rules that he handed down to humanity to not worshiping other gods? Surely that would be a waste of time because fake gods of wood and stone could not actually perform miracles the way Yahweh could and people would quickly abandon them.
Furthermore, if the god of Abraham is really slaughtering the enemies of his people by the thousands and parting oceans and so on...why are people still putting up Asherah poles? And why are they doing so again and again even after God has ostensibly proven his power?

So that brings us to the "no gods exist" interpretation. Of course other religions would have had stories and legends about their own gods and believe that their gods were guiding and protecting them (otherwise what is the point of believing in a god?).
Since that belief could not [i]possibly[/i] remain if their gods did nothing and the god of Abraham kept doing miracle after sign after plague, isn't it reasonable to conclude that actually that's all propaganda and that the god of the Israelites was doing just as much/as little as the gods of surrounding nations?

Thoughts?