They use sacrificial metal on the bottom of boats to prevent corrosion.  While this question was not about corrosion, I think that the copper might work the same way so that the algae forms on it and not in the rest of the waterer.  Heck I don't know....it sounded so much better and so much more relevant  in my head 
		
		
	
	
		
	
	
		
			
		
		
	
				
			
	
	