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Intrinsic Value

Bitcoin Reddit

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I always lose my hair when this conversation pops up in real life. “Bitcoin does not have intrinsic value”

Well, does gold actually? Every year more and more fields get discovered, basically losing the scarce principle. Silver idem dito. Stocks, well, companies provide a product that can cease and desist tomorrow, losing “intrinsic” value. Bitcoin does the same as stocks, provide a meaningful service in the form of payment and wealth storage.

In your opinion, does gold, silver and stocks have intrinsic value at all?

submitted by /u/MozkovicNL
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