[arcticbull]

The argument is that as a commodity that is consumed to produce jewelry (52%) and industrial (12%) that there is baseline demand for it, and thus it does have intrinsic value. I don't consider it a worthwhile investment, however.

[koonsolo]

Bitcoin seems to bootstrap its own value: you can store and transfer value, because bitcoin has value.

So as long as its value is > 0, it has intrinsic value.

[arcticbull]

I’d argue that’s still extrinsic.