[dcist]

Also, you can pay taxes with fiat currency.

[mahogany]

You must pay taxes with fiat currency.

[bluecalm]

Taxes and especially paying loans back starting from banks, businesses to mortgages.

[spiralx]

And use it to participate in the economy to obtain little things such as housing and food. Not to mention a computer and an internet connection.

[olalonde]

Intrinsic value in this context would mean something's value outside of its exchange value. Both fiat and Bitcoin have arguably very little to no intrinsic value within that definition.

[spiralx]

I was talking about its utility, not value. The whole point of a currency is being useful, not in being valuable.