[eric_cc]

> You'll have to forgive me if I disagree that "mindblowingly amazing" constitutes "intrinsic value".

100% agree. I did not mean to argue that the value is in the fact that it is amazing. The value is in the trustless money network.

[Godel_unicode]

You keep using the word trustless, but Bitcoin is at best no more trustless than any other currency. You are falsely equating your balance not being able to be arbitrarily changed with it's value being stable. Only the latter (spending power) matters for a currency.

Bitcoin requires you to trust at least three things: Others will exchange it with you. Governments will not make holding/using it illegal. It will not lose it's value overnight. There is absolutely no reason to believe these will continue to be true.