No Intrinsic Value

I think one of the laziest arguments against Bitcoin is the 'no intrinsic value' statement.

Ive been bickering with GPT over three glasses of wine to better understand the lens through which people make this argument.

My end take away is that anyone making this statement has no idea what they are talking about, and are simply puppeting a type of corporate buzzword speak.

Outside of the financial world I first learned of extrinsically motivated people to focus on external rewards (such as money), and intrinsically motivated people to be more value based (such as volunteering at a soup kitchen).

I'll stop there, but anyone care to represent Bitcoins lack of intrinsic value? Arguing for fun here.

Submitted December 23, 2023 at 05:18AM by MrFatwa https://ift.tt/xuwVCFd