06/10/2025
“Bitcoin has no intrinsic value.” 💥
Let’s dissect this pseudo-intellectual cope:
➡️There is no such thing as intrinsic value.
➡️Value is not a property like mass or charge.
It is relational, emergent, and entirely dependent on context, preferences, and systems of exchange.
🪙Gold doesn’t have "intrinsic value" because it’s shiny.
💰Dollars don’t have "intrinsic value" because the Fed prints them.
Oil doesn’t have "intrinsic value" because it burns.
They have utility under certain systems - and value emerges as societies coordinate around that utility.
Bitcoin’s "utility" is that it allows perfect, trustless, seizure-resistant, borderless final settlement of capital.
Its value emerges as more people realize that utility is extraordinarily scarce and extraordinarily necessary in a world of decaying fiat trust.
The fools screaming "no intrinsic value" are conflating ontological value with pragmatic adoption curves.
They cannot distinguish between:
✔️An object’s physical traits
✔️Its economic role in a networked system
and the resulting market valuation from collective preference.
Bitcoin’s monetary properties (fixed supply, censorship resistance, programmability, transportability, auditability) give it the highest monetary utility ever engineered.
That utility drives adoption. Adoption drives demand.
Demand drives price.
That’s called value formation.
➡️Their common cope #1:
"It only has value because people believe it does."
Response: That’s true for everything.
Gold, dollars, real estate, art - all are valuable because humans coordinate around their utility. Bitcoin’s utility happens to be monetary sovereignty.
➡️Their common cope #2:
"The code can be copied, so it’s not scarce."
Response: You can copy Bitcoin’s code, but you can’t copy its network, miners, liquidity, or global settlement layer.
Scarcity exists at the network consensus level - not at the codebase.
➡️Their common cope #3:
"It doesn’t produce cash flow like stocks."
Response: Neither does gold, nor fiat cash.
Monetary assets store value, they don’t need yield to function.
Bitcoin’s ‘yield’ is permissionless final settlement without counterparty risk.
The irony? Every asset functions this way - including the fiat they ironically worship.
The only thing Bitcoin lacks is legacy metaphysics propping it up.
Which is exactly why it's superior🔥
