To believe that Bitcoin has no intrinsic value means: 1. Believing that having a decentralized, global payment and settlement network outside the conventional financial system has no value. 2. Believing that having a way to protect your purchasing power from inflation has no value. 3. Believing that being able to store your wealth without counterparty risk has no value. 4. Believing that the ability to send $5 or $50 million anywhere, anytime, with minimal fees has no value. Yet, people say bitcoin has no utility or value.
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