Does Bitcoin Have Intrinsic Value?

Learn to buy anonymous Bitcoin:
https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoin

In this video, I discuss the various definitions of "intrinsic value" in finance to see what applies to Bitcoin.

I conclude that there is no such thing as "intrinsic value" in finance. Options can have intrinsic value if they are in the money, but commodities, stocks, etc. don't really have an intrinsic value.

They might have a cost of production or a market value or a utility value, but not an intrinsic value that can be easily defined or agreed upon by everyone.

Bitcoin may not have intrinsic value, but the market clearly finds it valuable and has done so for many years now. People who think that they know better than the global market and that Bitcoin is worth zero are suffering from intellectual myopia and probably haven't done their research.

Bitcoin is an extremely robust global monetary network, as well as a digital commodity without a corporate or government issuer.

Bitcoin has verifiable scarcity that is enforced by various equilibria conditions that harness human greed for human good.

Bitcoin is the only bearer asset in the world that can be instantly zapped anywhere in the world.

Bitcoin allows human beings to send value to each other digitally and store that value without needing permission or help from a government or bank or other corporation.

If that's not intrinsic value, it is certainly utility value.

If you don't think that Bitcoin has utility--

It is probably because you live in a country with a strong rule of law, strong property rights, a relatively stable banking system, etc. and you're suffering from the worst kind of first-world privilege and myopia.

Even very civilized places are usually only a few steps away from fiat breakdown and total societal collapse, as we've seen with Lebanon and Turkey recently.

Bitcoin offers hope to the world.

Not investment advice! Consult a financial advisor.

Answering Common Bitcoin FUD:
https://www.youtube.com/watch?v=htQHHxKTgYg&ab_channel=BitcoinUniversity

How much it costs to print dollars:
https://www.investopedia.com/news/fed-will-print-more-50-bills-year/

Using rare comic books as a store of value:
https://www.lovetoknow.com/home/antiques-collectibles/rare-comic-books

Using beanie babies as a store of value:
https://parade.com/1172319/stephanieosmanski/most-valuable-beanie-babies/

Using fine art as a store of value:
https://en.wikipedia.org/wiki/When_Will_You_Marry%3F

The Fed has destroyed the US dollar's purchasing power:
https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-US-Dollar.jpg

Lebanon demonstrates why the world needs Bitcoin:
https://www.aljazeera.com/news/2022/10/7/lebanese-banks-to-close-indefinetly-reuters
https://www.ft.com/content/f37617e1-098b-459f-9502-50ffb50c6c0c

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

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#IntrinsicValue

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