The critics of Bitcoin are actually right about one thing:
Bitcoin has no intrinsic value.
You can’t eat it.
You can’t live in it.
You can’t use it for energy, shelter, or food.
But here’s the uncomfortable truth most people stop short of acknowledging:
Neither does fiat money.
Dollars, euros, pesos, yen — they’re all just numbers too.
They don’t have intrinsic value.
They represent claims on power, coordination, and trust.
Fiat money is political. Its value depends on governments, central banks, and human discretion.
Bitcoin is different — not because it has intrinsic value, but because it removes discretion.
Bitcoin doesn’t ask you to trust a person, a board, or a country.
Bitcoin is a system of rules without rulers:
-21M fixed supply
-Transparent monetary policy
-No central authority
The best money in history has always been the money that was hardest to change.
Gold held that role for centuries. Bitcoin holds it in the digital age.
So yes — critics are correct: Bitcoin has no intrinsic value.
That’s exactly why it works.
If you’re new to bitcoin, this episode is for you.
Kyle Huber 