What is the intrinsic value of Bitcoin?

[GreenHarbor57]

It depends on how to people perceive it. Since it is not treated as a typical fiat, the intrinsic value will differ.

[1714684743]

1714684743

[mikyadel]

Intrinsic value is some term used to convince people their investment is backed by some value that won't expire .However, that's not true .For instance , paper currencies itself don't have intrinsic value and don't tell me it's backed by gold and this crap . it's coming from your belief in that economy . same here with bitcoin and other cryptocurrencies they get value as long people believe in blockchain technology.

[harrybell]

Bitcoin has an intrinsic value which is not like normal intrinsic values. The use of bitcoin is the intrinsic value of bitcoin. It is quite difficult to understand but it can make people careful about how they deal with bitcoin.

[GalacticSight909]

In an unregulated market like crypto market intrinsic value means nothing to be honest. For example, intrinsic value is usually used in the financial terms while defining a share in the stock market. Those shares have trademark value, copyright value etc. which do not exist in crypto market. So, basically Bitcoin does not have any intrinsic value.

[jasonkirbi]

I don’t think there is any intrinsic value of bitcoin. It actually depends on the market. Anytime the situation can be changed. So you cannot say anything that is the intrinsic value of bitcoin.

[Aleksandr_ov]

the value for me is that control goes in the people themselves and how much they are greedy for so much and will grow for transaction

[iPannaPro]

There is not any internal value of bitcoin, there is a direct price of it and its growth and fall, no more than that.

[larrybarg]

Actually,  there is no intrinsic value of bitcoin. Because the price of bitcoin is dependent on blockchain technology. So, it is getting changed all time day by day.

[garybyerz]

I think in case of bitcoin, there is no such value. Supply and demand are the main factors which change the value and price of bitcoin and other cryptocurrencies. That’s why there is no intrinsic value of bitcoin.

[hildacitra]

Based on my understanding and what I have read that bitcoin doesn't has an intrinsic value as fiat currency, the value is determined by the government that why's called fiat currency. Bitcoin is the opposite of fiat currency where bitcoin is decentralized, there is no rule or  determination of the value, while fiat currency have a central in each country and its value is determined by the government, commonly handled by Central Bank in each country. That my understanding about his topic. 

[Thai19]

I think there are three reasons for the intrinsic value of Bitcoin. The first is the cost of creating a Bitcoin. The second is the most commonly used currency in the payment. The third is the oldest virtual currency.

[apitico]

Bitcoin is just the first coin and it is in great demand and confidence, and it is Bitcoin that is the leader in capitalization.

[Hammonds]

A very rare value of around 21,000,000 and is contested by all people in this world.
Certainly it will become rare and become expensive coin.

[florianuhlemann]

bitcoin has no intrinsic value.  for example, gold.  gold is valued as long as someone is willing to give something for it. in this case also