[Manuel OKelley]

I mean it represents a lot of burned energy creating it with no intrinsic value —obviously fiat currencies don’t really have any intrinsic value either but are generally accepted in society enough to be useful in exchange for things I need.

I have a bit of crypto for speculation, if I had a lot more wealth to diversify I might have more for contingencies but

[E. Pluribus Unum]

...obviously fiat currencies don’t really have any intrinsic value either but are generally accepted in society enough to be useful in exchange for things I need.

Bitcoin is "generally accepted" by Black Rock, Fidelity, Bank of America, Wells Fargo, et al as well as companies that accept Bitcoin as payment.

https://finance.yahoo.com/news/15-major-companies-accept-bitcoin-155558584.html

Just saying.