[FLT-bird]

Where is the intrinsic value in dollars? They're just pieces of paper. The US Treasury prints more of them all the time. The same is true of all fiat currencies like the Euro, the Yen, the Pound, etc. They haven't been backed by gold for a long long time.

Which by the way, what super valuable thing can you do with gold? Its just shiny metal. Where is the intrinsic value in that?

I know the answer already. It will inevitably be some version of "Its valuable because people accept it as being valuable." But the same is true of crypto.

[ComputerGuy]

I don’t think a single merchant I trade with would accept crypto. They’re all old coots like me.