At a very high level, a crypto currency is just a digital asset that I can prove I own and cannot be taken away from me (without force, deception, fraud, etc...) It's value is derived by other people wanting ownership over the digital asset. The more they want it, the more Federal Reserve notes they are willing to trade for it.
Why not define bitcoin's intrinsic value?
Along with what I just said, part of it's intrinsic value is it's scarcity. It is guaranteed to be limited to 21 Million. Unlike Federal Reserve notes and even unlike gold. If a meteor crashed tomorrow that contained 100 tons of gold, the value of gold would immediately tank. (not that that is very likely)
Why not explain how the economy is now pricing everything in bitcoin?
Not sure what you mean here.
Why not show us the historical record of bitcoin's use as a currency? Why not show us where a majority of the population is willing to accept it as pay for goods/services?
I don't think Bitcoin will ever be able to be used as currency. Maybe an alt-coin will but I'm not too sure about that. I think Bitcoin's true calling will be as a store of value.
At it's fundamental level, it's a line of computer code, I grant you it's a line of computer code that has been monetized, but still just a line of computer code.
part of it's intrinsic value is it's scarcity.
Not so scarce when you can just hard fork it and start a whole new bitcoin.
It has hard forked 7 times just in 2017, and that's with them purposely slowing it down.
BTC Coin Splits:
Bitcoin Cash (Forked at Block 478559[1], 1 August 2017)
Bitcoin Gold (Forked at Block 491407[2], 24 October 2017)
Bitcoin Diamond (Forked at Block 495866[3], 24 November 2017)
UnitedBitcoin (Forked at Block 498777[4], 12 December 2017)
BITCOIN HOT (Forked at Block 498848[5], 12 December 2017)
BitcoinX (Forked at Block 498888[6], 12 December 2017)
Super Bitcoin (Forked at Block 498888[7], 12 December 2017)
Not sure what you mean here.
When bitcoin was launched it was to be the new currency that people are going to use to buy and sell. Now, it's no longer that. Now all of a sudden were to believe it's really just a place to store your wealth. But there is counter-party risk even to that.