You don't see intrinsic value in bitcoin as a commodity. But what if I told you that controlling bitcoin token gives you right to make a new data entry in a glo

You don't see intrinsic value in bitcoin as a commodity. But what if I told you that controlling bitcoin token gives you right to make a new data entry in a global, immutable ledger which cannot be censored and does not have to be maintained by a 3rd party. This can be used for example to do proof of existence, proof of publication or storing hash of important information "forever" (book keeping). This definitely has value for some. And this useful property is to bitcoin as conductivity is to gold. It does not dictate its monetary value, it determines its lower-bound value as a digital commodity.