The software can be duplicated but the network of devs, users, validators, etc is harder to duplicate. The intrinsic value of ETH is to use it to pay for tran

The software can be duplicated but the network of devs, users, validators, etc is harder to duplicate. The intrinsic value of ETH is to use it to pay for transactions on the Ethereum platform. These transactions are used to form dApps that can be run without censorship. I would have said the value of that is TBD but now I'd stay that some minimum value has been determined (ICOs, DAOs, the Dai system, games, etc.)