> in the end, "inherent value" is just a concept created through abstraction This is only true if you look only at things through an economic lens—which is a m

> in the end, "inherent value" is just a concept created through abstraction This is only true if you look only at things through an economic lens—which is a mistake, because inherent value is, fundamentally, what something is worth separate from its economic/trade value. Remove the economy from the equation entirely, and you will see which things have true inherent value. Gold has value because it can be used to manufacture electronics, and because it is pretty and people like to look at it. Art has value because it is a medium of expression, and again, because people like to look at it. Stocks, at least in their earliest form (before they became primarily an economic engine), have value because they give you part-ownership in—ie, part-control of—a company. Remove the economy from the equation, and Bitcoin has nothing. It is purely an economic construct. Thus, it has no inherent value.