> I think HN is going to need a good explanation for this. The value is intrinsic, and can go up without any activity happening... I think you need to explain

> I think HN is going to need a good explanation for this. The value is intrinsic, and can go up without any activity happening... I think you need to explain this. In what way does bitcoin have any intrinsic value? And how can this value go up without activity? A currency with no activity is literally worthless.