> A good investment does need intrinsic value, which BTC does not have. Agree, USD is also not a good investment but it is still widespread to have some USD.

> A good investment does need intrinsic value, which BTC does not have. Agree, USD is also not a good investment but it is still widespread to have some USD. > It's also not a feasible payment system. Disagree, it is used (not widely) but without issue for payments all the time. It isn't a feasible payment system for every single transaction, but that is a ridiculous goal. There is no payment system that is feasible for every payment. > The fact that cryptos are only referenced in USD terms proves that the only real use people have for them is a vehicle of speculation No, it just proves that they haven't succeeded in taking over the incumbent fiat currencies. Stocks are also most commonly referenced in USD prices, and they are not merely vehicles of speculation.