So tying the dollar to the gold standard is meaningless, because paper money is in itself intrinsically valuable? I thought the dollar was fiat [1], i.e. withou

So tying the dollar to the gold standard is meaningless, because paper money is in itself intrinsically valuable? I thought the dollar was fiat [1], i.e. without intrinsic value. Just like bitcoin. [1] https://en.wikipedia.org/wiki/Fiat_money https://en.wikipedia.org/wiki/Fiat_money