3 ms·
The intrinsic value in Bitcoin is whatever someone is willing to do for it. Just like with beads, USD, or gold, it has intrinsic value if someone is willing to
by mitochondrion 13y ago
The intrinsic value in Bitcoin is whatever someone is willing to do for it. Just like with beads, USD, or gold, it has intrinsic value if someone is willing to trade their possessions or labor in exchange for it.
- malka 13y ago(not a native english speaker) I would think the intrisic value would be the value that the item holds, even if no one is willing to trade using it. For example, water has an intrisic value : I can drink it.