OK, 1.48BTC/oz ;) > but countless societies have valued it highly I was not commenting on its value history. I was trying to convey that this value is almost

OK, 1.48BTC/oz ;) > but countless societies have valued it highly I was not commenting on its value history. I was trying to convey that this value is almost entirely subjective, which goes against what one would think "intrinsic value" means. "Expected value" might be better, but that would weaken the argument against Bitcoin.