Bitcoin Intrinsic Value Definition – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Dr. Rettler is an Assistant Professor of Philosophy at the University of Wyoming.

In this essay, I want to clarify and respond to a prevalent claim regarding bitcoin: that “bitcoin has no intrinsic value. “Two preliminary things to note. First, this is not used merely as a normatively neutral descriptive statement; it is stated as a criticism. It usually appears in the following type of argument, often without premises: it is bad to lack intrinsic value. Bitcoin lacks intrinsic value. So bitcoin is bad. Or maybe: it is not worth investing in things that lack intrinsic value. Bitcoin lacks intrinsic value. So bitcoins are not worth investing in.

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