Define “intrinsic value” and how gold has it.
Discussion
I would define intrinsic as an objective property that makes something desirable for consumption.
Gold is shiny, which makes people want to wear it.
Gold is both electrical conductiv and doesn't rust which make people want to use it in electrical devices
Neither of those utility aspects gives gold its qualities of sound money.
there is no such thing as objective outside of mathematics
bitcoin's immutable supply schedule is an intrinsic and has value too
"intrinsic value" is a property of everything, it just depends on who you are whether that is a negative or positive value
shit has an intrinsic value too... to plants and bacteria