#Bitcoin is essentially a bet on liquidity conditions.
As #centralbanks continue to print more money, increasing the money supply, Bitcoin stands to absorb this excess liquidity like a sponge.
Its appeal lies in its digital scarcity, meaning that, regardless of its intrinsic value, it can soak up liquidity effectively.
So, forget about whether Bitcoin has intrinsic value. What matters is its capacity to attract and hold value due to its limited supply and unique properties.