Solid take, I’m on board.
I guess if the consensus is yes, and we can say that bitcoin would STILL have value/purpose in an economic environment where the money is hard, then that only means one thing-
No one is bullish enough. Especially those who have yet to realize bitcoins face-value benefits.
It’s impressive how many times I have heard “no intrinsic value” being said by so-called experts who did not actually study more than headlines, and miss these valuable concepts.
It’s just buzzwords that talking heads pass down to whatever group of people still listen to them.
I prefer the Austrian economics take on value, no such thing as intrinsic value. Price is always directly correlated to how we value something’s uses
