I was just listening to let's talk bitcoin and it was mentioned that gold has intrinsic value whereas bitcoin doesn't and how people viewed it. Ultimately nothing was resolved and to the outsider listening in it seems that a conversation about intrinsic value is a conversation about semantics at best and philosophical rhetoric at worst. Ultimately, the whole idea of intrinsic value is a waste of time and adds nothing to the conversation for bitcoin or gold.
Maybe the only things that have intrinsic values are the atoms that make up our world and us as without them we have nothing and don't exist. So I guess on that point gold... fuck.