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You've only claimed it had value to Uncle Sam here, we're far from “intrinsic”.

It seems like a lot of people parse "intrinsic value" as "value".

How is that a value? Even if it is a value in some bizarre universe, it's not intrinsic, but an external one.

Once again there's this ridiculous "intrinsic value" / "value" dichotomy.

So then what, is your definition of "intrinsic value" that a recognized government accepts it as their official currency and exchanges bail bonds for it?

That's incredibly arbitrary.