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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.

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.