Reason[5]: Bitcoin has No Intrinsic Value Fiat so-called currencies such as USD and Bitcoins have ZERO Intrinsic value, which means that you can not use them for anything else except as a so-called partial medium of exchange. You can’t eat paper or bitcoins, you can’t make tools using them, you can’t use them for any industrial purpose unlike Gold or Silver. In their true, original, physical or virtual form all fiat currencies have no inherent value except the speculative trust build in the eyes of the beholders. Bitcoin fanatics argue that even Gold has no intrinsic value. It is just a stone that people treat as precious because of the trust people have build upon it over thousand of years. I have already explained how irrational this thinking is, which is a clear proof of how brainwashed and hypnotized bitcoin community is. Read these 10 reasons why Gold is so valuable . Without Gold and Silver, bitcoin mining would have been just a dream! 2.24 2.23 2.22 2.21 2.20 2.19 2.18 2.17 2.