"Bitcoin has no intrinsic value."

This is one of the main arguments against Bitcoin.

Today, I stumbled across a great response to that argument by Reggie Middleton, creator of Veritaseum.

Check out the video below, He begins the explanation at the 2 minute mark in the video.

More info on Veritaseum here:

https://veritas.veritaseum.com/

https://veritas.veritaseum.com/

https://bitcointalk.org/index.php?topic=1887061