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Comment by nightski

4 years ago

I don't think it is a meaningful distinction. Money itself might not have value, but the miners and nodes are providing value by ensuring the integrity and security of the blockchain.

But more to the point, when I said "intrinsic value" I meant value relative to goods/services. Where as when I used "extrinsic value" I meant relative to other "money" such as fiat. Maybe it was a poor choice of words.