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People often say Bitcoin has no intrinsic value. I think the value of Bitcoin is in its utility. Then people say there is no utility in Bitcoin. Can you guys tell me if my assumptions/perspectives below is correct?

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1) it is the first digital limited divisible asset in human history. The significance of this cannot be overstated.

2) Bitcoin makes it so much easier for me to transfer funds across the planet so fast and so cheap that the balls of banksters are trembling in their girlfriend’s panties.

3) nobody can unilaterally change the rules of Bitcoin unlike central banks can with their fiat.

4) I can take my funds across different geographies either by storing the recovery phrase in my brain or leave it in my phone. This is a problem for people with a lot of money. If you don’t have a lot of money this is not a problem for you.

5) instead of buying fine art, collectible wines, real estate, gold, or anything physical, I now also have an asset class that is purely digital as an option to store my wealth.

Would appreciate additional thoughts/perspectives. Thank you.

submitted by /u/FutureNotBleak
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