Crypto Intrinsic Value

The cluster centers on debates about whether cryptocurrencies have intrinsic value, their worth as currency compared to fiat money, and criticisms that crypto's value is speculative or dependent on fiat exchange.

📉 Falling 0.1x Finance & Crypto
3,912
Comments
16
Years Active
5
Top Authors
#2010
Topic ID

Activity Over Time

2010
2
2011
9
2012
4
2013
72
2014
72
2015
34
2016
34
2017
401
2018
414
2019
172
2020
172
2021
944
2022
932
2023
329
2024
139
2025
182

Keywords

HN SEC one.com BTC ycombinator.com USD wikipedia.org crypto value currency fiat cryptocurrency valuable cryptocurrencies intrinsic value currencies intrinsic

Sample Comments

Vt71fcAqt7 Nov 10, 2022 View on HN

Crypto is worth something in that it can be sold at a higher price. USD is worth something in that at the point where it isn't you already have much bigger problems

rnk Aug 31, 2022 View on HN

Crypto as currency is basically worthless if you cannot find someone to take some and convert it to things with normal values.

vsareto Jun 13, 2022 View on HN

Crypto offers very little in terms of intrinsic value (it's not zero though)

sadeshmukh Apr 3, 2025 View on HN

Isn't that the value proposition of crypto?

nostrademons Oct 7, 2023 View on HN

Crypto only has an opening because all the other functioning currencies are actually just electrons with no intrinsic value whatsoever too.

tomhallett Mar 3, 2022 View on HN

When most people say "crypto is useless", that is rarely about BTC being used as a currency, and is more about everything else in crypto (NFTs, web3, smart contracts, decentralized apps, ICOs, etc). The idea of a currency which has value because people give it value makes sense, regardless of how speculative it is.

eloff Oct 21, 2020 View on HN

You're right.Fiat currency has no intrinsic value itself, but it can be exchanged for things that do. As long as people treat it like it has value, then it does have value.The same can be sort of be said for crytocurrency. But it's a lot less liquid, mostly the only thing you can do with it is trade it for other cryptocurrencies or sell it. It's on much shakier ground that people will continue to view it as having value.My advice, for what it's worth, until people fi

thefounder Apr 3, 2021 View on HN

Crypto without fiat exchange is worthless..am I wrong? Like I would start minting my own illegal currency.

IAmGraydon Dec 28, 2018 View on HN

It seems like you don’t want to hear dissenting opinions because you have a vested interest in crypto and it’s unpleasant to consider that you may be wrong. His opinion is just as valid as yours, and HN exists for such discussion. So, in the interest of hearing both sides, what benefits do you claim crypto provides that aren’t already provided by fiat currency?

mulmen Jan 6, 2018 View on HN

What value does a cryptocurrency bring that cash does not?