In finance, intrinsic value of an asset usually refers to a value calculated on simplified assumptions. For example the intrinsic value of an option is based on the current market value of the underlying instrument, ignoring the possibility of future fluctuations and the time value of money.
Intrinsic value, according to early results on duckduckgo. That's a wide definition, could you elaborate as to why gold and silver has this property but not cryptocurrency?
And how would you guarantee that asset A backed by B, wont just end up as a fraction of B that keeps shrinking, just like the dollar did during all the time it was backed by gold.
Let's face it, "backed by" simply won't work. It's like communism, looks good in theory but won't work in reality. Whatever medium of exchange we use must have intrinsic value in itself. Cryptocurrency is the only digital asset that has intrinsic value, gold and silver has it too.
The enemy is the banking cartel, the federal reserve, social credit and sleepy Joes handlers.