Excellent post! Glad to see you on Steemit. :)
I still think value is subjective and only determined in the moment of exchange, so even gold doesn't have "intrinsic" value beyond its potential for value due to unique properties enjoyed via its position on the periodic table. I like this one though. I'll resteem it and hopefully get you some new followers.
It reminds me words of Andreas (Antonopoulos) - If I would have a chance to name blockhain, I would call it a bit different:
A TrustNet