Nothing (including gold) has intrinsic value. Value is subjective, it's imputed to goods (gold bars, bitcoins, loaves of bread) in accordance with their expected serviceability in satisfying wants. Value exists in people's heads, it's not some magical essence tied to certain things in the world.
^ This
"Intrinsic value" is rubbish. Before humans roamed the planet, gold had as much so-call "intrinsic value" as sand. Value is purely subjective.
Utility, not "intrinsic value". Bitcoin has remarkable utility.