Many people say that bitcoin does not have intrinsic value, they typically compare it to gold and say at least you can make some jewelry using gold
Value comes from demand. If someday, people's preference changed and there is no demand for gold jewelry, then gold will not have intrinsic value anymore
Bitcoin's intrinsic value also comes from demand, maybe it is difficult to see the demand for a single bitcoin, but the whole bitcoin network can satisfy 2 major demands:
1. Securely store value in a digital form
2. Securely transfer that value worldwide instantly
I have refuted both of these points already. That you cant grasp it shows how much emotional capital you have invested in this bubble. You WANT to believe bitcoin has value because you own it. You cant see straight. Again you fail to differentiate between price (what something costs) and value (what you get).
1. It is not a store of value as it has not value on its own.
2. As it has no value you are not transferring value when you transfer bitcoin.
You can do NOTHING with bitcoin except dumping it on the next guy.
This is a classical pyramid scheme.