But where is the value of BTC in the absence of trading?
Well, I think this is interesting if you want to know. BTC will always exist as long as there is demand and supply, apart from that there is an intrinsic value contained in it as a Payment and Transaction Tool and of course this is very useful where the technology and Blockchain Innovation have a big impact in terms of sending money for example and it is also an alternative others in the current financial system.