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Does Bitcoin Have Intrinsic Value?

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Experts often debate the intrinsic value of Bitcoin, and some (especially detractors) believe it does. Bitcoin can be categorized as a monetary asset that can store value, like fiat currencies like USD, EUR, Naira, Peso, IDR, etc., whose value is determined by the dynamics of supply and demand. The following are fundamental values that can be used to determine Bitcoin's intrinsic value:
1. High security
2. Scarcity or limited quantity
3. Decentralization
4. Data and transactions are immutable
5. Utility
 
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