What is the intrinsic value of bitcoin............well the valuation is all over the place and the reason why is simple. Jamie Diamond of JP Morgan stated he believes there is ZERO intrinsic value to Bitcoin. He may actually be right because the coin itself is not worth much at all. It is really a service and seriously what service is worth that much of money. The only characters who want to see Bitcoin survive and prosper are greedy people and the cartels especially the cartels because they have found a way to clean their money for free and not have to pay the greedy croooked bankers 20% to wash it.