No, non-monetary value of Bitcoin is in ability to store a proof of anything in its blockchain without trusting any third party. E.g. timestamping documents, re

No, non-monetary value of Bitcoin is in ability to store a proof of anything in its blockchain without trusting any third party. E.g. timestamping documents, registering contracts, registering intellectual property etc. See more here: http://blog.oleganza.com/post/42262765318/direct-use-value-of-bitcoin http://blog.oleganza.com/post/42262765318/direct-use-value-o... PS. "intrinsic" value does not exist in anything. Value is something that people put in things. Nature itself has no meaning, values or purpose. It's we, the actors who make the choices and valuations.