How are you defining intrinsic value here? By its usage as a financial term or by the dictionary definition?

If cryptocurrency doesn't exist, then neither does anything you've written here. It's all code. You are contradicting yourself by using a blockchain to say that data on a blockchain doesn't exist!

I'm upvoting your comment to give you some non-existent Steem. Please feel free to go out and trade it for something with some "intrinsic value."