Bitcoin's "intrinsic value" is really value unto itself for the most part, at this point in time. Maybe in the future it'll be used more as a currency, and we've seen that with Tesla, Bovada, etc., but I don't think most governments will allow such a threat to their currency without additional controls.

> Also, "blockchain" is just a data structure that has practically no use besides bitcoin.

I've always felt the other way around actually; I think blockchain will be used more widely and longer-term than Bitcoin. Blockchain as a technology has already been invested in and deployed by firms like IBM and JPMorgan.