I personally do not know what will happen to the entire Crypto market, but it seems it's about to be heavily shaken up in the coming weeks.
Reddit is killing off all 3rd party apps within the next week or two. I expect a mass exodus of users there shortly after. Reddit is by far the most popular place to go for crypto news.
Binance is now being sued by the SEC. They are the #1 crypto exchange, and we all know how dirty CZ and Tether are.
The perfect storm is now coming for Crypto.
Let's see if any coins/platforms survive it. I know many here are dug into the sand on both sides, I think we are getting that answer soon on what will happen with Crypto, and it's potential role in the future.
I personally think a few will remain, but I can also see it going the other way too, it all goes POOF.
Agreed. It has useful security features. That's what has been said in the exchange that you are commenting on. While I didn't give details, those features are implicit in the specific quote you cited.
None of that gives it effective intrinsic value however. "Intrinsic value" means that it can be used to produce something. The "bookkeeping value" of Bitcoin does not give it value in any meaningful way because it can exert it's value through any amount of exchange, and it is effectively infinitely divisible. If you exchange a whole Bitcoin or one trillionth of one, its security effects are identical, thus, while to say its value is zero would be wrong, it is effectively zero, and will never increase, because its "scarcity" will never change with respect to its use (it is an "infinite resource" with respect to its ability to be productive).