you can have something worth value that is not physical. Bitcoins value is what the network Is capable of doing, which is swapping to other currency in its respect and providing a store of value that cannot be manipulated by inflation.
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That still doesn't mean it has intrinsic value. I think you should study what that means instead of answering reflexively.
its very nature to prove ownership in a digital space and to transfer ownership in a transparent manner is how it manifests its "intrinsic value".
on-top of the physical gold and electricity needed for the hardware and physical tools required to generate cryptographs.