I support this statement
Intrinsic value is a measure of what an asset is worth. This measure is arrived at by means of an objective calculation or complex financial model, rather than using the currently trading market price of that asset.
And in that case, i think JPMorgan Chase is afraid of what may come of Bitcoin and others cryptos
Yes, but other than hope, I don't see much value in Bitcoin. There are others like Ethereum or Hive here which can truly offer good functionality and have the potential to support a fully functional financial ecosystem.
You are right