You should bother to read the rest of the paragraph. And also remember that NOTHING we use as money has intrinsic value. Intrinsic value is intrinsically bad for money that makes people want to use it otherwise.
You should try understanding words.
Paper money has intrinsic value because it is backed by the full faith and credit of the government that issues it. Stocks and bonds have intrinsic value because it 'owns' a portion of the income stream of the issuing companies.
Bitcoin is backed by ........
Tulips are at least pretty.