There is an obvious value, but it is being actively stifled by the Chinese and US Governments. The basic function of currency is to act as a medium-of-exchange as well as a store of wealth. When governments block general usage the only thing that remains is speculation.
China booting out the miners is the best thing that ever happened to crypto. It will take time, but the distribution of miners will mean a cleaner system. China just sucks.
The US will regulate the exchanges and crack down on tax issues— but they won’t outright ban it. Too many big players are too deeply invested to cut it off. People will simply go to El Salvador to do their banking.