Value of Bitcoin

Does Bitcoin actually have a real value?

In the cryptocurrency market, Whales use Bitcoin to earn and control the game. Thus, its value depends on the choice of Whales and it is likely that the whale will try to keep their assets to be as valuable as they can.

However, Bitcoin is an old technology coin! And it can/should be replace by these other coins. This will happens when the governments jump into the game. Can't predict anything in that case.