If you think Bitcoin is not useful, you haven't spent enough time understanding it.
Here are some basics everyone should know:
Money is a ledger: a list of transactions proving who owns what, based on debts and credits.
Currently, this ledger is controlled by central banks, which create and control money as they see fit.
Bitcoin is a ledger that is not controlled by anyone and can be accessed by everyone.
Bitcoin is a decentralized network, meaning no one controls it.
This means it is the first asset with no boundaries and resistant to censorship.
If you own it, it's yours, and you can do with it as you please. No sanctions can be imposed on you, and you don't need anyone's approval to complete transactions.
The Bitcoin network has a limited supply - there will always be a maximum of 21 million bitcoins in the world. This cannot be changed!
Each bitcoin can be divided into 100,000,000 satoshis, so it's possible to own fractions of the most scarce asset in the world.
Liquidity - Bitcoin is traded globally, so there is always a market for buyers and sellers.
If you want to sell your Bitcoin, you can do so easily, as there will always be someone in the world interested in buying it!
Bitcoin is considered a digital commodity by the Securities and Exchange Commission in the United States.
A commodity is something of value that can be traded for another commodity anywhere in the world.
We are still very early in the Bitcoin technology stage, but understanding it now can be a very positive step!