For now, you can't do much with Bitcoin besides buying drugs and paying ransoms. But people expect it to become more important in the future, and that's the main reason why they buy Bitcoin.
So, it is like 99% speculation and 1% "internet money", a big part of that 1% is for illegal activity.
So, it is like 99% speculation and 1% "internet money", a big part of that 1% is for illegal activity.