First off, you can use it to purchase goods and services from merchants who accept it as payment. Some online retailers even offer the option to buy gift cards or other items using Bitcoin. Another aspect is investing. Many people see Bitcoin as a potential long-term investment, hoping its value will rise over time. You can hold onto it or trade it on a cryptocurrency exchange if you're into that. With Bitcoin, you can send money directly to someone without involving a middleman like a bank. It's handy for international transfers or making small transactions. Another interesting feature is the forex spread, but it has more to do with trading on foreign exchange.

I actually did some research on this topic and turns out there are so many ways how you can utilize crypto, particularly BTC. Here are a few options:

• Purchasing goods and services: Bitcoin can be used to buy goods and services from merchants that accept it as payment. You can also use Bitcoin to buy gift cards or other items from online retailers.
• Investing: Many people buy Bitcoin as an investment, hoping that its value will increase over time. You can buy and hold Bitcoin as a long-term investment or trade it on a cryptocurrency exchange.
• Peer-to-peer transactions: Bitcoin can be sent directly from one person to another without the need for a middleman like a bank. This can be useful for sending money internationally or for making small transactions.
• Online gambling: It turns out you can easily bet on football with BTC. Some online casinos and gambling sites accept Bitcoin as a form of payment.

Why do you call it an "investment"?
It is a gamble, that often ends in financial misery for the gambler.
Investing is when one puts money into an organisation with tangible assets.

Good for money laundering?

It may have started as a way for people to buy and pay for illegal services. I would never invest in it.

?