Although the quotations have returned to their historical highs, no one almost uses it as a means of payment
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Does anyone really understand what Bitcoins are for? The question is not provocative but reflects a truth that is plain to see: the cryptocurrency born in the now distant 2009 has failed to realize the main objective of any currency: to become a means of payment.

For the moment the only success obtained is strictly financial or wanting to be "bad" speculative. His quotations, even if fluctuating, have risen to stellar values. Who has invested in the right time has become a millionaire.

Bitcoin complex to understand 

To understand the flop of Bitcoins as a medium of exchange, it is sufficient to look at Italy. The number of businesses that accept them is just over one hundred and in most cases it is more a matter of marketing than business. The volume of business generated in Bitcoin is in fact negligible. Why have they not breached the sellers and consumers? The reason is very simple: for a common person they are difficult to understand. The very concept of cryptocurrency and the underlying technological infrastructure is complex; the methods of purchasing, storing and converting into euros are not immediate. Until now, Bitcoin has been a tool used by "insiders" or at least by people with a high level of technological culture.

Gray areas and scandals have increased the distrust of the cryptocurrency 
To generate diffidence among the common people then two other factors contribute: the gray areas that have always accompanied the currency and the scandals that have succeeded over time. For years, paternity has been attributed to a phantom Satoshi Nakamato and only recently 45-year-old Australian scientist Craig Steven Wright claimed to be the person who hid behind that nickname. But not everyone is convinced that this is the truth.

In 2014 the crack of Mt.Gox
As for the scandals, how to forget in 2014 the sudden bankruptcy of the Japanese exchange platform Mt.Gox, one of the most important in the world. The company admitted that 850 thousand Bitcoin belonging to its customers had been stolen for a countervalue of 450 million dollars. Only 200 thousand Bitcoins were subsequently found.

Closed Silk Road and arrested its founder 
And much of a stir, again in 2014, also caused Silk Road to close its most popular e-commerce site for illegal products, where Bitcoin was the only means of payment used. The following year the creator of the site, Ross Ulbricht, was convicted by the American judges in the first degree to life imprisonment for crimes of criminal association, computer fraud, distribution of false identities, money laundering, drug trafficking, trafficking internet drugs and conspiracy to trade drugs.

Bitcoin without supervisory authority 
All this has not helped the spread of a currency that is not issued by a central bank but by a distributed computer network without control authority. A currency that without adequate security measures can be easily stolen and offers no real advantage over the use of common electronic payment instruments. The initial question therefore remains unanswered: why would an ordinary person use Bitcoins?