To society, it is still nothing much but as an alternative currency. But to investors, it is one of the most profitable asset. We have different perspectives and it is just normal for 'usual' individual to view this technology as something which is either risky or just profitable. Not all people would be interested enough to learn its nature and its advantages as a currency. In fact, Butcoin and other cryptos or this industry in general are still not acknowledge to most of the countries for a reason. One day, once it is recognized by more people, that would be the time wherein it would matter more than what it is, at the moment.
Now many countries have used bitcoin as legal tender, which means that bitcoin has been recognized by the state and widely used by people, and it has become a way of daily payment.
Used , indeed but not widely on those countries. Perhaps in Philippines, there are small businesses which accepts this currency as a mode of payment but not all proprietorship would do the same because they are scared of the risks involved by doing so, and we cannot blame them for that. Maybe it is still too early for this industry. It will still undergo development as years would go by.