Buttcoin magic beans is a failure as a currency, had it been created for that purpose.

Buttoinc is pathological gamblers' worst nightmare

Buttoinc is scamers' and hackers' dream.

Buttoinc had the potential to be a international money transfer alternative for individuals and tiny amounts (< $ 10k/month, ie salary transfer without taxes, resulting in m/b-illions of $ losses for the countries involved).

With more regulations (=limiting its use), with less (honest!) exchanges and with more and more scams, and also thanks to price dropping, buttcoin will fade away : market cap $ 100M (2% of current) one year from now. But number of transaction etc will remain more or less the same for indefinite period of time.

Eventually if not already it will be used only for gambling and scamming.

So yeah, bitcoin is a failure except for a few hundred people:
- early hoarders / miners
- scammers/hackers