Bitcoin was designed first and foremost to be a peer-to-peer electronic cash. That is exactly what it is called in the title of its whitepaper. Satoshi describe

Bitcoin was designed first and foremost to be a peer-to-peer electronic cash. That is exactly what it is called in the title of its whitepaper. Satoshi describes how Bitcoin would be used in peer-to-peer transactions with full nodes processing gigabytes of data every day, so that Bitcoin could process transaction volumes comparable to Visa. Now with a limit of 300,000 transaction per day thanks to the Core development team and the censorship of the main forums, BTC has no underlying or intrinsic value. It is based entirely on speculation and memes.