The practical use for me is making interfaces safer. Where I saw colleagues use pointers as optionals, end up mis-tracking what can be null and what can't, only checking it inconsistently, and triggering UB, I now have a clear distinction between optional and non-optional arguments/returns with an easy way to access the contained .value() without risk of UB. The type also tells me when I should handle the empty case and when I shouldn't.
Most of the time, I want to pass/return a reference and the lack of `optional<&T>` makes it tiring. If only `std::reference_wrapper` had a shorter name, I could at least use that. But then I'd end up with `arg.value().get().attr` when `.value().attr` should be enough...