When I saw title of this topic I was like. Wow, another topic how bitcoin is great and how can you send money across the world with no problems now.
But after reading every post here I am now little sad. People here are just too optimistic over bitcoin in my opinion. Bitcoin is not good choice when you have no electronic infrastructure to back it up - then bitcoin is borderline useless. To sum this story up: You can't do anything with just smartphone with shitton of bitcoin on it. No when there isn't any bitcoin service :/ Sad really.
I agree. Especially when merchants are accepting bitcoins as payment, but sooner or later they're going to exchange it back to USD, GBP or whatever fiat currency they're using.
It would be good if they can just keep that amount of BTC(As they do in banks, depositing fiat), or buy more goods with that BTC, instead of having to exchange it back to fiat everytime.