I don't get it, now that I investigated and read much more about BitCoins and altcoins.

BitCoins are not secure, not private, not anonymous and to use them - you need extra effort.

Bitcoins cannot be tracked easily (especially when you are using wallets like Xapo and Coinbase)


Payments made through debit/credit cards are instant and most people keep their money in the bank (in fact, most workplaces choose to pay money only to your bank account now). That said, to use Bitcoin you'd have to buy BitCoins, which creates extra effort. Why do that? I don't get it!

Bitoins are instant as it takes about 10-15 minutes for the transactions to be confirmed and even sometimes there are delayes while paying via debit cards. 10-15 minutes is not a long wait especially when you are paying online. Buying bitcoins is mainly like an investment (for example: Gold). People mainly trade in bitcoins like they trade in forex and this is the way they earn. There are also many ways to earn bitcoins but it's true that bitcoins can never be as good as fiat but it's still better as you never have to pay any tax on your bitcoins. There are many users who own thousand dollars worth bitcoins and if they would store it in a bank, by now they would need to pay a lot of tax which they are saving.

Basically you have a choice: a) just pay instantly using your debit/credit card, or b) pay using BitCoins after wasting some of your time.

It's an individual choice again as bitcoins is not fiat but is a virtual currency.