Every year migrants around the world send billions of USD/EUR back to their families.The cost of sending cash via Western Union and Money Gram averages 10-20% in fees. However bitcoin is emerging as an alternative which offers lower fees and faster payments.
Bitcoin also helps allot for countries with high inflation to store value in Bitcoins.
Bitcoin helps for millions of people worldwide.
How bitcoin helps for your life?
For me bitcoin is another great income source and a great way to invest my savings.
I agree with your thoughts about the lower fees,but i don`t know for how long the btc fees will continue to be lower than the other payment method transaction fees.
Yes that's the question every Bitcoin enthusiast is contemplating, it's a growing worry that you have to pay more for quick transaction confirmations and if this persists as more people join the Bitcoin world it is going to increase astronomically and we are in danger of losing that virtue of low transaction fees that Bitcoin possesses.