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?
My friend started sending me bitcoins late last year. Before, she
sends the money thru Western Union, I had a lot of issues with
WU before, like typographic error in the name,etc. so I didn't get the
money in time. So I told her to choose bitcoin, and so it began
that she send it to me thru bitcoin without any hassle on my end.