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?
Are eypu sure it's 10-20% ? That is theft right there. I saw PayPal was 7% like wtf ? Those fees are ment to protect ypu from loss but with bitcoin you can use escrow and its 1% or so. If you sending to a trusted wallet you dont need escrow and it costs a certain amount of satoshi per size in bytes of the transaction size so it is mere cents.