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?
Bitcoin sure is suitable for a global payment, just unfortnately bitcoin is still not really famous, so if the migrants sent using bitcoin, the family still need to convert to fiat, but in the future when everything can be bought using bitcoin then bitcoin will become perfect solution for sending money globally