Yes it is entirely new concept in the world of money. Bitcoin is so powerful that we can trade any amount of volume via its medium. This transaction is still safe and anonymous with no big fees and surcharges as that applied by your own bank. New generation would always want hassle free transaction which bitcoin is already providing. Bitcoin gives you freedom of time. No matter what you can transact any amount of money overseas, locally and personally. This is something sounds like new generation stuff and yes it is. 
I wouldn't say that Bitcoin offers hassle free transactions, especially right now. With the huge backlog of transactions and debate about block size, we are in fluid territory right now. But yes, Bitcoin does have potential.
I agree with you, the problem of transactions is very urgent now. But I think that it will be resolved in the near future. Bitcoin is almost an ideal system and it is not possible to spoil the problem of transactions