We all pride ourselves on bitcoin this and bitcoin that.
I just set a very low fee for transactions on my electrum wallet. It's so low that is been hours and not even one confirmation yet. I assume that it will take days.
With this low fee, I had a look and it cost me .00041 btc for transaction. 8 dollars. Hahaha. Wow. Explain to me people, how is it better to use crypto currencies? Transaction taking days with a cost of 8.90 Australian dollars.
That's just pathetic.
Going back to Western union and bank transfers.
I understand your point. Right now Bitcoin is simply not viable to use as a payment system, we gotta be honest about that. But please note there could be implemented scaling solution which will be able to make Bitcoin transactions fast and cheap again. Also, you mentioned banks. But keep in mind Bitcoin offers something banks and WU don't: privacy, possibility to send any amount, to anywhere, any time you want.