A currency like bitcoin can help many businesses that have very low profit margins, and this is possible because if you were to process the very same transaction with a bank, the bank will subtract a portion of that transaction and keep that money for themselves, but when it comes to bitcoin the buyer only needs to pay the transaction fee and you keep the rest of the money for yourself.
Correct. We just got to figure out how to stabilize bitcoin as well as other top cryptocurrencies. Without a stabilized economy, it's hard for businesses to remain profitable as they have monthly fix overhead to pay. Obviously, if bitcoin goes up another 200-300%, no one will be complaining, but it's only when there is a crash like the one we have now that it becomes a problem. While individuals may be able to hodl for longer but businesses don't have that luxury. Utility companies, banks, employees, and investors do not have the patient to wait 6-12 months before crypto's next spike.