BTC is gradually gaining its grounds in the financial institute. Most people prefer using bitcoin as a medium of exchange. Before the advent of bitcoin local and foreign currencies were the only means of financial transactions. Currently BTC has gone beyond bothers and has also made transactions safer and faster without much stress of converting from one currency to another. From my own opinion its a better way of accumulating wealth and secure a perfect future of cashless policy
"Perfect future of cashless policy" is kinda not convincing phrase for me actually. It's more like just an alternative to cash we got right now. I can't see the time where there won't be cash anymore since it's gonna be a bit difficult to get used to it. Confirmation of transaction becomes an issue and you never want your money to experience delay upon receiving especially if it is an urgent matter.