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
Well, of course. Bitcoin was made for that purpose (i guess?). Bitcoins utilization is very widely known for keeping transactions cashless and hassle free and that is why most people are suggesting it to be used legally and widely locally and even internationally. Although we can use it at the moment, it is still not recognized by most governments and its their loss of missing out on the opportunity of creating a better financial service out of Bitcoin.