Bitcoin is boss, not by mouth only, you see what fiat cost that innocent guy trying to do a legitimate trading business. His money was useless for him by fiat bank arrangement, no one knows where the actual fault came from due to too many parties involvement and the banks will do it authoritatively, they set the price and charges as they like on your own money. This can't happen with Bitcoin, all transactions are transparent, you can easily know where the fault comes from and less than $0.3 will complete the transaction in minutes.
The bank transfer must have delayed his transaction for at least two days only to realize that almost €100 was charged for transferring €1,000 to the beneficiary account. Fiat is just silly, banks are crook and feeding fat on people's money.
Indeed, Bitcoin does have apparent advantages, like transparency and lower fees. But traditional banks have also been doing their homework of improving. Indeed, Blockchain does allow you to track every transaction, avoiding hidden charges or delays for that matter, which is very much associated with fiat transactions. However, not all the time is Bitcoin cheap and fast as it would appear. For instance, if at any time peak use causes congestion in the blockchain, Bitcoin transaction fees could increase a lot, and confirmation would take much more time compared with usual. That is where options like the Lightning Network come in to speed things up, but those are not always that big yet.
Banks, on the other hand, also latch onto innovations such as faster payment systems, especially in cross-border transfers. In proof that banks have started adapting the situation with quicker and cheaper services than before, platforms such as Stellar use blockchain-based solutions to cut costs and delays in traditional remittance markets. Whereas Bitcoin does present a good alternative for some, both systems are converging as banks are also improving.