Many want to attack bitcoin saying it is too slow and too expensive for money transfers. Considering 80% of the transfers go through the banking system, bitcoin ends up cutting costs significantly and speeding up the entire process. Sure, it is not cut out as payment on a cup of coffee but it is ideal for larger transfers that are presently held by the banking system.
In volume, the small transactions rule. However, when viewed through dollar amounts, this is where bitcoin is positioned.
Here a link to the @zer0hedge article.
https://steemit.com/bitcoin/@zer0hedge/what-gives-cryptocurrencies-their-value
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