It depends where you live and what you want to do with the money.

Generally it can be used as an investment, bitcoin value tends to increase, but you may also use it to circumvent restrictions on the usual monetary system.

Speed and cost.

I posted this earlier in another thread but will repeat it here.

When making withdrawals from my trading account the funds were sent by wire transfer [swift] which would take anything from 4 to 7 days to reach my bank account and it would cost me anything from $25 to $50 depending on amounts etc...

My broker has however started accepting bitcoin for both deposits and withdrawals. I now do all my withdrawals in bitcoin. If I do a withdrawal before around 3 in the afternoon I can receive and convert it and have it deposited to my local bank account in under 24 hours for a cost which is nothing compared to what I paid before.

So I'm now able to cut almost 6 days off this whole process just by making use of Bitcoin, that is almost a whole week less.

I usually make one withdrawal a week and my savings through using bitcoin is on average $26 per withdrawal so using bitcoin also saves me roughly $1,300 per year just in fees.

There are other areas where bitcoin has also saved me some money and time but the above it the most important one for me or at least the one that had the biggest impact on my daily life.

you don't need fiat to have btc, i never bought any of my btc, all earned through good old mining day and signature, even today you can earn a good amount via signature campaign

so there is a big gain in privacy/anonimity, fee and time, no one will know how many coins you're holding, and aside form this i find more confortable to use bitcoin than putting sensitive info like cvv in a suspicious site

Well, the vast majority of people has to buy bitcoin if they want bitcoin...

yeah i know, for those people there isn't much to do besides waiting for when the wage will be payed directly with bitcoin, for now they can see more, bitcoin, as a speculation and less as a currency

Personally, I use it because I am in control of my finances.
You have no idea in how many ways a bank can rip you off just by doing a transaction using a VISA.

Example: Your currency is Euro, you want to buy something in GBP.
You will pay the transactions fees, plus whatever it is the rate your bank sells GBP for.
And believe me it's quite a bit of money just from that transaction.
Oh, and I forgot to mention that they will make that EURO/GBP exchange a few days later when the GBP is higher,
regardless of the fact that you (think you) paid for it a week ago when GBP was .80 EUR and they charged you .90 EUR.

Apart from that, the same rule applies as it does with Bitcoin.
If you are not the holder of your private keys you are not the owner.
Let's not forget the "haircuts" and whatever they can do and get away with it.

Well there are some factors that make a difference. For example bitcoin does't need any ID verification in order to create a wallet, try to open a bank account or a visa credit without giving private information. With bitcoin you just load your wallet with coins and pay.

Nope.

It's just a slow process.
Companies are starting to keep Bitcoin, paying wages in Bitcoin paying suppliers with Bitcoin. There will be more companies doing that eventually.

What we have now, is not the optimum, but such a process takes time.

One current personal benefit for me: A discount on Amazon purchases via purse.