wise choice. After all, we can't be completely separated from the bank because all the ease of transactions and its very wide adoption make our lives easier. on the other hand, bitcoin is still limited in its use at this time, especially in many countries that prohibit its use as a means of payment, even though its other functions as an investment tool and trading commodity have been granted permission.
so please adjust it according to our individual needs, we don't have to choose one, right? just use both to maximize the function of each other.
True, we don't have to choose only one, but if we keep on depending on fiat, bitcoin or cryptocurrencies won't be able to go mainstream. And who told you bitcoin is illegal in many countries? As far as I know only few selected countries have made bitcoin illegal (most of them are third world country with corrupted governments), while rest are welcome the modern currency.
Bank charges are high, compare to that of Bitcoin, and also Bitcoin operates on an decentralized system. No organization or Government control's it. When you keep your money in Banks, no interest is added to it, instead, banks collects their charges from the money. I also prefer Bitcoin. Is very secure, and also have low fees.
Lol, have you looked at the fees when the network is under heavy traffic? It's insane. Pay high fee or wait forever for a confirmation.