as soon as a transaction rate exceeds that of a regular bank, why using bitcoin?
Because you can send them to any address you like. Try doing that with banks, Visa etc.
I can do a cash transfer up to a certain amount here around the corner, and another one street further than that, etc. And that cash transfer can even be delivered at a home address (for additional fee of course), even an address that doesn't have a computer, internet connection or whatever. There are certainly major advantages to digital currency, but why take the first one ever accepted and never explore better options?
Both still have advantages. Banks for example also allow a 1ct transfer against no fee at a few seconds transaction speed. And I can send money to all of my friends and back again all day, just for fun, without the bank network stressing. Plus the bank guarantees savings up to 20-100k, depending on the people in government :') Anyone got a guarantee from Satoshi already?
