Bitcoin allows peer-to-peer transactions with lower fees compared to traditional financial intermediaries such as banks or payment processors. By eliminating intermediaries, cross-border payments become cheaper and faster. While fees can spike during periods of high network demand, solutions like the Lightning Network enable transactions that are almost instantaneous, with low costs by processing them off-chain. This scalability enhances the usability of Bitcoin for everyday transactions, making it a cost-effective option for global remittances and microtransactions, especially in areas with limited access to banking.