M. Bison's V-Skill can counter a whole lot more than fireballs in Street Fighter 5
Not only is it a great tool for discouraging projectiles, but Bison's V-Skill can counter most striking moves in the game including Necalli's ground pound and Birdie's chain grab, as seen below.

Click image for animated version
Venom also explores some practical uses for Bison's unique dash, which sees him teleport a short distance. You'll see it all in the video below.