Number 1) It's not based on a scammed, rigged system destined for collapse (FIAT monet)
Thats it, just 1 reason is enough to use Bitcoin.
Topic: 10 Reason Why Bitcoin is better than Paypal - page 2. (Read 3969 times)
Don't freeze account, don't need documents, no chargebacks and anonymous.
Yes sir!
And for those reasons, Paypal is afraid of Bitcoin integration, their policy towards virtual goods is just an excuse to bully users that use Paypal to purchase Bitcoins.
But of course, Paypal's gonna fade with age, Bitcoin might too, but waaaaaaaaaay after Paypal does, and only to be replaced by other virtual currencies
Everyone might hate paypal here but it is more useful as you think
Paypal is being used in the third world countries more compared to bitcoin.
Thats cause bitcoin is still relatively new compared to paypal. But the day will come when they will ditch paypal for btc.
But its still a hassle to even get that paypal account in those third world countries
Everyone might hate paypal here but it is more useful as you think
Paypal is being used in the third world countries more compared to bitcoin.
Each system has its advantages, but I choose Bitcoin!
All the points of this article is valid. I also think that Bitcoin is far better than PayPal. I am sure that one day Bitcoin will take the place of PayPal.
I've never had problems with my personal PayPal account, but I also manage a PayPal account for a 501(c)3 charity and have had numerous problems with them. The biggest problem we usually have is that after a fund raising campaign we'd receive a large amount of donations and PayPal would freeze the account due to suspicious activity. They would unfreeze it fairly quickly after our lawyers got in touch with them, but come on, are they fucking retards? This type of cash flow is typical of charities.
If the benefactors of the charity were not so technically challenged (it was so hard to get them over to PayPal from paper checks), I would have already set up a donation option through the likes of BitPay.
If the benefactors of the charity were not so technically challenged (it was so hard to get them over to PayPal from paper checks), I would have already set up a donation option through the likes of BitPay.
I am still a newbie, so PayPal looks safe, but I have not had any need to use their consumer protection, so I do not know how well it works.
I like this bitcoin thing, because all transactions can be tracked.
I like this bitcoin thing, because all transactions can be tracked.
FREEDOM
I prefer bitcoin
I prefer bitcoin
No chargebacks is the best thing to protect merchants, but it is a double edged sword, because if you are the buyer, you are not protected if you don't receive what you purchased, or if you receive something completely different from what you thought you were buying.
Everyone might hate paypal here but it is more useful as you think
I've never had problems using paypal. To compare it to bitcoin doesn't make sense. Ofcourse I prefer to use crypto's when possible.
But Paypal can be used in many more places. Stores should keep adding Bitcoin to their accepted payment methods.
No official statement of both parties but there was an article that paypal will be accepting bitcoin soon.
Bitcoin is more the underlying money and also has the inherent capabilities of transmitting large amounts of money instantly. PayPal effectively is a service provider that does the escrow. Bitcoin may need some of those service providers as in order to get the broad public on their side!
But Paypal can be used in many more places. Stores should keep adding Bitcoin to their accepted payment methods.
about the 7th one...it's not absolutely true cause there is a blockchain (look at darkcoin)
Now, what if you are in a third world country with your family having some vacay. You need money. Ow! They dont accept BTC? What should you do? Well I got a paypal account. Withdraw money from paypal and then poof! You are drinking beer again.
with bitcoin debit cards there's no need to worry about if they take btc direct, and fees are no worse than paypal's foreign exchange rates I'd say
Also this style of bitcoin evangelism is something i kinda enjoy, my favorite one at the end of this http://cointelegraph.com/news/112375/10-reasons-why-bitcoin-is-better-than-paypal Bitcoin will never spam me about food platters ahah!
Now, what if you are in a third world country with your family having some vacay. You need money. Ow! They dont accept BTC? What should you do? Well I got a paypal account. Withdraw money from paypal and then poof! You are drinking beer again.
Paypal has freezed my account for no reason 
Me too, years ago, don't worry about it, the Painpal dinosaur has a few more years to live but in the end Crypto shall win.
There is really only one reason why BTC is better than Painpal: You own the Bitcoins but Painpal owns you. Who wants to be owned?
Painpal is more useless than a bank, banks can at least give out loans. Painpal just forwards existing money, so they don't do anything that Bitcoin cannot.
Words cannot express how much better Bitcoin is than paypal.
I must refrain from my best expletive language on this topic.
Lets just say Paypal is a greedy pig.
We cannot have a greedy pig as a host for a currency transfer system.
I must refrain from my best expletive language on this topic.
Lets just say Paypal is a greedy pig.
We cannot have a greedy pig as a host for a currency transfer system.
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