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Topic: 10 Reason Why Bitcoin is better than Paypal - page 3. (Read 3969 times)

member
Activity: 88
Merit: 10
September 01, 2014, 01:10:41 PM
#32
Thing is... people are very much willing to pay a premium in order to be covered in case of a scam! This really is something that needs to be implemented in Bitcoin in some way. We need some third party escrow service that makes it easy and safe to pay with Bitcoin for the regular customer!!!

To comply with US law, bitcoin and coinbase will eventually need to provide those services.


What law are you referring to? It would be impossible to force people to buy insurance like this because if the government did this then consumers would be vulnerable to the insurance companies failing.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
September 01, 2014, 01:08:54 PM
#31
anonymity... Cool Cool

bitcoin is still semi-anon, not fully anon yet, bitcoin is better than paypal because, is personal(you are your bank)
full member
Activity: 211
Merit: 100
September 01, 2014, 12:13:57 PM
#30
Thing is... people are very much willing to pay a premium in order to be covered in case of a scam! This really is something that needs to be implemented in Bitcoin in some way. We need some third party escrow service that makes it easy and safe to pay with Bitcoin for the regular customer!!!

To comply with US law, bitcoin and coinbase will eventually need to provide those services.

member
Activity: 67
Merit: 10
September 01, 2014, 12:07:11 PM
#29
Never liked Paypal. They limit for no reason.

Bitcoin rocks.
sr. member
Activity: 336
Merit: 251
September 01, 2014, 12:03:40 PM
#28
FREEDOM

In my country Paypal was not available until recently. When it did become available it was through only one of the big four banks meaning that you 'had' to have an account with them which could then be linked to Paypal. Now all banks can link to PayPal but you have to jump through several hoops and its a right royal pain in the backside.

Bitcoin offers true freedom in that there is no discrimination, its available to and accessible by all. That alone, imo, make it stand heads and shoulders above any other.
member
Activity: 83
Merit: 10
There should be 100 reasons, not 10.
legendary
Activity: 1400
Merit: 1001
I dont think we have enough room on this forum to list all the ways Bitcoin is better than Paypal.

This, bitcoin is just far superior by design. Paypal is service created to EARN money for their owners. And we do not have to pay anything for using bitcoin.
member
Activity: 69
Merit: 10
Paypal is scam. Paypal currently freezing worth of $200 million from thousands of people worldwide.
newbie
Activity: 53
Merit: 0
bitcoin is better because i don't use paypal  Wink
full member
Activity: 120
Merit: 100
I dont think we have enough room on this forum to list all the ways Bitcoin is better than Paypal.
legendary
Activity: 1834
Merit: 1009
11 - No ridiculous term of use that forbids certain produts from being commercialized

12 - Economic sanctions won't hurt trades with BTC, beatch
newbie
Activity: 28
Merit: 0
you can make coffee while blockchain is downloading  Grin
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
Just as there are reasons why Bitcoin is better than PayPal for certain things, there are other aspects which favour PayPal.

I think that as with many other money transmitting means, Bitcoin is not necessarily the replacement, but rather a step to providing a decent alternative for those who with to use its properties.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
Thing is... people are very much willing to pay a premium in order to be covered in case of a scam! This really is something that needs to be implemented in Bitcoin in some way. We need some third party escrow service that makes it easy and safe to pay with Bitcoin for the regular customer!!!
member
Activity: 98
Merit: 10
★☆★Bitin.io★☆★
Paypal is a company trying to squeeze as much money out of their customers as possible. Bit coin has no agenda or desire at all. A neutral payment system is by nature vastly superior. 
sr. member
Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
paypal is a joke I sold a computer for around 1000 and they took 80 is fees + ebay charged me
member
Activity: 63
Merit: 10
From every corners its better and best than paypal.There is no comparison and will be never.
member
Activity: 87
Merit: 10
I couldn't agree more with the low fee's in the top 10 reasons. PayPal I am sure if now just taking advantage of their fee's to be honest to make a little extra cash because there fee's are becoming extortionate. At least with bitcoin there are not too many huge fee's, you have your privacy and you do not get your account frozen for some silly reason why I have noticed PayPal doing a lot again.
Pretty much summed up everything. High fee, monopoly, and unncessary account freezing.. Anonmymity is a good reason to choose BTC.
sr. member
Activity: 476
Merit: 250
It has much more freedom to move money around without being question from an authority which is your own, and no more ridiculous limits and freezes on anyones bitcoin account.  The only thing that paypal has is the chargeback feature and the time it takes to send money.

It is debatable that the ability to chargeback a payment is actually a feature of paypal. Sure it does benefit buyers as they can recoup their money in the event of a scam. But this would also likely cause honest merchants to charge higher prices to account for fraudulent chargebacks, causing honest buyers to have to pay more, even when they know the seller is an honest seller.
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