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Topic: Bitcoin adoption by paypal / eBay in a near future - page 2. (Read 1998 times)

sr. member
Activity: 462
Merit: 250
I am thinking about what advantage does Coinbase + Bitpay have over Paypal?  The key is that the consumer pays the fees instead of the merchant. Thus more merchants will prefer it. Why will customers prefer that?

Then I got to thinking. The problem with Paypal is there are too many competitors. The elite want to control this new digital money system. What if you combined Paypal + Bitpay! Then you can see the founder of Paypal is the main angel investor in Bitpay.

This is all about getting more merchants and customers into the digital fiat system.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
Honestly I think if ebay and paypal were to start allowing for bitcoin transactions and maybe paypal would be the escrow of the bitcoin transaction that it would significantly help with bitcoin adoption. However, I personally would not send bitcoin to another person though paypal, if paypal was the escrow. Paypal always favors the buyer and screws the sellers. It is for that reason that while I make purchases on eBay, I would never sell anything of any significant value on ebay due to the fear of chargebacks, reversals or any other BS that the buyers can come up with when they are tired of your product.
sr. member
Activity: 994
Merit: 441
Adoption is definitely speeding up. In the last 3 days I have made more bitcoin purchases from newly-accepting online businesses than in the previous 2 months combined. It feels so good to be able to spend bitcoin without ever considering fiat. Eventually I will forget what a dollar looks like.
eBay thinks the digital currency is a threat to PayPal.Perhaps once bitcoin exchanges become more secure and developers near guarantee a safer and more secure bitcoin community then it’s possible that cryptocurrencies will merge with PayPal and others like it.
sr. member
Activity: 448
Merit: 250
Adoption is definitely speeding up. In the last 3 days I have made more bitcoin purchases from newly-accepting online businesses than in the previous 2 months combined. It feels so good to be able to spend bitcoin without ever considering fiat. Eventually I will forget what a dollar looks like.
full member
Activity: 224
Merit: 100
VocalPlatform.com
It's well known in the virtual currency world that using PayPal is a recipe for disaster - many have fallen foul of the problems with PayPal which it is particularly vulnerable to.
I have stopped selling anything on Ebay because of Paypal. The link between Paypal and Ebay, to my mind, only benefits both of them, and as a seller, you are the one who suffers when things go wrong.
sr. member
Activity: 406
Merit: 250
Pay pal can give away free bit coin and I would not accept it. They are a poster child for the problems with our current monetary system.
hero member
Activity: 616
Merit: 500
paypal might have problem with china and others countries if they accept btc, so I think they would think like 2^10 times before do that
legendary
Activity: 1057
Merit: 1009
Sorry that i have made another useless post !
member
Activity: 89
Merit: 10
A lot of threads like these, Firstly PayPal was ignoring bitcoin and taking actions against It, but they understand that bitcoin has a big potential to go much bigger and It would be very big competitor for them so the smartest thing Is to be in one side with It, so I have no doubt that In the future they'' have to "adopt" It.
global moderator
Activity: 3990
Merit: 2717
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This is probably the 10th thread on the subject  Cheesy, but it's kinda exaggerated and not as exciting as it seems. It was just a brief mention that they were merely keeping their eye on it, as are probably most big businesses, and if they're not then the should be. Still, I'm glad of any mention from them, but to get excited about it is a probably a bit premature.
legendary
Activity: 1057
Merit: 1009
What do you think ?

http://blogs.wsj.com/moneybeat/2014/05/14/bitbeat-ebays-donahoe-drops-more-bitcoin-hints/

I hope that this will increase the mass adoption of the cryptocurrency....
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