Topic: Bitcoin connecting PayPal? - page 2. (Read 773 times)
There is no way to save Bitcoin directly on Paypal. But there are a number of solutions to safely save Bitcoin on Paypal. If you have Bitcoin, you can easily exchange it for banknotes and withdraw funds to your credit card that is connected to your PayPal account.
It is impossible that bitcoin will add on Paypal as a currency because PayPal was highly regulated by the government and they don't get involved in money laundering. Maybe it will be applicable if they have a third-party option but still, bitcoin is anonymously and Paypal is kind of bank and also they want regulated currency.
-as PayPal says:
-as PayPal says:
As the pioneer in online payments, we set the standard for fraud prevention by delivering holistic security solutions to minimise fraud across major payment types and channels
Is it possible that in future Bitcoin will connect to PayPal?
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.
What you think about it?
BTCBTCBTC
From my point of view, you got it wrong. Since Paypal is used as a medium of transaction to mostly online jobs, the company itself is regulated by the government. It is also impossible that Paypal will increase the dominance of bitcoin because users of Paypal are obliged to use dollars and fiat money to do transactions. Lastly, you should consider the cryptocurrency Libra which was urgently sued by governments.PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.
What you think about it?
BTCBTCBTC
Bitcoin & PayPal 2 different payments media. Governments are not controlled by 2 mediums, but government intervention on PayPal. Bitcoin transactions can not predict the government. In that case, the government and we both will benefit if we can pair two together.
Quote
That'd be huge revolution
It is not possible without a big revolution. And the revolution will help Bitcoin to stabilize its value and price. 
Is it possible that in future Bitcoin will connect to PayPal?
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.
What you think about it?
BTCBTCBTC
From my point of view, you got it wrong. Since Paypal is used as a medium of transaction to mostly online jobs, the company itself is regulated by the government. It is also impossible that Paypal will increase the dominance of bitcoin because users of Paypal are obliged to use dollars and fiat money to do transactions. Lastly, you should consider the cryptocurrency Libra which was urgently sued by governments. PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.
What you think about it?
BTCBTCBTC
PayPal and Bitcoin network don't work well together, so it can be a bit tricky to buy Bitcoin or other Cryptocurrencies with PayPal.
Bitcoin transactions are irreversible, while Pay Pal supports chargebacks. This makes it relatively easy for someone to buy Bitcoin with PayPal, complain that they never received the goods and ask for a chargeback.
Where and how to buy Bitcoin with PayPal?
The popular options arranged from least to most complicated are:
1. Local Bitcoins and Paxful: Buy Bitcoin peer-to-peer with PayPal. There are no limits other than those set by the seller.
2. xCoins: Use PayPal to buy up to US$1,000 in Bitcoin per transaction.
3. VirWox: Use PayPal to buy up to €1,000 in Bitcoin per 24 hours, up to €10,000 per month. Its fiat currencies are EUR and USD.
4. CRYPTONIT: Its deposit methods include Advance Cash and Wire Transfer. BTC, ETH, ETC, ZEC are its supported cryptocurrencies.
Bitcoin transactions are irreversible, while Pay Pal supports chargebacks. This makes it relatively easy for someone to buy Bitcoin with PayPal, complain that they never received the goods and ask for a chargeback.
Where and how to buy Bitcoin with PayPal?
The popular options arranged from least to most complicated are:
1. Local Bitcoins and Paxful: Buy Bitcoin peer-to-peer with PayPal. There are no limits other than those set by the seller.
2. xCoins: Use PayPal to buy up to US$1,000 in Bitcoin per transaction.
3. VirWox: Use PayPal to buy up to €1,000 in Bitcoin per 24 hours, up to €10,000 per month. Its fiat currencies are EUR and USD.
4. CRYPTONIT: Its deposit methods include Advance Cash and Wire Transfer. BTC, ETH, ETC, ZEC are its supported cryptocurrencies.
Is it possible that in future Bitcoin will connect to PayPal?
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.
What you think about it?
BTCBTCBTC
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.
What you think about it?
BTCBTCBTC
Where did you get that Paypal is not regulated by the government, they are paying taxes to the government, they are operating on government conditions and they have licensed to operate from the government where they have jurisdiction, introducing or promoting Bitcoin by Payla is not going to happen, they would have to change the whole structure of their terms if they are going to integrate Bitcoin to their system.
PayPal is as regulated as any other payment processor, credit card company, banks,... can be regulated but that is not a reason for why or why not adopt bitcoin for them. I believe they will first create their own cryptocurrency just like what Facebook did and will try to compete but fail in a very short time (like less than 3 years) and then they will all eventually do that because that is the direction in which the world is going with or without them.
I hope you're right. They will profit running libra's nodes, ofc not only paypal but other big tech were waiting to see how to take advantage of this market, since they already have a great influence power over their audiences and can use it to bargain.
I don't think so, I used Paypal for a long time, but now I pay my services in BTC or another coin, is cheaper than Paypal because I only pay the transaction fee, when it comes to paypal the seller rise the price of their products to pay the fee to paypal and I have to pay some aditional taxes with my credit card
You see? They are competitors, so no, paypal will not add btc
You see? They are competitors, so no, paypal will not add btc
I do not know I do not think it will happen, even though paypal is not connected with the government, but I don't think Paypal will choose a decentralized currency. If they will choose Crypto to connect to their service, maybe they will choose some centralized coins like Ripple or Libra.
Sure enough, bitcoin is not in accordance with the motto and some regulations issued by Paypal. And both of them will never be connected directly except through third parties.
From where you got that? Paypal is heavily regulated like any other payment processor, but Paypal is pro active and well above all others. Paypal will never implement Bitcoin in its system. Why including something 'pseudo-anonymous' while their motto is strongly avoiding, money laundering and so on. Maybe a 3rd Party will use Paypal (like Coinbase tried) but not vice versa
Sure enough, bitcoin is not in accordance with the motto and some regulations issued by Paypal. And both of them will never be connected directly except through third parties.
Bitcoin and PayPal are two different types of platforms. There are many similarities to the two platform. Especially the transaction. So they're one but not one. Easy to connect them but not for a moment. You see Etherium like a bitcoin. But do not connect Etherium with Bitcoin. So do not connect Bitcoin with Paypal. Only the exchanger is connected to them.
Yeah but if they adapt their platform or part of it to run using blockchain it would be extremely valuable for them in the profit side and extremely valuable for the advertising of the technology itself and the possible implementations of it in the future.
I believe that it is not only possible but the possibilities of it happening during any point in the future are pretty high taking into consideration the growth over time Bitcoin is having and will have.
From where you got that? Paypal is heavily regulated like any other payment processor, but Paypal is pro active and well above all others. Paypal will never implement Bitcoin in its system. Why including something 'pseudo-anonymous' while their motto is strongly avoiding, money laundering and so on. Maybe a 3rd Party will use Paypal (like Coinbase tried) but not vice versa
You talk about money laundering but look a tall the scams involving the chargeback option? I don't like that if I am paid I may not actually be paid and a chargeback can be made. With bitcoin, I am paid it is permanent and I don't have to worry. I also use bitcoin to buy things so from that side it is easier too. It works much better than paypal and have you seen the fees merchants that use paypal use? Like 7% ?? That is insane.
Btw money laundry is mostly done through fake business fronts and companies and not through direct currency distribution or trade.
Is it possible that in future Bitcoin will connect to PayPal?
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.
What you think about it?
BTCBTCBTC
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.
What you think about it?
BTCBTCBTC
I don't think so. Paypal is very government friendly service.It works like as one of the hand of government.Do you think they allow bitcoin to enter their platform? No never.They will never do that.Also when paypal service give their service (send and receive).They highly watch about their law system supporting to International law.So bitcoin?never.
1. Paypal co-founder thinks Bitcoin's a scam.
2. Paypal has allowed its merchants to accept Bitcoin at least since last year if not earlier, so they're not totally against it. Why would they be? Tried to fight it before, but now it knows it can't be stopped.
3. They actually announced Bitcoin acceptance back in 2014, same as above point actually but it didn't work out.
Note: this is all with 3rd party payment processors of course.
2. Paypal has allowed its merchants to accept Bitcoin at least since last year if not earlier, so they're not totally against it. Why would they be? Tried to fight it before, but now it knows it can't be stopped.
3. They actually announced Bitcoin acceptance back in 2014, same as above point actually but it didn't work out.
Note: this is all with 3rd party payment processors of course.
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I don't think Paypal will connecting with bitcoin, but that could be possible if bitcoin can be accepted in many countries. I think Paypal will integrate their system with bitcoin if they think that they can get the advantage from bitcoin. Maybe they now are still learning more about bitcoin, and they will announce to their member if somehow they are connecting to bitcoin. But the chance for bitcoin to be used by Paypal will bigger as they can reach more customer from the crypto member if they are integrated into blockchain technology.
Yeah i also say that bitcoin should connect paypal.. it will convenient for us.. we can easily withdraw through paypal.. so lets hurry uply connect bitcoin with paypal..
There is no limit with bitcoin and cryptocurrency.
PAYPAL, WESTERN UNION and other services with money or even banks.
They will be connected with bitcoin in the near future. this is how technology move forward.
PAYPAL, WESTERN UNION and other services with money or even banks.
They will be connected with bitcoin in the near future. this is how technology move forward.
May be in future it may possible.. but there are very low chances of this.. because paypal are changing day by day.. so it is little difficult..
Of course, that can happen. For now, Bitcoin and cryptocurrency are not yet mature and still need to be developed. But most likely Bitcoin will be able to connect with Paypal in the future.
maybe later PayPal will also follow the changing times more and more people are making transactions using bitcoin and that paypal will be able to compete
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