Topic: Bitcoin connecting PayPal? - page 3. (Read 809 times)
Paypal has strict policies regarding crypto currencies. They dont accept the use of bitcoins on their platform as a mean of any transaction.
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.
Actually Bitcoin is not a platform
Bitcoin's Blockchain networks can be accepted as a platform. And there are no similarities between these two things. Paypal uses basically USD (which belong FED), Bitcoin is money itself. Paypal can be called some type of bank account, but Bitcoin is a cryptocurrency. And it backed by blockchain. Has an algorithm. Paypal has nothing but record. All this record keeping by Paypal company.
And I think you couldn't tell what you think to us. I can't understand what are you really mean.
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 know how it will connect I'm using PayPal and Cryptocurrency and they are like world's apart, you need to verify your account on Paypal by providing KYC and you can also use one account, it's heavily centralized all actions are monitored, whereas on cryptocurrency you are your own bank, you cannot chargeback.
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
Unlike some others, I don't think this is an idea taken out of thin air. In fact, there has been news related to Paypal, crypto, and Blockchain in May 2019. However, I don't think they suggest that PayPal will adopt Bitcoin or something like that. As you can see from this article, PayPal is too afraid of volatility and is not willing to risk the kind of stability they currently have. At the same time, it seems like while they don't trust Bitcoin, they see the potential of cryptocurrencies, as well as realize the benefits PayPal could have from adopting Blockchain: https://www.ccn.com/paypal-skips-bitcoin-while-clearly-working-on-blockchain-and-cryptocurrency/. It's just that they are waiting to see whatever wins of this young market. and then they are willing to work with that. 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
In that way, you could technically convert your BTC to Libra, and then go from Libra to PayPal (if supported), so it's definitely going to make things easier. I doubt it'll be possible to go from PayPal back to Libra though, due to risks of fraud.
I don't see this become a reality, but even if it did, the route you are talking about to convert Bitcoin is inconvenient and would subject you to extra fees unnecessarily. Not sure why you made it sound like a great thing.I also don't get why people are so focused on PayPal. They complain about Bitcoin's fees being like $1-$2, while PayPal charges you even more in fees but they don't complain about this.... It just doesn't make sense.
I sent a PayPal transaction valued at $30 last week to someone from another country and the fee for this friends and family payment option was just over $3. In other words, 10% of the total transaction value.
maybe the connection between paypal and bitcoin can happen, I think this is one connection that might have positive and negative sides. but I think this is one of the best digital technology collaborations if it is mutually beneficial and beneficial
You can sell Bitcoin with Coinbase for Euro and withdraw the Euro to PayPal
PayPal has bought some years ago the Braintree payments that accepts card payments and Bitcoin payments.
PayPal has bought some years ago the Braintree payments that accepts card payments and Bitcoin payments.
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.
In that way, you could technically convert your BTC to Libra
Says who?
The fact that paypal wants to run a Libra node means they want to make money with it, as an investment. It doesn't mean by any mean that they will support that currency itself on their banking service.
They are already getting linked. It is no secret that traders have used paypal to trade crypto for a long time, almost as soon as BTC started taking off in 2012.. but now PayPal is in talks with Libra to be part of the founding 28 companies. So this is their direct entry into the crypto space.
In that way, you could technically convert your BTC to Libra, and then go from Libra to PayPal (if supported), so it's definitely going to make things easier. I doubt it'll be possible to go from PayPal back to Libra though, due to risks of fraud.
In that way, you could technically convert your BTC to Libra, and then go from Libra to PayPal (if supported), so it's definitely going to make things easier. I doubt it'll be possible to go from PayPal back to Libra though, due to risks of fraud.
Bitcoin & Paypal will never work together mark my words
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
PayPal might be a private company but it still needs authorizations from governments and central banks, since it is linked to your bank account, i really think in a situation where cryptocurrency becomes a trend and a lot of people start using them, PayPal will just create their own coin just like Facebook is doing right now and the same as probably all the other companies, but in a situation where bitcoin becomes accepted i don't see why they won't some other banks and payment systems are already doing it like Neteller. 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
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
No way. Bitcoin is decentralized. So no one can control it. But if Paypal wants to integrate with BTC, it may happen. But there will be no connection between them.
Actually I don't agree with you. If your idea were true, everything went bad. This would hurt Bitcoin so much.
bitcoin will not "connect" to anything ever, specially when that thing is 100% centralized. the only thing that can happen is if that centralized service (in this case Paypal) started adopting bitcoin themselves and accepted it in their platform.
in this case Paypal will some day start letting people convert their paypal dollars to bitcoin and vice versa because they will have no other choice if they want to stay in the game. but it will happen many years from now when we are closer to mass adoption.
in this case Paypal will some day start letting people convert their paypal dollars to bitcoin and vice versa because they will have no other choice if they want to stay in the game. but it will happen many years from now when we are closer to mass adoption.
Thats pretty much what I meant.
PayPal may even become some kind of crypto wallet.
Who knows, maybe in like 10 years world won't use fiat but cryptocurriences only, so PayPal and other companies will have to accept this in order to "stay in the game".
PayPal is a payment processor and they are knee deep into partnerships with Banks, so why would we team up with the competition and why would PayPal risk their partnership with Banks to partner up with Bitcoin?
The other problem is that most countries does not define Bitcoin as a currency, so there will be regulatory challenges too, if they did that and they will use this as an excuse not to do this.
The other problem is that most countries does not define Bitcoin as a currency, so there will be regulatory challenges too, if they did that and they will use this as an excuse not to do this.
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.
paypal is going to use libra soon. because of regulations i don't think they would integrate btc in their system, but if libra goes to exchanges this will be a way to convert money from paypal to btc
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
This is the most stupid statement I've read for a long time on this forum.
OP,are you a complete newbie or what?
It would be better for the crypto community to stay away from corporations like PayPal.A lot of noobs might be excited to use PP,just because they've implemented crypto(which will never happen in the real world),but all PP wants is complete control over digital payments.This is against our believes.
Bitcoin and PayPal is have a different system, so i think that is impossible to make it connected.
it all is same digital currency but PP is wallet for real currenct and Bitcoin is once of cryptocurrency.
Bitcoin is using blockchain technology and PayPal is not using it, so how can it connected.
it is impossible for me.
it all is same digital currency but PP is wallet for real currenct and Bitcoin is once of cryptocurrency.
Bitcoin is using blockchain technology and PayPal is not using it, so how can it connected.
it is impossible for me.
of course that is so possible, PayPal is digital currency but not cryptocurrency because it don't use blockchain technology.
if Bitcoin can connecting with PayPal that mean we are more and more closer to the time when cryptocurrency can use in real world.
let's see what the future waiting for us.
if Bitcoin can connecting with PayPal that mean we are more and more closer to the time when cryptocurrency can use in real world.
let's see what the future waiting for us.
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