Topic: Bitcoin Vs. Paypal - page 7. (Read 7748 times)
PayPal is a shitty company in general but it is more widespread/known and has credibility. Bitcoin is 100x better and will surpass it in the future when it has enough exposure and acceptance.
Bitcoin is not a challenger to paypal as paypal is a centralized system and bitcoin is the opposite.The topic of comparison doesn't even arises between these two.Paypal is moreover a payment gateway while bitcoin is a virtual currency.
right..so, what do you think is more safer? Bitcoin or paypal?
Bitcoin is not a challenger to paypal as paypal is a centralized system and bitcoin is the opposite.The topic of comparison doesn't even arises between these two.Paypal is moreover a payment gateway while bitcoin is a virtual currency.
Paypal is not a currency so judging from there, the question is imo incorrect.
That is a major point of bitcoin. You are your own bank, you are the one controlling and safe-guarding the money.
I actually prefer bank to guard my money, at least I blame them for losing my money.
Well you are not alone then.
Some bitcoiners still now prefer to store their bitcoin on exchanges and let the site hold and protect the bitcoin, even after the hack and bankruptcy of mtgox.
Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer? 
The tx fee is much higher for Paypal than bitcoin.
Is it? You can send and recive payments for free on Paypal and I often do,
You can easily lose your Paypal balance in a chargeback, and the dispute resolution is very bad IMO.
True, but there's also the flipside with bitcoin. If you lose your balance due to fraud or hacking those coins are gone forever and you're not going to get them back so swings and roundabouts really.
must be carefully so there are no exposed bitcoin theft or hacking.
Exactly.
That is a major point of bitcoin. You are your own bank, you are the one controlling and safe-guarding the money.
I actually prefer bank to guard my money, at least I blame them for losing my money.
Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer?
The tx fee is much higher for Paypal than bitcoin.
Is it? You can send and recive payments for free on Paypal and I often do,
You can easily lose your Paypal balance in a chargeback, and the dispute resolution is very bad IMO.
True, but there's also the flipside with bitcoin. If you lose your balance due to fraud or hacking those coins are gone forever and you're not going to get them back so swings and roundabouts really.
must be carefully so there are no exposed bitcoin theft or hacking.
Exactly.
That is a major point of bitcoin. You are your own bank, you are the one controlling and safe-guarding the money.
Been dealing with paypal for over 10 years. I acknowledge that there have been disagreements on dispute resolution. Otherwise, they've never screwed me without reason.
Correct. They have a rep to protect.
I think bitcoin payment systems will become more and more popular soon, because of lower (or non-existent) fees.
I hope to be soon able to pay in virtual currencies just like Paypal.
I hope to be soon able to pay in virtual currencies just like Paypal.
Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer?
The tx fee is much higher for Paypal than bitcoin.
Is it? You can send and recive payments for free on Paypal and I often do,
You can easily lose your Paypal balance in a chargeback, and the dispute resolution is very bad IMO.
True, but there's also the flipside with bitcoin. If you lose your balance due to fraud or hacking those coins are gone forever and you're not going to get them back so swings and roundabouts really.
must be carefully so there are no exposed bitcoin theft or hacking.
It is really silly question to be asked here. But in general there is one answer really. If you can use bitcoin to buy something you should use that way. It is the most tax-free method. So there is no better way to buy stuff online really...
"If you value liberty, then you should value bitcoin." 
But you cannot use bitcoin anywhere you go?
Paypal fuks you over in business by limiting your account on large transactions or even small ones over a period of time.
This happens to almost everyone I know who dealt with paypal.
This happens to almost everyone I know who dealt with paypal.
Like how big? A couple of thousand dollars or what?
"If you value liberty, then you should value bitcoin."
Well, while reading at it. Bitcoin had been a challenger to paypal. Which is more useful and highly digitalized currency now? What do you think or which do you prefer?
PayPal isn't a currency. There's no denomination "PayPal". It's merely an online account and a service, just like a Credit Card. if can be used to purchase goods and services over the Internet and is being used to protect consumers from fraud and scams. Bitcoin, on the other hand, is a currency. But it needs services like PayPal!
Bitcoin Vs. Paypal
i choose bitcoin
because i use bitcoin
i choose bitcoin
because i use bitcoin
Been dealing with paypal for over 10 years. I acknowledge that there have been disagreements on dispute resolution. Otherwise, they've never screwed me without reason.
Paypal fuks you over in business by limiting your account on large transactions or even small ones over a period of time.
This happens to almost everyone I know who dealt with paypal.
This happens to almost everyone I know who dealt with paypal.
It depends if your talking as buyer or seller. Buyer paypal offers protection, you can get protection via escrow or using a trusted member. But as a seller paypal makes it harder for sellers. It makes it where selling currency via ebay is hard to do among other things.
The truth is Paypal has some advantages such as buyer protection, which would prevent a lot of scams we see here. Bitcoin is wonderful technology but it cannot be said to be better for buyers in my opinion.
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