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Wow. Signing a petition for paypal to accept bitcoin is like shoving a product into the consumer's mouth.
You're definitely right guys but I personally think when merchants starts to accept Bitcoin through PayPal (they use PP now) it will be just even easier to move them from PP to Bitcoin itself.
Bitcoin is great for merchants to get paid for their services, but when merchants want to use it and decide to implemet it through BitPay and other craps (not directly their own wallet), it's in fact the same as if they would use PP. That's not the solution to centralization problem... BitPay = PayPal for Bitcoin.
Bitcoin is great for merchants to get paid for their services, but when merchants want to use it and decide to implemet it through BitPay and other craps (not directly their own wallet), it's in fact the same as if they would use PP. That's not the solution to centralization problem... BitPay = PayPal for Bitcoin.
That is because bitcoin is not currency but a way to send currency. Bitcoin does nothing to change the centrilization model. Bitcoin is centralized and the asic chip manufactures are the central authority.
Could you put some references? Sounds interesting
http://newsbtc.com/2014/04/24/photos-kncminers-hashing-data-center/
https://www.youtube.com/watch?v=bi2thGzzNSs
You're definitely right guys but I personally think when merchants starts to accept Bitcoin through PayPal (they use PP now) it will be just even easier to move them from PP to Bitcoin itself.
Bitcoin is great for merchants to get paid for their services, but when merchants want to use it and decide to implemet it through BitPay and other craps (not directly their own wallet), it's in fact the same as if they would use PP. That's not the solution to centralization problem... BitPay = PayPal for Bitcoin.
Bitcoin is great for merchants to get paid for their services, but when merchants want to use it and decide to implemet it through BitPay and other craps (not directly their own wallet), it's in fact the same as if they would use PP. That's not the solution to centralization problem... BitPay = PayPal for Bitcoin.
That is because bitcoin is not currency but a way to send currency. Bitcoin does nothing to change the centrilization model. Bitcoin is centralized and the asic chip manufactures are the central authority.
Could you put some references? Sounds interesting
You're definitely right guys but I personally think when merchants starts to accept Bitcoin through PayPal (they use PP now) it will be just even easier to move them from PP to Bitcoin itself.
Bitcoin is great for merchants to get paid for their services, but when merchants want to use it and decide to implemet it through BitPay and other craps (not directly their own wallet), it's in fact the same as if they would use PP. That's not the solution to centralization problem... BitPay = PayPal for Bitcoin.
Bitcoin is great for merchants to get paid for their services, but when merchants want to use it and decide to implemet it through BitPay and other craps (not directly their own wallet), it's in fact the same as if they would use PP. That's not the solution to centralization problem... BitPay = PayPal for Bitcoin.
That is because bitcoin is not currency but a way to send currency. Bitcoin does nothing to change the centrilization model. Bitcoin is centralized and the asic chip manufactures are the central authority.
You're definitely right guys but I personally think when merchants starts to accept Bitcoin through PayPal (they use PP now) it will be just even easier to move them from PP to Bitcoin itself.
Bitcoin is great for merchants to get paid for their services, but when merchants want to use it and decide to implemet it through BitPay and other craps (not directly their own wallet), it's in fact the same as if they would use PP. That's not the solution to centralization problem... BitPay = PayPal for Bitcoin.
Bitcoin is great for merchants to get paid for their services, but when merchants want to use it and decide to implemet it through BitPay and other craps (not directly their own wallet), it's in fact the same as if they would use PP. That's not the solution to centralization problem... BitPay = PayPal for Bitcoin.
I guess noneof you realise that even though Paypal will accept Bitcoin in certain selling areas, there is no seller protection, don't you?
This is the inherent risk of accepting paypal. The point of PP accepting bitcoin as payment is that sellers will not want to accept bitcoin for whatever reason but buyers will not want to use paypal. PP accepting bitcoin would allow these two classes of people to conduct business
I guess noneof you realise that even though Paypal will accept Bitcoin in certain selling areas, there is no seller protection, don't you?
The best thing you need to do is skip Paypal all together, because Paypal is own by Central Banks.
Instead, you need to find out which companies accept Paypal, and create petitions to those companies directly to get them to accept Bitcoin as form of payment method.
Instead, you need to find out which companies accept Paypal, and create petitions to those companies directly to get them to accept Bitcoin as form of payment method.
today , We see the results, it is paypal accepted BTC.
ah,Hard work was not in vain.
Demonstrated rapid development bitcoin .. If it can hook the largest trading market in the world certainly will increasingly frequent use of bitcoin, allowing also for the price rises againah,Hard work was not in vain.
They've already stated they will accept bitcoin and nothing happened. Not really sure this will change in the near future.
today , We see the results, it is paypal accepted BTC.
ah,Hard work was not in vain.
Demonstrated rapid development bitcoin .. If it can hook the largest trading market in the world certainly will increasingly frequent use of bitcoin, allowing also for the price rises again ah,Hard work was not in vain.
today , We see the results, it is paypal accepted BTC.
ah,Hard work was not in vain.
ah,Hard work was not in vain.
PP already started accepting BTC yeah?
Its just a publicity stunt. Bitcoiners flooded in pissed off at paypal. Now welcoming them with open arms 
.
Bitcoin was sold to the public as a way to get payment processors and their high fees out of our lives. Now that everyone realizes the cost of insuring their own transactions they are clamoring for financial institutions and governmental agencies to protect them from their own stupidity and inability to accurately assess risk. It is a "if you cant bet them join them" mentality, but to me it makes no difference there will never be wide spread adoption. Bitcoin itself solves no problems and adds extra layers of cost.
. Bitcoin was sold to the public as a way to get payment processors and their high fees out of our lives. Now that everyone realizes the cost of insuring their own transactions they are clamoring for financial institutions and governmental agencies to protect them from their own stupidity and inability to accurately assess risk. It is a "if you cant bet them join them" mentality, but to me it makes no difference there will never be wide spread adoption. Bitcoin itself solves no problems and adds extra layers of cost.
Everyone have been bitchin about BTC not having consumer protection. {Let them, who needs protection, use PayPal} They use insurance to cover that anyway.
What BTC needs now, is the mass adoption from general consumers to push the demand for the coin. {That can happen, with PayPal accepting BTC}
Will PayPal hurt BTC? - For sure, like any other company, adding useless extra fees to the transaction, it would neurtalize the benefit of cheaper micro transactions.
Would PayPal benefit BTC? - Yes it would. {Simple exposure to the currency, from a already established consumer base.}
Would BTC transactions through PayPal be cheaper, than the tradisional payment methods? {I doubt it... PayPal would absorb any savings as profit} Consumers will only save, because they have less banking fees to deal with, up to the point, where they buy into PayPal.
Do we need PayPal {Centralized organization, eating the benefits of the currency}Yes until, we can offer reliable alternatives for the lack of consumer protection in BTC
So it has positive and negative sides.
What BTC needs now, is the mass adoption from general consumers to push the demand for the coin. {That can happen, with PayPal accepting BTC}
Will PayPal hurt BTC? - For sure, like any other company, adding useless extra fees to the transaction, it would neurtalize the benefit of cheaper micro transactions.
Would PayPal benefit BTC? - Yes it would. {Simple exposure to the currency, from a already established consumer base.}
Would BTC transactions through PayPal be cheaper, than the tradisional payment methods? {I doubt it... PayPal would absorb any savings as profit} Consumers will only save, because they have less banking fees to deal with, up to the point, where they buy into PayPal.
Do we need PayPal {Centralized organization, eating the benefits of the currency}Yes until, we can offer reliable alternatives for the lack of consumer protection in BTC
So it has positive and negative sides.
....or we can just use bitcoins and forget paypal
We can but paypal are likely way more skilled at making bitcoin palatable to the mainstream. We've had years and main streamers dont get it or use it.
....or we can just use bitcoins and forget paypal
Took about a year to reach this point 
YEAAAAH. Bitcoin on the mooooon.
@JoelKatz
Told you fool.
http://altcoinpress.com/2014/09/breaking-ebay-announces-paypal-bitcoin-integration/
Told you fool.
http://altcoinpress.com/2014/09/breaking-ebay-announces-paypal-bitcoin-integration/
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