Topic: Is bitcoin better or paypal? - page 33. (Read 281270 times)

I have not encountered any problems with bitcoin as of now so probably I'll go with bitcoin you can claim yout funds instantly unlike in paypal was my bad experience wait for long time

You have a point. However, what more likely the reason why bitcoin is better than paypal its anonymity. We all know that in a fiat wallet such as paypal, neteller, skrill and etc, you have to state your information and verify your information. You also have to make a statement every time you are going cashing out which is certainly inconvenient. Unlike in bitcoin, they wouldn't ask for your identification, where your money cam from, and etc. They wouldn't also reveal your email address since it is a sensitive information than can be hacked.

Actually, bitcoin is really better than Paypal. Because bitcoin is can use in any trading exchanges platform, bitcoin has value increase and decrease, and bitcoin is kind of currency which is digital or virtual payment while Paypal is not like what bitcoin has. Therefore, its good to use it than paypal.

Hey to actually be truthful you can't compare the two as they have their own features which some may like and some may not. Take the case of bitcoins how many people get scammed and there's nothing they can do about it because the money was sent but the service or product was never delivered. While in PayPal getting scammed is most of the time impossible. Of course there are users who misuse paypal protection feature but end of the day it's upon the user which on he wants to use for making payments.

I always prefer bitcoin wallet for saving my money. And I use PayPal to transact my converted bitcoins into my bank account. However bitcoin is more favoured due to its anonymity and security. Just imagine almost no wallet asks you for your personal documents and you can still trade big volumes of money and that too any where in the world. Due to it's decentralisation it is more easy to use as compare to PayPal. But at any point you need both of them. It's just which one is more preferable. For me bitcoin comes first then PayPal. 

In terms of security features I will go in paypal and if in the transactions I will go in bitcoin because the transaction in bitcoin will keep you anonymous and in paypal is not. And in terms of investment and profit matter of course with bitcoin because the price of bitcoin is pumping and dumping and in paypal is not that high.

Yes I totally agree with you  . Bitcoin is now better than paypal. In bitcoin you can earn money because of the price is continiously increasing. Many people also are using bitcoin to send and recieved money paypal every year become less bitcoin user very year are increasing. Yes dollars price is very stable price . Bitcoin have many use you can use also in business  and other purposes. So I choose bitcoin.

For now i think yes bitcoin is much better than paypal even paypal is much adopted by more country, because we can easily earn money in bitcoin and that is much prefer for more people nowadays and also the value of bitcoin are continuous increasing while in paypal they used only dollar currency which is very stable value.

I would prefer to choose bitcoin, because of the features it has like decentralization, security, easy to use, then every transaction it has low charge of fee's. Compare to paypal, it have many requirements to be needed in terms of every transaction you are going to made.

Even though bitcoin has achieved a lot in very less time damn.
It a slot more to conquer if we compare it to PayPal.
It has to overcome the billiion dollar marker of PayPal to become even greater.
Some reasons why bitcoin is better than PayPal are-
1)Low fees-this is certainly true as PayPal has been notorious for imposing hefty transaction fees on users of about 3%.
2)More options -With PayPal, users are locked into the fiat currency paradigm such as the US dollar, which will continue to lose value over time.
3)Being global-PayPal is not available in every country with notable exceptions being Iran, Afghanistan, North Korea, and Haiti.

Bitcoin on the other hand is the first true transnational currency because it is border-agnostic like the Internet. In other words, it can be controlled to an extent on a very local level but cannot be shut down globally unless electricity is shut off everywhere in the world.
4) Decentralised -The decentralized nature of Bitcoin means that there is no single clearing house monitoring and controlling the network.
5) Privacy - PayPal users as they are required go through the burdensome process of filling out long forms to prove where the money came from and what it will be used for. This is particularly true for international users.

yes everyone has their own opinion and to me i will also say that bitcoin is more good than paypal as bitcoin can give us good profit if the price of bitcoin goes up and secondly we can use bitcoin everywhere in the world.

This can be recovered by bitcoin once it has been announced as legal currency in the country. Since PayPal has involved in many email and site scams, people are behind the PayPal. Bitcoin is cen times better PayPal. More convenient and very low fees to transact your money to any country using the btc wallets. Till bitcoin reaches to laymen they will scratch and earn from the people with the high fees.

so far, I see that PayPal users are still more than bitcoin users. perhaps, because paypal is a payment that has been recognized and has been legalized by many countries, so that business users or investors in the Internet are more trusting than bitcoin paypal.

I disagree that due to only popularity bitcoin is more suitable as compared to PayPal. In one way PayPal may be more secure and it follow some terms and conditions and has limited people to transfer and gamble money here and there, which may be good in some sense.

But on the other hand, bitcoin is not limiting you and the people who are earning good using bit coin have no issues while getting their money out. So, I prefer using bit coin instead of PayPal for people who don’t want any restrictions on their money and for people who wants some security can use PayPal.

I completely agree on what you have say that bitcoin is better than paypal but it has no use if it is not even recognized as a currency

and not accepted in most business. It is still a debateable discussion if bitcoin is considered an asset or not because of the behavior

of bitcoin. Bitcoin and paypal are both payment systems so it is only natural to compare it.

Paypal is not a bank in the first place,it is just a transaction platform where you can send money and bitcoin is a commodity and can be used as an asset.Bitcoin is naturally better than paypal as you have complete control over your coins if you are saving it in your own wallet.

Actually PayPal isn't a bank at all, it's a payment processor and people like to store their money their.

Banks are going to give you some small interest upon depositing but PayPal don't, so you need to identify what makes PayPal as a bank.

And I would say that bitcoin / wallets are more near to be compared as bank, since the price are unstable, you can have chance of earning by simply depositing.

yes you are also right for example to me i do not have any interest in paypal and not ever used in my life time therefore i cannot say so exactly about paypal. but as i am using bitcoin for so many purposes and specially for mobile recharging therefore i think i have good idea about bitcoin and i will always try to use bitcoin instead of paypal.

we can not compare paypal with bitcoin because bitcoin is very profitable currency and we know maximum people invest their money in bitcoin and then wait for higher value of bitcoin for getting profit and it is a great feature of bitcoin so bitcoin is profitable currency and paypal is just payment system.

I think the bitcoin is both a bank and a payment system.