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Topic: Is Bitcoin less evil than PayPal? - page 6. (Read 5323 times)

member
Activity: 162
Merit: 10
September 05, 2017, 02:56:06 PM
I know someone that had there paypal account with over 5000 dollars froze for 6 months because paypal said they were suspicious.They just locked the money so they could make interest for 6 months
newbie
Activity: 33
Merit: 0
September 05, 2017, 11:05:28 AM
If we consider Paypal evil (I do), should we consider Bitcoin less evil?

Paypal allows chargeback fraud and is a feast for scammers
Then again
Bitcoin doesnt allow chargebacks and is a feast for scammers because of that


I think Bitcoin, however, cant be regarded as evil cuz its decentralized or semi-decentralized(china)


what do u think fellow people of Bitcointalk?


~CfA~

Money is evil. No matter the means of exchange, there will always be criminals or coup people.
full member
Activity: 266
Merit: 100
Platform for Investing in Cryptocurrency and ICOs
September 05, 2017, 10:46:49 AM
Bitcoin is definitely less evil than paypal. Bitcoin is an invisible product that is less likely to be hacked or broken while paypal is not. Bitcoin transaction is also irreversible.
sr. member
Activity: 406
Merit: 250
September 04, 2017, 03:57:00 PM
If we consider Paypal evil (I do), should we consider Bitcoin less evil?

Paypal allows chargeback fraud and is a feast for scammers
Then again
Bitcoin doesnt allow chargebacks and is a feast for scammers because of that


I think Bitcoin, however, cant be regarded as evil cuz its decentralized or semi-decentralized(china)


what do u think fellow people of Bitcointalk?


~CfA~

Frankly speaking, bitcoin can't be compared with paypal in any way due to the structural and operational difference. Bitcoin is a currency where paypal is not a currency, it is more of a payment processor. Bitcoin is decentralized and no one actually control it, where paypal is not decentralized and administered by a company. Paypal also regards various country laws but bitcoin has created a parallel economy without any government control.

So bitcoin and paypal can't be compared to its core. However, both facilitates payment from one person to another person. But bitcoin is something different than paypal. So really can't tell who is more evil. I consider bitcoin as a blessing.
hero member
Activity: 728
Merit: 500
September 04, 2017, 03:47:03 PM
Bitcoin is more "neutral" than PayPal.. but there is only one thing that i have to say about paypal.. is that bitcoin probably has more fees than pp right now.
Last week i sent a paypal payment of $5 and i only payed $0.40 of fees, and also i sent a payment of $7 worth of bitcoins and i had to pay $6 of fees.
so we now have even more fees than paypal.. but obviously it is more faster and better, i will choose bitcoin no matter what.
legendary
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 04, 2017, 03:42:53 PM
If evil is to be discussed. In bitcoin there are many. Because almost millions of people around the world experience it as investment sites use bitcoins to steal money. And they can not get it back because they do not know who gets their money. Unlike paypal when you send it you can still recover it. Maybe the difference between the two is because the company is paypal and the bitcoins are a decentralized run because of people

Paypal is more secure compared with bitcoin, as you mention, there are more devils in bitcoin. These are called scammers and it's not possible to reverse our transactions after get scammed or got our money stolen. In paypal, there is chargeback function to get our money back.
Yes, PayPal is considered more secure because of the functioning happening under a centralized platform where users have got the opportunity to demand if something goes wrong. With bitcoin the situation is different that, we can't question it to anyone if something goes wrong.
full member
Activity: 170
Merit: 100
September 04, 2017, 03:39:32 PM
If evil is to be discussed. In bitcoin there are many. Because almost millions of people around the world experience it as investment sites use bitcoins to steal money. And they can not get it back because they do not know who gets their money. Unlike paypal when you send it you can still recover it. Maybe the difference between the two is because the company is paypal and the bitcoins are a decentralized run because of people

Paypal is more secure compared with bitcoin, as you mention, there are more devils in bitcoin. These are called scammers and it's not possible to reverse our transactions after get scammed or got our money stolen. In paypal, there is chargeback function to get our money back.
newbie
Activity: 14
Merit: 0
September 04, 2017, 03:36:31 PM
How can Bitcoin be evil when it doesn't even have a main controller?

I don't agree with ya mate

:/
hero member
Activity: 2534
Merit: 586
September 04, 2017, 11:54:25 AM
If we consider Paypal evil (I do), should we consider Bitcoin less evil?

Paypal allows chargeback fraud and is a feast for scammers
Then again
Bitcoin doesnt allow chargebacks and is a feast for scammers because of that


I think Bitcoin, however, cant be regarded as evil cuz its decentralized or semi-decentralized(china)


what do u think fellow people of Bitcointalk?


~CfA~

There were actually alot mate more than you think. Actually when it comes to illegal(evil propaganda) bitcoin is the easiest way to use as a payment option rather than paypal because bitcoin transactions are harder to track.
I won't deny you for once but it is very wrong and inappropriate to judge bitcoins by taking only one point in consideration. PayPal is more of a help when you want to track someone but not all of us are criminals. For a person like me, I want two properties in big transactions. They should be fast and cheap. Bitcoins provide me with this.
hero member
Activity: 910
Merit: 500
September 03, 2017, 03:54:34 AM
If we consider Paypal evil (I do), should we consider Bitcoin less evil?

Paypal allows chargeback fraud and is a feast for scammers
Then again
Bitcoin doesnt allow chargebacks and is a feast for scammers because of that


I think Bitcoin, however, cant be regarded as evil cuz its decentralized or semi-decentralized(china)


what do u think fellow people of Bitcointalk?


~CfA~

There were actually alot mate more than you think. Actually when it comes to illegal(evil propaganda) bitcoin is the easiest way to use as a payment option rather than paypal because bitcoin transactions are harder to track.
full member
Activity: 434
Merit: 100
September 03, 2017, 03:50:23 AM
If evil is to be discussed. In bitcoin there are many. Because almost millions of people around the world experience it as investment sites use bitcoins to steal money. And they can not get it back because they do not know who gets their money. Unlike paypal when you send it you can still recover it. Maybe the difference between the two is because the company is paypal and the bitcoins are a decentralized run because of people
full member
Activity: 252
Merit: 100
September 03, 2017, 03:20:26 AM
I really dont think any of these are evil because they are all meant to be there and be used in descretion of people. And if you have an account already, your job is to be careful on your transactions to avoid the scammers. There is no need to blame anyone as the only one resonsible to these transactions are the users themselves. Just like in a regular transaction in a store or something and we should who we buy to to also avois scams. It just so happens that in bitcoin and in paypal, transactions are through digital and throug online accounts.
copper member
Activity: 658
Merit: 284
August 26, 2017, 12:11:17 PM
PayPal is full of shit! Don't want to even hear its name because PayPal robs people money in one way other. One thing I hate about PayPal is nobody is safe with PayPal no matter how rich or safe you think you are PayPal will still rob you and steal your hard earn money. Angry
Pab
legendary
Activity: 1862
Merit: 1012
August 24, 2017, 03:52:35 PM
PayPal is not evil,PP is stupid,BTC is not online wallet it is currence,Your question is very stupid
sr. member
Activity: 826
Merit: 263
August 24, 2017, 03:33:08 PM
I don't think bitcoin can be compared with paypal in any way because paypal is not a currency. While bitcoin is a currency itself, paypal is a service provider of internet transactions. Paypal is also regulated by a central authority and several other country regulations. Bitcoin is decentralized and no one is actually controlling the bitcoin.

That's true that bitcoin is used by many criminals and for many illegal transactions. But bitcoin is far more potential than we can actually think off. Take it as an investment for another 5 years and you will see the magic. That's exactly is where I am heading.

There are too much trolling bitcoin by bitcoin user itself here in the forum. If you more concern about altcoin. There are many threads in that you can tell bitcoin at there not in this section at all.
PayPal is the spammy and scam attack and they done many email scam and many more. But blockchain does not have this mind of experience with anyone.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
August 24, 2017, 03:24:37 PM
Chargeback in PayPal is to curtail frauds which is necessary to prevent scammers, meanwhile the verification processing and restrictions of paypal to some countries is a major set back of which bitcoin has no restrictions and there is no cumbersome verification processing which  makes bitcoin to have an egde over PayPal.
sr. member
Activity: 1008
Merit: 355
August 24, 2017, 02:42:59 PM
I think Bitcoin is less evil than PayPal. There are now also many scammers and hackers who are using Bitcoin but it is not usually the fault of Bitcoin why these people exist...we just have to be careful not to be victims of these bad people as it is impossible to get rid of them. PayPal has the power to do whatever they want especially if they suspect you of doing something they "feel" can be illegal or against the TOS.
member
Activity: 162
Merit: 10
August 24, 2017, 02:13:10 PM
Bitcoin is not evil, the governments who want to put the world into financial slavery, they are evil
legendary
Activity: 3080
Merit: 1500
March 05, 2017, 01:29:27 PM
I don't think bitcoin can be compared with paypal in any way because paypal is not a currency. While bitcoin is a currency itself, paypal is a service provider of internet transactions. Paypal is also regulated by a central authority and several other country regulations. Bitcoin is decentralized and no one is actually controlling the bitcoin.

That's true that bitcoin is used by many criminals and for many illegal transactions. But bitcoin is far more potential than we can actually think off. Take it as an investment for another 5 years and you will see the magic. That's exactly is where I am heading.
hero member
Activity: 602
Merit: 500
March 05, 2017, 01:21:44 PM
A lot of people will be biased in this matter and I won't lie and say I'm not. I've only had bad experiences with paypal and would prefer to never have to do business with them again. All the more reason for me to try my best and help bitcoin succeed.

People commenting here are mostly the bitcoin lovers and they will prefer bitcoin of course. Paypal is also not a bad service as it has been around for a long time.
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