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Topic: One event ...could hyper-accelerate adoption - page 2. (Read 2306 times)

legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
November 24, 2014, 11:21:13 PM
#11
But, who the hell would leave more than a couple of hundred sitting on paypal?

i had a few thousand in mine for a about a year before i spent it
hero member
Activity: 1008
Merit: 502
November 24, 2014, 10:57:12 PM
#10
I do not think Bitcoi8n needs paypal, imagine of all thos places listed on the statement just accepted bitcoins freely. If you let Paypal get their grubby hands on Bitcoin you now have a messed up system by using them. You will see magical fees and they know they have the power to destroy new people. If new people are comfortable with paypal but know nothing about Bitcoins, they will see these astronomical fees paypal has added to bitcoin transactions and thus be deterred from farther adapting or using bitcoins straight out. i am not excited to see paypal involved with bitcoin in any way. I just see fees on top of fees, much like the ones we see on our cash transactions thru them now.
legendary
Activity: 1596
Merit: 1000
November 24, 2014, 09:55:17 PM
#9
I think you're overestimating the importance of Paypal. They're not alone in the fiat payment space anymore and conversion from Bitcoin to fiat money will become obsolete if you can buy anything directly with Bitcoin. Actually, I'm quite sure that PayPal will not be around looking ten years into the future...
I agree. Paypal is really not as heavily used for P2P payments as it was 10 years ago as it now has many competitors who have major market share. IMO paypal accepting bitcoin would be more beneficial to paypal then it would to bitcoin
Absolutely! Even paypal feel the competition pressure from other kind of payment processing company, especially from the cryptocurrency bitcoin. So they change their strategy to integrate bitcoin to their system.  If they don't adapt to the changing economic environment, they will die soon.
legendary
Activity: 1036
Merit: 1000
Thug for life!
November 24, 2014, 09:39:36 PM
#8
I think you're overestimating the importance of Paypal. They're not alone in the fiat payment space anymore and conversion from Bitcoin to fiat money will become obsolete if you can buy anything directly with Bitcoin. Actually, I'm quite sure that PayPal will not be around looking ten years into the future...
I agree. Paypal is really not as heavily used for P2P payments as it was 10 years ago as it now has many competitors who have major market share. IMO paypal accepting bitcoin would be more beneficial to paypal then it would to bitcoin
full member
Activity: 153
Merit: 100
November 24, 2014, 08:16:03 PM
#7
I think you're overestimating the importance of Paypal. They're not alone in the fiat payment space anymore and conversion from Bitcoin to fiat money will become obsolete if you can buy anything directly with Bitcoin. Actually, I'm quite sure that PayPal will not be around looking ten years into the future...

Bitcoin is already in healthy organic growth. It's more likely that the Bitcoin ETF will trigger another hype cycle than a new payment provider. (There would be a positive effect for sure, but it would not be significant longer term I think.)

ya.ya.yo!
Well, ten years into the future fiat money will still exist for sure so.. what if not paypal is going to be going that sort of bridge service between fiat and internet transactions?
full member
Activity: 208
Merit: 117
November 24, 2014, 08:14:43 PM
#6
I think you're overestimating the importance of Paypal. They're not alone in the fiat payment space anymore and conversion from Bitcoin to fiat money will become obsolete if you can buy anything directly with Bitcoin. Actually, I'm quite sure that PayPal will not be around looking ten years into the future...

Bitcoin is already in healthy organic growth. It's more likely that the Bitcoin ETF will trigger another hype cycle than a new payment provider. (There would be a positive effect for sure, but it would not be significant longer term I think.)

ya.ya.yo!

Its all about critical mass and the moment 15.3 million paypal users have an option of buying and selling bitcoin on their paypal dashboard ...immediately overnight there is a whole new market of users. Couple that with businesses getting their Bitcoin integration in order and you have what would be by all accounts a commerce revolution.
legendary
Activity: 1806
Merit: 1024
November 24, 2014, 07:27:32 PM
#5
I think you're overestimating the importance of Paypal. They're not alone in the fiat payment space anymore and conversion from Bitcoin to fiat money will become obsolete if you can buy anything directly with Bitcoin. Actually, I'm quite sure that PayPal will not be around looking ten years into the future...

Bitcoin is already in healthy organic growth. It's more likely that the Bitcoin ETF will trigger another hype cycle than a new payment provider. (There would be a positive effect for sure, but it would not be significant longer term I think.)

ya.ya.yo!
legendary
Activity: 1122
Merit: 1017
ASMR El Salvador
November 24, 2014, 07:20:49 PM
#4
Nice photoshop image.
It may happen in a couple of years.  Cheesy
legendary
Activity: 1736
Merit: 1023
November 24, 2014, 07:14:27 PM
#3
Would Paypal be able to freeze your account and your bitcoins? I've heard some horror stories about people when keeping large values in paypal.

Definitely would bring it more to the masses for sure though.
hero member
Activity: 518
Merit: 500
Hodl!
November 24, 2014, 06:39:26 PM
#2
But, who the hell would leave more than a couple of hundred sitting on paypal?
full member
Activity: 208
Merit: 117
November 24, 2014, 06:36:57 PM
#1


If .... Discuss image
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