No, it is even banning users who uses cryptocurrency with PayPal account.
Yeah Paypal not allowed you to exchange money to Bitcoin through paypal, it's against their ToS. Even though, we have seen in here there are still people exchange Paypal to Bitcoin in this forum.
Topic: Paypal accept bitcoin - page 6. (Read 4886 times)
I am not a huge fan of Paypal and only use them when I definitely have to. I've had a run in with them in the past as a merchant and they were very unfair with the way they handled the situation. They will suspend your account and hold your funds etc without much of an explanation, well at least that was my experience with them a few days ago, I don't know if they've changed the way they operate. I personally wouldn't encourage anyone to store their BTC there if they did provide that option in the future as it would be much too risky.
PayPal doesn't directly accept Bitcoin, but Braintree, a division of PayPal has partnered with Coinbase to accept Bitcoin.
Currently, Bitcoin network processes around 7 transactions per second, while PayPal with an average of 200 tps. In terms of scalability and daily transactions volume, Bitcoin is much far behind PayPal. But apart from being a good store of value, Bitcoin could also be a better decentralized version of PayPal by building second layer payment systems on top of Bitcoin, Lightning Network.
So in future, Bitcoin might be better than PayPal, but again it depends on how users will treat Bitcoin, as a store of value or medium of exchange and the extent of merchant adoption.
Currently, Bitcoin network processes around 7 transactions per second, while PayPal with an average of 200 tps. In terms of scalability and daily transactions volume, Bitcoin is much far behind PayPal. But apart from being a good store of value, Bitcoin could also be a better decentralized version of PayPal by building second layer payment systems on top of Bitcoin, Lightning Network.
So in future, Bitcoin might be better than PayPal, but again it depends on how users will treat Bitcoin, as a store of value or medium of exchange and the extent of merchant adoption.
This is very good information. Paypal kind of accepts Bitcoin in its own way through Braintree. There will be a time that Bitcoin will need to be an accepted form of payment for all goods and services.
They're totally different systems in my opinion. I don't think it will accept it anytime soon.
I think it's possible. but for now, there are no signs for it yet. Currently, PayPal has become a bank that is recognized on the internet. while bitcoin, is just an investment tool. maybe paypal can take advantage of bitcoin by considering bitcoin as an investment tool like gold. but, it should be with clear data.
Well in terms in transaction volume with bitcoin 7 transaction per second compared to paypal's 200 transaction per second bitcoin is far behind but bitcoin now a days is not for transactions but more like an asset to store your money for long term profit. Also bitcoin's demand is increasing rapidly it may not be as good as an payment processor but it is a goos investment.
Like making their own coin and others are just spreading false news so citizens will not invest on it.
They will never have any impact on Bitcoin or other crypto currencies. State issued currencies are always tied to the broken financial system with all its negative aspects. At most people only gain more convenience when using a state issued crypto currency compared to how they used fiat prior to that. Some people here still don't understand that, and for that reason believe that if PayPal or a government issues its own currency, it will make our current crypto's obsolete. They completely ignore why crypto, and especially Bitcoin attracts so much attention, praise and actual usage. It all comes down to a lacking knowledge.
No, it is even banning users who uses cryptocurrency with PayPal account.
Do you think this is possible? Guys is it?
Yes bitcoin being accepted by PayPal is possible to happen. We just have to wait for their proper announcement since many will prefer to get into bitcoin since it's an all in all type of currency, investment and at the same time a payment sender and receiver.
Do you think this is possible? Guys is it?
Yes bitcoin being accepted by PayPal is possible to happen. We just have to wait for their proper announcement since many will prefer to get into bitcoin since it's an all in all type of currency, investment and at the same time a payment sender and receiver.
1) Do you think about this news will happen ?
2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ?
3) Do you think bitcoin will be better than paypal ? when will happen ?
4) which better for now PP or BTC ?
2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ?
3) Do you think bitcoin will be better than paypal ? when will happen ?
4) which better for now PP or BTC ?
- I don't think that Paypal is accepting Bitcoin, but it could be some of the Paypal users are accepting Bitcoin as payment, but I think there are only few of them doing this things.
- We don't know what will happen in the next 3 to 7 years from now, but it maybe not or maybe.
- Bitcoin 100% is better than paypal because of its volatility, and features it has and very useful usages of bitcoin for the users.
- It is still bitcoin was better than PP.
Do you think this is possible? Guys is it?
Yes bitcoin being accepted by PayPal is possible to happen. We just have to wait for their proper announcement since many will prefer to get into bitcoin since it's an all in all type of currency, investment and at the same time a payment sender and receiver. No, I don't think so. I mean its not needed. BTC transaction itself so simple and can be transferred across whole globe.
IF BTC reduces Fees then it can easily grab Paypal market.
PP is better coz it legally approved.
Right, we can just exhange funds with other users for this kind of matter. For those paypal merchant out there, they can just use a payment processor that accepts bitcoin. The problem we are facing right now are the fees and the confirmation times there are times that the network is overloaded with transaction but it's not permanent. IF BTC reduces Fees then it can easily grab Paypal market.
PP is better coz it legally approved.
Imo bitcoin is better if you are the type of person that doesn't have a credit/debit card. Both bitcoin and paypal has their positives and negatives.
Do you think this is possible? Guys is it?
No, I don't think so. I mean its not needed. BTC transaction itself so simple and can be transferred across whole globe.
IF BTC reduces Fees then it can easily grab Paypal market.
PP is better coz it legally approved.
Right, we can just exhange funds with other users for this kind of matter. For those paypal merchant out there, they can just use a payment processor that accepts bitcoin. The problem we are facing right now are the fees and the confirmation times there are times that the network is overloaded with transaction but it's not permanent. IF BTC reduces Fees then it can easily grab Paypal market.
PP is better coz it legally approved.
Imo bitcoin is better if you are the type of person that doesn't have a credit/debit card. Both bitcoin and paypal has their positives and negatives.
In my opinion this case is totally possible. It'll be happened soon when Bitcoin will be legalized worldwide or only in few big countries like US or Germany. But I think it'll take really long time to legalize Bitcoin because of its disadvantages 
Bitcoin 's full legalization will not last long, because it will never be fully legalized. World countries do not yet have a consensus on crypto money, in fact most countries do not even have an idea.
1) No
2) No
3) Bitcoin is better than PayPal. Because I was once a Victim
4) BTC
2) No
3) Bitcoin is better than PayPal. Because I was once a Victim
4) BTC
I think this is possible to happen that paypal accepts bitcoin just look at bitcoin now paypal will benefits a lot too if they accept bitcoin
3-7 years yup it's possible as long as bitcoin is finally recognized by the government and recommend it for mass adoption
Yup both bitcoin and paypal will be much better with each other
Right now in terms of transaction i think paypal is still much better but i use bitcoin as my asset so it's good too.
3-7 years yup it's possible as long as bitcoin is finally recognized by the government and recommend it for mass adoption
Yup both bitcoin and paypal will be much better with each other
Right now in terms of transaction i think paypal is still much better but i use bitcoin as my asset so it's good too.
1) No, I feel paypal is good with dollars.
2) No, I don't think so. I mean its not needed. BTC transaction itself so simple and can be transferred across whole globe.
3) IF BTC reduces Fees then it can easily grab Paypal market.
4) PP is better coz it legally approved.
2) No, I don't think so. I mean its not needed. BTC transaction itself so simple and can be transferred across whole globe.
3) IF BTC reduces Fees then it can easily grab Paypal market.
4) PP is better coz it legally approved.
Paypal is the direct competitor of Bitcoin so not a chance in hell. Bitcoin is designed to be peer-to-peer effectively making PayPal services absolutely redundant if it became mainstream.
In the global marketplace, rivalries can be friendly for a day, there are many examples. Apple and Samsung look like competitors, they can act jointly. But I think Paypal is a finished company.
I'm more curious about when Coinbase will start offering dollar transfers like Paypal? That's a much easier transition than going to crypto.
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