Paypal and Bitcoin are 2 different and they're not compatible at all.
Even paypal have bitcoin service, i'm sure it'll be centralized and 100% not anonymos. In fact, i think it will be worse than Coinbase because they very suspicious with user activity and often freeze account with vague reason.
They might have have resources and intelligence to do so, but i think it'll be vain.
Topic: Paypal & Bitcoin - page 3. (Read 2382 times)
Paypal and Bitcoins are both competitors, paypal is not available in other country same with Bitcoins.
but its more advantage using Bitcoin compare to Paypal.
but its more advantage using Bitcoin compare to Paypal.
PayPal and Bitcoin can co-exist in the same market, but each with a lower market share. Bitcoin just gives you another decentralized alternative payment option over PayPal. There are 1000's of people,
who got burned by PayPal and their stupid rules and regulations and who would look for other alternatives and then there are many who got hacked or lost some coins on the Bitcoin side. We will see a
movement of people from and to each of these options over the years.
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paypal is not available in other country same with Bitcoins.
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From where you concluded bitcoin is not available in some countries just like paypal? paypal is not available in other country same with Bitcoins.
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Bitcoin can be used even in north korea even they are strict in regulation, if you are talking about uses of bitcoin in local merchant than yes it will take time but in near future merchants from every country will adopt bitcoin.
Paypal and Bitcoins are both competitors, paypal is not available in other country same with Bitcoins.
but its more advantage using Bitcoin compare to Paypal.
but its more advantage using Bitcoin compare to Paypal.
Paypal & Bitcoin?
i would rather choose still Bitcoin not because im a bitcoin enthusiast.
aside from that Paypal is very strict to their client online they ask many requirements
before the client get what they want in paypal transaction.
this is just a comparison for me between paypal and Bitcoin.
i would rather choose still Bitcoin not because im a bitcoin enthusiast.
aside from that Paypal is very strict to their client online they ask many requirements
before the client get what they want in paypal transaction.
this is just a comparison for me between paypal and Bitcoin.
What will be curious to see if bitcoin gets into the crypto world,even with a third companie between them and the costumers,how they will act as the ammounts start to come big to they transfer to bank accounts,the legislation wont block such funds?
now paypal still used by many people because they feel safe buy something with paypal but one days bitcoin will replace paypal.
I don't think they will be fine together regardless of the management, PayPal is based on using transactions between users for a cost "higher than bitcoin by a large margin" Therefore both seem to be at least competitors and won't fit together IMO.
There is no doubt if paypal integrate xapo and by them start dealing with bitcoin as altcoins will be a huge jump as people may deposit at paypal and moove into crypto and do the reverse,but one thing is that maybe paypal will block the funds as they will ask to know where the money from.I hope if this happens paypal be more clean,asking their users if they will use crypto,and then they dont block any funds from those.
One thing is sure paypal is making something to reach the crytp currency ,otherwise would make any sense to hire the ceo of xapo,soo we may see paypal integrated into xapo or working with crypto currencie,maybe just bitcoin.
yes i agree with that,do you think its good news or bad news if paypal really work with xapo or hire ceo of xapo to make something new between bitcoin and paypal? 
One thing is sure paypal is making something to reach the crytp currency ,otherwise would make any sense to hire the ceo of xapo,soo we may see paypal integrated into xapo or working with crypto currencie,maybe just bitcoin.
you are right. paypal supposed to have a partnership with a site that accepts wallet altcoin like xapo or work for crypto, even with bitcoin. it is about time that paypal accept bitcoin or other altcoin
One thing is sure paypal is making something to reach the crytp currency ,otherwise would make any sense to hire the ceo of xapo,soo we may see paypal integrated into xapo or working with crypto currencie,maybe just bitcoin.
I would think Paypal would like to be part of bitcoin before it is too late, they will figure a way to integrate it into their payment system and bringing this guy on board is a step in the right direction.
Who knows they might be looking at sidestepping bitcoin and creating their own alternative, but it would make more sense for them to move into bitcoin early to get a piece of the pie and we are still early in the bitcoin era.
Who knows they might be looking at sidestepping bitcoin and creating their own alternative, but it would make more sense for them to move into bitcoin early to get a piece of the pie and we are still early in the bitcoin era.
Maybe most of PayPal's efforts will be in vain.
They're trying to apply their old hat methodologies to Bitcoin, but it just isn't going to fly.
Maybe they're intelligent enough to build some form of a product or service on top of the Blockchain, rather than just doing the thing that everyone else with half a brain has already done - which is the same old, same old "integration of bitcoin payments."
What these guy's don't understand is that they are the same breed of middlemen that Bitcoin was designed to disrupt, and Bitcoin doesn't need some third pary, intermediary payment transmission system for it to work. I can easily send BTC payments to anyone, worldwide, without having PayPal deduct their highly inflated fees.
We are in the age of applications as opposed to the oversized, clunky service providing corporations of yesteryear. And bitcoin represents the age of 'decentralised' applications. PayPal has an ethos that is just not compatible with this new world that has been enabled due to Blockchain tech
Maybe they'll be forced to find this out the hard way
Very good post I totally agree with.
I absolutely see no reason why I should use a Paypal created service on top of the Bitcoin Blockchain.I just use Bitcoin direct and that's it.
But maybe Xapo and Paypal try to figure out something completely different.Maybe just something blockchain without Bitcoin related.
I would think Paypal would like to be part of bitcoin before it is too late, they will figure a way to integrate it into their payment system and bringing this guy on board is a step in the right direction.
Who knows they might be looking at sidestepping bitcoin and creating their own alternative, but it would make more sense for them to move into bitcoin early to get a piece of the pie and we are still early in the bitcoin era.
I agree with you paypal should collaborate with bitcoin rather than competing against it both parties will benefit if this will happen so its a win win situation for both sides. Who knows they might be looking at sidestepping bitcoin and creating their own alternative, but it would make more sense for them to move into bitcoin early to get a piece of the pie and we are still early in the bitcoin era.
Now I do still believe Paypal are not best of friends with Bitcoin with that being said I'm wondering this year if they are taking a lighter view on it, giving they named bitcoin guru and founder of Xapo, Wences Casares to the board of Directors to assist in running the ship. More on the article from Jan here;
http://finance.yahoo.com/news/here-s-a-sign-that-paypal-is-embracing-bitcoin-220129913.html
bitcoin create 11 years after paypal founded,and i think bitcoin created for compete or replacing paypal,and its not paypal friend,on that article i just read that maybe paypal will only buy xapo,not embracing bitcoin and than make other currency. http://finance.yahoo.com/news/here-s-a-sign-that-paypal-is-embracing-bitcoin-220129913.html
PayPal and bitcoin differs completely. Both were a form of transaction supporting network but Bitcoin in a short emerged as a Digital currency which is now growing gradually.
Bitcoin development more faster than any others currency , thats why paypal didnt like what can kill any currencies except bits, so by announcement the new director , it means declare war currencies , it looks like they didnt like accepts the bits , cos bits can declare independent payment currencies for itself
go for the bits , make peace in money currencies
go for the bits , make peace in money currencies
Payment chargeback is really the killer for Paypal. It is unfair to honest sellers when the buyers are not honest.
I was a seller and was cheated by buyer to send item without tracking in order to reduce cost- ended up the buyer claimed the item never arrived...
I was a seller and was cheated by buyer to send item without tracking in order to reduce cost- ended up the buyer claimed the item never arrived...
Paypal is highly used and trusted by others user who dont know and dont want to venture in bitcoin.
Bitcoin can compete with paypal via low fees but bitcoin is still not used by most companies.
Bitcoin can compete with paypal via low fees but bitcoin is still not used by most companies.
well, everyone wants a piece of this market. and even if PayPal decides to do anything that is related with bitcoin they are just going to create a payment processor in order to get in on the fees they can take from the customers and make more money out of the revolution.
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