Topic: PayPal Stops Operating in Turkey, Online Payment Sector Turns to Bitcoin - page 2. (Read 1316 times)
June 10, 2016, 10:07:00 AM
This is indeed an amazing opportunity for Bitcoin. It will definitely show people that we can fill PayPal's gap quite nicely. The sad thing is, when PayPal is able to renew its license there, most people will probably go back to PayPal. I just hope merchants keep both payment options...
June 10, 2016, 10:00:39 AM
Do you guys think now that PayPal has exited the Turkish market they will turn to Bitcoin or will develop a local alternative to PayPal? I haven't heard of any famous Turkish payment processor so maybe the government will try to develop one now from the ground up so as to accommodate the business needs of the Turkish companies and citizens? But it would be great if Turkey recognized Bitcoin as a legitimate digital currency and implemented it as an official payment method for online and offline purchases. This will probably have a positive impact on the price and make it to increase.
June 10, 2016, 09:32:37 AM
This sounds like good news but i fear that in a country like turkey with a dictator like edogan in power it wont last for long before the heavy hand is laid down.
June 10, 2016, 09:07:59 AM
With Turkey residents losing a convenient option for sending and receiving payments online, the country’s online payment sector is gradually yielding to a free control market with the uptake in Bitcoin use.
You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin
Bitcoin 1-0 Paypal.
You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin
Bitcoin 1-0 Paypal.
Wow its a good news to our bitcoin community its help to introduce bitcoin in many people there and i think if all of online transaction made of bitcoin transaction in turkey theres a possibility that many country will use it too as a second option if paypal cant use in their country. But i think if they use it and they gain some information how to earn it they use it as a first option of payment in their country.
June 10, 2016, 09:01:03 AM
the only reason why Paypal is still alive and working is that it was one of the first payment processors who started working online and has grown in popularity over this many years.
other than this i don't really see how paypal is better than bitcoin, they really aren't even comparable
other than this i don't really see how paypal is better than bitcoin, they really aren't even comparable
June 10, 2016, 08:33:35 AM
Wow! Bitcoin is really starting to surpass Paypal. Well that's not impossible since Bitcoin has the edge in terms of convenience, fast transaction, and low fees.
I like this phrase mentioned by Bitwala
We all want financial freedom. We don't want the fruits of our harwork be controlled by the government and be taxable. That's one of the reasons why we want bitcoin. However in my opinion, if bitcoin become a legal currency worldwide, I think government will still take part on it.
I like this phrase mentioned by Bitwala
Quote
We believe that people, not the government, should have full ownership and control of their money and have the freedom to choose how they want to handle their financials.
We all want financial freedom. We don't want the fruits of our harwork be controlled by the government and be taxable. That's one of the reasons why we want bitcoin. However in my opinion, if bitcoin become a legal currency worldwide, I think government will still take part on it.
June 10, 2016, 07:42:11 AM
maybe this could be like a lesson for others countries, but my feeling is like in the next years, we will see how govs start to jump into bitcoin in some way...
btw, this is another one good news for bitcoin, for sure, maybe paypal could learn the lesson too and start using bitcoin
btw, this is another one good news for bitcoin, for sure, maybe paypal could learn the lesson too and start using bitcoin
June 10, 2016, 07:00:57 AM
With Turkey residents losing a convenient option for sending and receiving payments online, the country’s online payment sector is gradually yielding to a free control market with the uptake in Bitcoin use.
You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin
Bitcoin 1-0 Paypal.
You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin
Bitcoin 1-0 Paypal.
This is what happen when a govt try to over regulate its people. Paypal was a legitimate way to send and receive money and govt was earning taxes on it. Now that it has stopped, people will definitely turn to bitcoin and transact anonymously. Govt will loose the taxes.
Anyway people will give it a damn because nowadays there are so many options available to transact online and people are not at all dependent to paypal alone. RIP turkey govt logic!
June 10, 2016, 06:59:14 AM
Yes paypal gone from turkey it is so important for bitcoin but turkish people dont know enough about how bitcoin use and what can they do with bitcoin because of they need to learn more about bitcoin if they learn about bitcoin they will start to use in every area this is chance for bitcoin responsible people of bitcoin in turkey have to do some project for this problem
June 10, 2016, 06:50:37 AM
Wishful thinking. 2.7 million is still somewhere around nothing in a country of that size even if some growth is encouraging. If the Turkish government shut them down then the Turkish government is gonna provide a local alternative.
China has alipay which is its largest third-party online payment solution. Similarly Turkey might invent its own alternative to paypal. However, if that alternative integrates Bitcoin into its system it could be bullish.
June 10, 2016, 06:33:06 AM
Wishful thinking. 2.7 million is still somewhere around nothing in a country of that size even if some growth is encouraging. If the Turkish government shut them down then the Turkish government is gonna provide a local alternative.
June 10, 2016, 06:17:48 AM
With Turkey residents losing a convenient option for sending and receiving payments online, the country’s online payment sector is gradually yielding to a free control market with the uptake in Bitcoin use.
You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin
Bitcoin 1-0 Paypal.
Again and again,bitcon lead from Paypal,and now europan country stop using Paypal,its a big slapt for Paypal,and i wish some countries follow Turkey to take future on their own. You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin
Bitcoin 1-0 Paypal.
June 10, 2016, 04:58:23 AM
This is a repost. Give me a minute, ill find the previous one for you.
https://www.google.com/url?q=https://bitcointalk.org/index.php%3Ftopic%3D1502521.0&sa=U&ved=0ahUKEwiY36Shh53NAhWEL6YKHaGUAjUQFggIMAI&client=internal-uds-cse&usg=AFQjCNF9RSJrW5vZ7cxCMgpa5e3ChqAtJw
This is a different article, so it might be fine? https://www.google.com/url?q=https://bitcointalk.org/index.php%3Ftopic%3D1502521.0&sa=U&ved=0ahUKEwiY36Shh53NAhWEL6YKHaGUAjUQFggIMAI&client=internal-uds-cse&usg=AFQjCNF9RSJrW5vZ7cxCMgpa5e3ChqAtJw
Anyway, stuff like this could really boost the adoption of Bitcoin by merchants. Unless we see some restrictions being imposed on the usage of Bitcoin in Turkey.
You just never know with Erdogan.
June 10, 2016, 04:42:46 AM
With Turkey residents losing a convenient option for sending and receiving payments online, the country’s online payment sector is gradually yielding to a free control market with the uptake in Bitcoin use.
You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin
Bitcoin 1-0 Paypal.
You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin
Bitcoin 1-0 Paypal.
hahaha that is a nice news. paypal has been known to be a bad service for online payments specially with their customer support when you are a victim of charge back and soon even if they don't ban a country people will switch to other methods of payment like bitcoin.
June 10, 2016, 04:37:00 AM
This is a repost. Give me a minute, ill find the previous one for you.
https://www.google.com/url?q=https://bitcointalk.org/index.php%3Ftopic%3D1502521.0&sa=U&ved=0ahUKEwiY36Shh53NAhWEL6YKHaGUAjUQFggIMAI&client=internal-uds-cse&usg=AFQjCNF9RSJrW5vZ7cxCMgpa5e3ChqAtJw
https://www.google.com/url?q=https://bitcointalk.org/index.php%3Ftopic%3D1502521.0&sa=U&ved=0ahUKEwiY36Shh53NAhWEL6YKHaGUAjUQFggIMAI&client=internal-uds-cse&usg=AFQjCNF9RSJrW5vZ7cxCMgpa5e3ChqAtJw
June 10, 2016, 04:33:51 AM
With Turkey residents losing a convenient option for sending and receiving payments online, the country’s online payment sector is gradually yielding to a free control market with the uptake in Bitcoin use.
You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin
Bitcoin 1-0 Paypal.
You can read more about it : http://cointelegraph.com/news/paypal-stops-operating-in-turkey-online-payment-sector-turns-to-bitcoin
Bitcoin 1-0 Paypal.
Jump to: