Topic: Why is Paypal accepting Bitcoin a good thing? (Read 3448 times)
If Bitcoin has more uses, caeteris paribus, its value increases. So it's great that known sites accept it.
Yeah, like the other poster said, it makes Bitcoin seem more legit and moves it away from the idea that Bitcoin is used by drug dealers, Terrorists groups, arms dealers.
Very true. Paypal doesn't really have a use for us, but it will make the public happier and more enthusiastic about bitcoin.Actually a bad thing to associate Paypal name with bitcoin.
All merchants know Paypal days are numbered whether they will adopt bitcoin or not.
bitcoin payments may alternatively be used, even now accept Paypal daan ebay already bitcoin as currency transactions there, I hope this can last long ...
Yeah, like the other poster said, it makes Bitcoin seem more legit and moves it away from the idea that Bitcoin is used by drug dealers, Terrorists groups, arms dealers.
Very true. Paypal doesn't really have a use for us, but it will make the public happier and more enthusiastic about bitcoin.Actually a bad thing to associate Paypal name with bitcoin.
All merchants know Paypal days are numbered whether they will adopt bitcoin or not.
Yeah, like the other poster said, it makes Bitcoin seem more legit and moves it away from the idea that Bitcoin is used by drug dealers, Terrorists groups, arms dealers.
Very true. Paypal doesn't really have a use for us, but it will make the public happier and more enthusiastic about bitcoin.Actually a bad thing to associate Paypal name with bitcoin.
All merchants know Paypal days are numbered whether they will adopt bitcoin or not.
Yeah, like the other poster said, it makes Bitcoin seem more legit and moves it away from the idea that Bitcoin is used by drug dealers, Terrorists groups, arms dealers.
Very true. Paypal doesn't really have a use for us, but it will make the public happier and more enthusiastic about bitcoin.
Yeah, like the other poster said, it makes Bitcoin seem more legit and moves it away from the idea that Bitcoin is used by drug dealers, Terrorists groups, arms dealers.
paypal or bitcoin both have advantages and disadvantages, advantages and paypal can bitcoin transactions through the virtual world, where distance is no longer a problem, while the lack of paypal there is always a fee or tax when we want to withdraw into our currency, while bitcoin always can be used to buy goods without paying taxes on the transaction ... 
I really want to know, whats so good about PP accepting BTC?
Everything! Now I can buy something cool by using PayPal and my Bitcoins! better anonymity also, unless paypal do something about your transaction, i don't know how it work for this thing
I would say it rather decreases the level of anonymity. If PayPal associates the address from which you sent the BTC to your PP account, then they know it is your sending address and hence your email and other PP account information. Theoretically they could then associate other addresses with your wallet.
It's still going to be a good "marketing" for bitcoin though, at lest I imagine so.
in the bright side it makes your purchases legal but who knows what will paypal do next in their plan
They have the largest user base of online payment systems and can act as a medium/escrow, which is what Bitcoin lacks from a consumer point of view. Although right now their payment hub is restricted to virtual items for what I understood.
“I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world." - Peter Thiel, Co-Founder of Paypal
I really want to know, whats so good about PP accepting BTC?
Everything! Now I can buy something cool by using PayPal and my Bitcoins! better anonymity also, unless paypal do something about your transaction, i don't know how it work for this thing
I would say it rather decreases the level of anonymity. If PayPal associates the address from which you sent the BTC to your PP account, then they know it is your sending address and hence your email and other PP account information. Theoretically they could then associate other addresses with your wallet.
It's still going to be a good "marketing" for bitcoin though, at lest I imagine so.
I hope its a good thing, paypal and crypto.
Has anyone purchased with bitcoin via paypal yet?
I really want to know, whats so good about PP accepting BTC?
Everything! Now I can buy something cool by using PayPal and my Bitcoins! better anonymity also, unless paypal do something about your transaction, i don't know how it work for this thing
I would say it rather decreases the level of anonymity. If PayPal associates the address from which you sent the BTC to your PP account, then they know it is your sending address and hence your email and other PP account information. Theoretically they could then associate other addresses with your wallet.
It's still going to be a good "marketing" for bitcoin though, at lest I imagine so.
I really want to know, whats so good about PP accepting BTC?
Everything! Now I can buy something cool by using PayPal and my Bitcoins! better anonymity also, unless paypal do something about your transaction, i don't know how it work for this thing
I really want to know, whats so good about PP accepting BTC?
Everything! Now I can buy something cool by using PayPal and my Bitcoins! 
In past, some paypal accounts gets frozen because people use it to trade BTC, that will not happen again because PP and BTC are friends now.
Also, I'm wondering how will this change their policy of not buying cryptocurrencies wit PP + chargeback issues. All the scam issues will be gone now?
Because if big company accept bitcoin
Some people who use the service will accept bitcoin too
I hope the paypal accounts not frozen
Some people who use the service will accept bitcoin too
In past, some paypal accounts gets frozen because people use it to trade BTC, that will not happen again because PP and BTC are friends now.
I hope the paypal accounts not frozen
currently I still use both, bitcoin or paypal, as there are many systems also use paypal payment, bitcoin as a new payment system, not so many that use it, possibly in the next few years bitcoin could be a global payment system such as PayPal, or it could be paypal later collaborated with bitcoin in a payment system ... hopefully ...
Bringing it to the masses has to be a good thing doesn't it?
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