Topic: Will Bitcoin bring an end to Paypal? (Read 3100 times)
All of this this is gradually taking in place as time goes by,most investor who are bitcoin investors will prefer bitcoin rather than paypal payment because this will be easier for them.
Paypal payments are very expensive and the use of bitcoin in Paypal platform could delete the sense of Bitcoin use.
This seems to be unlikely because in my opinion there are many problems arising need paypal. No one bitcoin can capture the whole market because sometimes we also need fiat and paypal is the usd store of non-US nationals.
I think no. It's impossible they are working in different areas. Their clients are too different so in the nearest future it couldn't be.
I think not, bitcoin is unlikely to be a complete replacement for all payment systems, at least at this stage of its development and adoption in the world. We can use bitcoin and any convenient services for money transfers.
I don't think Bitcoin can lead to the death of PayPal because PayPal has more security and lots of people are already used to PayPal and won't easily change to Bitcoin
In my own perception i think that bitcoin won't bring an end to paypal, since paypal is more secure and everyone who can rely their credits. But if bitcoin takes an end to paypal, bitcoin management should be looking for a subtitute for paypal and just like more secure so that bitcoin industry would not also loose its investors and enthusiast.
Why does the guy worry about PayPal only? There are many popular payment systems that are used all over the world - Neteller, for instance. Bitcoin cannot become a threat for any of them.
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In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?
paypal won't die if they renew payments or it's easier than bitcoin, and it will use paypal, we can see bitcoin now has very rapid progress and effectiveness and people are getting interested in bitcoin 
I agree that paypal payments will not develop, little by little the rivals of bitcoin will be exhausted due to the times, and I really hope that bitcoin will become number 1 in terms of the world payment system or virtual currency.
We do not know about it, we do not know how will it works in the future. It can be developed or just be gone in the near future. It will be dependent on people. 
Of course, that can't because not everyone can use digital currency. But in the future, we will not know what will happen. I think Bitcoin can be an alternative for people to use as online payments. But I don't think that this will replace PayPal, only Bitcoin can be another option.
No bitcoin wont spell the end of paypal, as paypal is as far as I remember owned by Ebay (although it has been spun off and now runs independently) and this gives it a huge market. It would be great if you could use bitcoin as an alternative on sites like ebay but i very much doubt it will happen any time soon.
With my own opinion I think they but have different row to place and secondly many country today seem to ban bitcoin or cryptocurrency for uses and now with PayPal online purchased are been request for and payment is made easily.
So I don't think any one can put an end to another.
So I don't think any one can put an end to another.
I think it will, It's lower cost, lower risk and an easier form of payment from anything else we have today, especially for shopping online. Credit cards were adopted almost 70 years ago and were never designed for the Internet. It leads to serious problems like identity theft and payment fraud. You also have notably lower transaction costs compared to converting one international currency to another international currency. Its Cheaper!
PayPal is nowhere near going down. With the proliferation of mobile phones and the acquisition of Venmo, PayPal is growing very fast.
The blockchain will help PayPal out with security and immutable data. Soon, I think PayPal will allow Bitcoin to be used as a form of money on their own platform. There's no way Bitcoin will even come close to the platform, branding and systems PayPal already have going for them.
The blockchain will help PayPal out with security and immutable data. Soon, I think PayPal will allow Bitcoin to be used as a form of money on their own platform. There's no way Bitcoin will even come close to the platform, branding and systems PayPal already have going for them.
Since the number of payal users is so large, to be able to replace it, there is a need for a process that allows users to accept and adapt to the new.
If paypal does not develop or improve the quality of its services, it certainly will be found by someone who has more to offer to customers. Paypal has no monopoly and can be replaced by a different and better payment system. Including bitcoin.
Nothing lasts forever, including PayPal. Sooner or later it will be replaced by a more progressive system. Cryptocurrencies have many positive qualities and over time they may well replace other payment systems.
Cryptocurrency will not force out non-cash forms of payment. They are likely to coexist together. I think that some banks will practice accounts in Bitcoin and other types of cryptocurrency together with ordinary currency on their own cards and this will be quite convenient. In my country there are already such. You can transfer to a special bank e-wallet and regular currency, and cryptocurrency. Cryptocurrency displayed from the wallet. Actually
cryptocurrency is withdrawn by the bank from the wallet right away, however, all indicators are saved on the wallet and you can use the cryptocurrency at any time when shopping directly for it or you can exchange it in your wallet for a common currency.
cryptocurrency is withdrawn by the bank from the wallet right away, however, all indicators are saved on the wallet and you can use the cryptocurrency at any time when shopping directly for it or you can exchange it in your wallet for a common currency.
In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?
I still do paypal and I still want it to exist, because there are transactions online that are suited for paypal users, like you are going to transact to people you don't know and there are online stores that only caters to paypal users because paypal tos is suited to their needs.
I also use PayPal as it is very convenient to me. Certainly, I am ready to use Bitcoin as well but I do not think that BTC threatens the most popular payment system. PayPal will live for many years.
Paypal is good along with many other service providers like wester union etc. All of them has some disadvantages like more fee or not usable in certain countries. Bitcoin on the other hand has removed all these disadvantages of these service providers and come up with the perfect solution which eliminate the need of middle man to transfer the currency.
Peypal is very popular around the world and pushing it is not so easy. I think this is not necessary, because when there are many different payment options, it is better than when there are few of them. With a monopoly on any type of service or product begins a faster rise in prices.
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