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Topic: Will Bitcoin bring an end to Paypal? - page 10. (Read 3100 times)

newbie
Activity: 36
Merit: 0
October 23, 2018, 09:17:34 AM
I think that in the short term it would not replace, but there would be more long-term adoption. towards the bitcoin
jr. member
Activity: 412
Merit: 3
October 23, 2018, 09:05:37 AM
I think Bitcoin can not completely replace paypal, we still have to deal with small transactions that have too much transaction fees, and no country or country accepts a bitcoin for payment.
full member
Activity: 317
Merit: 100
October 23, 2018, 08:50:42 AM
I think in the near future but as of right now some of people buying or investing in crypto using paypal and credit card
sr. member
Activity: 658
Merit: 270
October 23, 2018, 08:40:29 AM
If paypal thinks bitcoin would be harmful to itself, they create a cryptocurrency and adapt the system.

I don't think right now there is such a problem for them.
member
Activity: 532
Merit: 15
October 23, 2018, 08:34:32 AM
Nope, BTC is a currency and Paypal is a payment processor, we can't compare these two.
member
Activity: 434
Merit: 10
October 23, 2018, 07:55:10 AM
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 think that PayPal and Bitcoin will exist in parallel. These two types of payments function in different ways. There are people to whom the functionality of PayPal is more suitable than Bitcoin. In any case, it is still too early to talk about the disappearance of PayPal.
full member
Activity: 1708
Merit: 105
October 23, 2018, 07:49:44 AM

In fact, with the ease and security of bitcoin, it is not wrong that all of them will turn to bicoin because of these things, but it will probably happen in the next few years.
full member
Activity: 462
Merit: 100
October 23, 2018, 07:12:04 AM
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?
Yes I believe that bitcoin end paypal soon, it is not because of the market now we judge bitcoin according to this but we can see soon that it will be done. I believe crypto is the next money.
sr. member
Activity: 616
Merit: 262
October 23, 2018, 07:11:28 AM
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 don't think bitcoin would be able to replace what paypal can do at the moment. The volume of transactions that the blockchain of bitcoin can process is still limited that's why if there are too many people who would be using it then it would take a long time for one to complete its transactions.

Aside from that, merchants still are not confident with bitcoin adopting it as payment option due to the fact that its price is fluctuating so there is a possibility for them to lose instead of gain from their business because most probably, they would still use fiat in their other transactions.
member
Activity: 296
Merit: 10
October 23, 2018, 07:07:14 AM
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 think the bitcoin can push to death paypal but it is a struggle will take long time by the users that, wait until paypal hard enough giants are too long, but can happen out. Wait until bitcoin to paypal.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
October 23, 2018, 05:34:49 AM
Have you guys seen the promotional offers Paypal giving away in some countries now..? They know that they are having a competition which sooner or later they will loose, they already started acting like a wallet service from payment gateway.
jr. member
Activity: 105
Merit: 4
October 23, 2018, 05:29:02 AM
I think the convenience and speed of crypto transactions will bring an end to Paypal once security measures and user-friendliness improves. Paypal is secure and convenient but it has its downsides-it can freeze payments, sometimes up to 21 days.. Angry
full member
Activity: 672
Merit: 100
October 23, 2018, 05:22:56 AM
Bitcoin can be used quite commonly in online payments on this forum or some other website, but it is not accepted and supported by banks. In contrast, Paypal is recognized by many banks and supported in exchange, so Bitcoin cannot destroy Paypal.
jr. member
Activity: 280
Merit: 1
October 23, 2018, 05:15:12 AM
I don't think bitcoin would replace PayPal anytime soon, I believe bitcoin is doing amazing well, I think bitcoin and PayPal can coexist as methods of payment. Personally I prefer bitcoin to PayPal since bitcoin is widely accepted in many parts of the world.
newbie
Activity: 43
Merit: 0
October 22, 2018, 04:55:47 AM
I think it won't. They are not competing as they offer different approaches. Still, we can compare them sand say that Bitcoin transactions are convenient but not so fast at this stage of development in comparison with Paypal. Bitcoin has to solve the issue with scalability to become massively used.
newbie
Activity: 41
Merit: 0
October 21, 2018, 12:07:10 PM
I don't think this will ever happen. PayPal is like a online bank which is regulated by the government or you can say the banks. So I have a question on that. Do you think banks will also be dead like PayPal?? I don't think so. Bank will never be dead. As long as the banks are alive so the PayPal will be. Bitcoin can reduce the banking transactions but can not kill it.
member
Activity: 280
Merit: 10
October 21, 2018, 11:58:39 AM
Paypal and the bitcoin totaly different kind of payment system. And also in last 2 years there are many countries banned the Paypal. Bitcoin has just borned and growing but the Paypal is dying.. Also you have to give your name, addressi credit card etc. with paypal but with yhe bitcoin or cryptos you can stay anonymous, and that is way better.
member
Activity: 280
Merit: 39
Citowise-Developing Crypotpayment Infrastructure
October 21, 2018, 11:46:12 AM
I am not sure, but the Paypal user-base is expanding at a brisk pace. During the past few years, they have expanded quite a lot in India. Paypal in India is now giving tough competition to PayTM and Amazon Pay.

I agree on what you say since paypal is so long in the world people and other companies are used to have it and also they have strong investors and stake holders I think they can't be easily end
newbie
Activity: 13
Merit: 0
October 19, 2018, 01:48:11 PM
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newbie
Activity: 13
Merit: 0
October 19, 2018, 01:47:52 PM
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