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Topic: Will Bitcoin bring an end to Paypal? - page 12. (Read 3100 times)

legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
October 19, 2018, 12:46:20 AM
Bitcoins is proving very popular when it comes to Africa in terms of payment systems because using PayPal in Africa has a lot of restrictions compared to those in the USA. So in Africa Bitcoin has overthrown PayPal.
yeah, but I don't think that's sure. paypal is a giant company on the internet, and of course it's not easy to roll. well, even though in some places bitcoin already has a higher popularity compared to paypal, but I don't think paypal will stay quiet.
member
Activity: 514
Merit: 10
●●
October 19, 2018, 12:01:25 AM
This will not happen. Bitcoin is not a threat to paypal. At the present time paypal users are widely distributed and are present all over the world, it is unlike bitcoin restricted in some countries. in the future i think maybe paypal can accept bitcoin Just like banks accept bitcoin.

Absolutely right because Bitcoin is much different from paypal for now because Bitcoin is not accepted by all countries in the world but paypal has been used by other countries.
member
Activity: 714
Merit: 10
Living is easy with eyes closed ...
October 18, 2018, 11:32:44 PM
I doubt Bitcoin could destroy Paypal in the foreseeable future. No other payment gateway has such a security and customer protection system as Paypal has. Bitcoin should be further updated to get closer to PayPal in this direction.
sr. member
Activity: 644
Merit: 259
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October 18, 2018, 09:47:23 AM
Bitcoins is proving very popular when it comes to Africa in terms of payment systems because using PayPal in Africa has a lot of restrictions compared to those in the USA. So in Africa Bitcoin has overthrown PayPal.
full member
Activity: 490
Merit: 100
October 18, 2018, 09:44:44 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?

never as long as bitcoin is not accepted throughout the world, if bitcoin is legalized and accepted throughout the world as a currency option it can become a reality. but the fact is, that bitcoin is only accepted in developed countries and paypal is currently the number one transaction tool in the world's most trusted.

but it could be for the future paypal will be rivaled by bitcoin and bitcoin as a transaction tool for the future. and will continue to grow from year to year.
jr. member
Activity: 126
Merit: 4
October 18, 2018, 09:39:43 AM
At the moment, PayPal doesn't use Bitcoin. But utimately, PayPal will make peace with bitcoin or die.
sr. member
Activity: 798
Merit: 250
October 18, 2018, 09:19:39 AM
That can hardly be realized, because Paypal also has some advantages that digital money can not have. Be supported and assured with the US dollar
jr. member
Activity: 196
Merit: 1
October 18, 2018, 09:09:47 AM
I do not think this can happen because too many use paypal. But I would be glad if that happens because I do not like paypal. a terrible support service. This could happen if bitcoin transactions become safer and much more faster.

Of course Paypal customer base is very large and it is very expanded in the world as a secure payment method but with bitcoin advantages like low fees for payments or transactions, security, convenience and other many benefits it is becoming very popular and that is the reason it will be able to pass paypal payment system in the near future  
sr. member
Activity: 882
Merit: 297
October 18, 2018, 09:05:35 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?

never as long as bitcoin is not accepted throughout the world, if bitcoin is legalized and accepted throughout the world as a currency option it can become a reality. but the fact is, that bitcoin is only accepted in developed countries and paypal is currently the number one transaction tool in the world's most trusted.


That is the main backpoint for Bitcoin that in many country it is not legalised which is keeping bitcoin reaching away from common people. Paypal is popular because it is centralised exchange and any security agency or legal company can access your records without permission of the users. Which is why paypal is legal to use in all country. But for bitcoin it is not possible but they are trying to regulate and use it.
hero member
Activity: 868
Merit: 500
October 18, 2018, 09:00:00 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?

never as long as bitcoin is not accepted throughout the world, if bitcoin is legalized and accepted throughout the world as a currency option it can become a reality. but the fact is, that bitcoin is only accepted in developed countries and paypal is currently the number one transaction tool in the world's most trusted.
full member
Activity: 552
Merit: 102
October 18, 2018, 08:35:40 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?

Actually paypal is also a great platform of transaction that's why its not easy to end.Bitcoin has shined by its own features. Paypal has no option like what bitcoin have. You can use btc in various field and also can earn from differen ways. On the other hand you can use paypal for transactions only.  So that bitcoin become popular than all other transactions system.
jr. member
Activity: 205
Merit: 1
October 18, 2018, 08:32:05 AM
For majority of people in the world to change there transactions from fiat to bitcoin might take some time because bitcoin and blockchain technology still are new concepts to the world so until bitcoin becomes more expanded and usable through adoption most people will believe and use paypal because still it provide good security but in the future definitely bitcoin network will become a real competitor to paypal and other relevant options in the world
full member
Activity: 1386
Merit: 101
ComboLabs
October 18, 2018, 08:29:18 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 so, because until now paypal is still a trusted transaction tool worldwide in the field of internet. I think bitcoin can be the next option in terms of transactions but even then if the value becomes stable
full member
Activity: 770
Merit: 100
October 18, 2018, 08:14:14 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 don't think so, we know that the average forex user is still using it, and in Forex alone BTC and ETH are also trading options there. so I conclude that paypal will survive.
full member
Activity: 442
Merit: 101
October 18, 2018, 07:53:38 AM
This will not happen. Bitcoin is not a threat to paypal. At the present time paypal users are widely distributed and are present all over the world, it is unlike bitcoin restricted in some countries. in the future i think maybe paypal can accept bitcoin Just like banks accept bitcoin.
legendary
Activity: 1232
Merit: 1195
October 18, 2018, 07:26:19 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?

No. Even bitcoin needs payment processors for certain things and sometimes that's a good thing as at least they usually offer you some protection against fraud or scammers. Also, if bitcoin did become dominant or even just much more popular PayPal would just adopt it and become something like Bitpay.

The only hindrance $Bitcoin is having now is the knocks from governments, bankers and politicians! $Bitcoin has already proven that it can do better than paypal and the likes! Its even convenient to make payments using $Bitcoin than Paypal! If $Bitcoin can get the acceptability and adoptability that fiat gets, then the sky is its starting poing! As for replacing Paypal, It has already but the generality of Businesses need to accept it as a means of payment then paypal would be history.

The only hindrance isn't governments and politicians. What about fluctuations? Paypal has faults but so does bitcoin but fiat is still going to remain the dominant force for day to day transactions until volatility is stabilized but that might never happen.
jr. member
Activity: 278
Merit: 5
Invest and play
October 18, 2018, 07:19:07 AM
The only hindrance $Bitcoin is having now is the knocks from governments, bankers and politicians! $Bitcoin has already proven that it can do better than paypal and the likes! Its even convenient to make payments using $Bitcoin than Paypal! If $Bitcoin can get the acceptability and adoptability that fiat gets, then the sky is its starting poing! As for replacing Paypal, It has already but the generality of Businesses need to accept it as a means of payment then paypal would be history.
member
Activity: 546
Merit: 21
October 18, 2018, 07:00:46 AM
Maybe be in the future if that's if bitcoin ever gets a better reliable upgrade ,i can't help but keep thinking how useful it will be if bitcoin surpass the usefulness of PayPal someday ,but who knows ?can't wait to see what will happen in the next 5years to come
jr. member
Activity: 350
Merit: 1
October 18, 2018, 06:08:57 AM
PayPal has many users around the world, and many countries ban BTC, so it is difficult for BTC to replace PayPal!
If BTC is accepted by governments around the world, it is only a matter of time to replace PayPal!
hero member
Activity: 1484
Merit: 500
Across The Universe
October 18, 2018, 05:56:48 AM
i think no bro. yup bitcoin is popular. but paypal is more security

I don't agree, Crypto currencies are more safe and secure since you'll no longer be needing any trusted third party. The technology is more transparent Abd you can publicly audit the transaction, in addition using Crypto would be more simplier than any other form of payment. By using this, you can assure  having high level of swcurity and simplicity. But getting involved in Crypto  demands the consideration of the wallet you are using. I'm now paying interest on a open source multi wallet called "HODLER wallet", it promises amazing feature other wallet could not offer.

I believe that Crypto currencies will be the future and other form of payment will come to an end.
indeed cryptocurrency technology in my opinion is better than anything, but it would be better when PayPal is able to embrace cryptocurrency and apply payments using altcoin or bitcoin I think it would be far better than ending one party.
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