High fees which bitcoin transactions have cant rival with PayPal fees.
A lot of people prefer to use "safe" and habitual pay systems for their daily needs despite the fact they are centralized
Topic: Will Bitcoin bring an end to Paypal? - page 13. (Read 3100 times)
From what I know, BItcoin os the most popular in cryptocurrency , they have a big amount of users, but Paypal is so security. IT is hard to say that BITcoin can bring an end to Paypal
Bitcoin will not bring an end to PayPal. They are both alternatives to sending global fund. It gives the users other potions of funds transfer to choose from. uses
im sure it might happen if bitcoin grow well in the future.
many online bussiness man will move their bussiness to bitcoin technology.
but paypal will still exist if they join/move to blockchain.
many online bussiness man will move their bussiness to bitcoin technology.
but paypal will still exist if they join/move to blockchain.
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.
Paypal makes big community and too much popular gateway in freelancing platform so you can not be avoided it. Paypal available in more than 200 countries and 25 currencies supported, it restricted in many countries.
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 is far too embedded into everyday life that it will take a long time before anything replaces it, it would need something catastrophic to happen to PayPal before bitcoin got a look in. 
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?
History repeating itself is by far the scariest and most certain outcome we could expect. Especially economically. "Would you take some BTC for that loaf of bread sir?"
Most likely, PayPal will adapt to the capabilities of Bitcoin and will offer options for mutual settlements that will be arranged by both the seller and the buyer. For example, if the seller does not accept payments in Bitcoin, but you only have Bitcoin and you do not want to waste time on visiting exchangers.
Why do you think that Bitcoin mass adaption will bring the death of Paypal? Just like Paypal, Bitcoin at best will just be another mode of payment which even if mass adopted will only be one of the many other options available to man. People even before Bitcoin was invented has been using different modes of payment in which they use depending on the situation, there is no sense of loyalty where they stick to just one kind of payment as it will also depend on what the seller/receiver is accepting.
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 am sure that soon bitcoin can be used to pay for goods and services around the world, but at the same time I don’t think that other payment systems will disappear. Many people are accustomed to a particular payment system and will not want to change it. At the same time, I am sure that bitcoin will be able to exist without problems with paypal.
I don't feel like these are relevant. They're not the same.
Bitcoin isn't a competitor of a Paypal. Paypal is not a currency. Paypal would essentially just be an online wallet if they supported Bitcoin, no?
Bitcoin isn't a competitor of a Paypal. Paypal is not a currency. Paypal would essentially just be an online wallet if they supported Bitcoin, no?
I really doubt it... too many old fogies who will refuse a newfangled payment method. Plus it's too tricky right now to get, use, and protect. But that's just my opinion.
Many wallets have already adopted such currency as bitcoin, many of the terminal sites can be paid with bitcoin and it horoshi out, and while we have seen the development and purse and Sami currency.
I think there is a difference between their services and if bitcoin is going to get even more popular, being a different company I am certain that they will be upgrading their services so as to conform to the current technology or perhaps to surpass whenever possible. People especially in business would never want to just fall and would tend to innovate something for better. So to see the death of Paypal is something quite a bit far from reality.
I think the two system is totally different. In Paypal you can just use your email and bank account but in bitcoin or cryptocurrency more complicated. But it is the crypto times and paypal will fade i believe in that too. There are many countries that you can't use Paypal since 2016. Like Turkey and Middle East countries, but you can use cryptocurrency.
it can happen, death about payments like paypal etc., because there are too many requirements that must be done to use it. while bitcoin, users can make any payments without rules. most people want freedom in transactions. I understand that paypal rules are for user security, but that also makes it difficult for users, while bitcoin, all are user rights. if bitcoin is officially used. I believe that many payments like paypal, payoneer, skrill, etc. will not last long.
Maybe, But BCT is not ideal for this task.
There are other projects in the market who has bigger chances to overtake the " crypto Paypal"
UTK is, in my opinion, is the one who is doing it the best way.
https://cryptonews24x7.net/crypto-online-transactions-utrust-wants-to-be-the-paypal-of-crypto/
There are other projects in the market who has bigger chances to overtake the " crypto Paypal"
UTK is, in my opinion, is the one who is doing it the best way.
https://cryptonews24x7.net/crypto-online-transactions-utrust-wants-to-be-the-paypal-of-crypto/
Hopefully it will replace it soon enough, all the problems I have had with paypal, and not only me but alot of people is ridiculous, limiting accounts for bad reasons, not letting you to withdraw money for whatever reason, I just hope all the big companies start using bitcoin, and life becomes much more easier.
Bitcoin transaction is faster and cheaper compare to paypal and other online gateways,cheap when there is no third party to pay as in the case of paypal. But if as expected bitcoin is adopted universally it will affect the fortune of paypal and all other online payment gateways. The only snag to bitcoin is because it is highly technical as not much people will have the know how to handle bitcoin. But Paypal will update one aspect of their services may be reduction in their service charge to fight back.
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