Topic: Will Bitcoin bring an end to Paypal? - page 14. (Read 3100 times)
Not that really can bitcoin bring paypal down. Bitcoins as a form of money remittance is just a function that even new blockchain is competing with bitcoins and to talk of bitcoin ending paypal seems not possible because paypal has a strong brand to stay on top of money remittance game.
In as much as i really don't see bitcoin bringing down other electronic payment system like Paypal down there is that possibility especially if bitcoin transactions is adopted and appreciated by the masses.
Pretty as it seems, bitcoin may pose threat to Paypal's dominance in online payment. With bitcoin's success already in the spotlight, i think bitcoin's resumè now is greater than that of the latter and can really surpass Paypal and made it obsolete in the coming years.
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 bitcoin will not end the paypal. Although there are some qualities that have the each other, bitcoin cannot be the same as paypal and vice versa. Paypal is more legalize and more accepted by many unlike in bitcoin it is still conquering the approval of the people and the governments. Bitcoin is still keep on pursuing the regular usage and legalizing it.
Since the creation of BTC, paypal has been one of the payment methods which is gradually declining. I think in some years to come people will instead be using BTC other than paypal.
but with Paypal you can make a dispute and return your funds from scammer and with Bitcoin you won't have such opportunity.
Well, it's way too soon to ask this question I think. PayPal has been efficiently here for years now, is well set up in many merchant website and also adopted by a lot of users. Bitcoin still is a new guy in the game. Let's wait a couple of years still and we'll be able to answer the question.
There is no reason to think that Paypal and Bitcoin can't coexist, they are afterall very similar, and it wouldn't take much modification to incorporate Bitcoin into Paypal as just another currency. I think this is the more likely route we will see.
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 they can coexist, they can adopt a friendly environment and collaborate together. We already have many ways to turn Bitcoin into fiat through paypal. In short-term period I think it's essential maintain and develop the collaboration with paypal.I also see here no reason to think that Bitcoin can easily destroy one of the coolest and the most popular payment systems which are used globally. PayPal will live long.
Since the creation of BTC, paypal has been one of the payment methods which is gradually declining. I think in some years to come people will instead be using BTC other than paypal.
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?
You know bitcoin is a life changer if ever this is a primary use to all people no other transaction like Paypal and other money transfer continuously operated in this world all of those current uses will abolished if ever bitcoin is IN to every one of us because this is very usable useful and easy to use with out any 3rd party.
I think not, bitcoin does not have a stable price until now and governments of countries are limiting people to use bitcoin. they want to prevent the old monetary system.
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 if they have good partnership, paypal will still be kicking and going strong together with Bitcoin. There would still be choosing to use paypal for some reasons but that will also depends to the users if they prefer Bitcoin as it is way more convenient to use. It could be possible for Bitcoin to eliminate paypal users and will be adopting to Bitcoin. As of now they are both doing good but I myself is a paypal user too however Bitcoin has attracted me a lot. 
Maybe. Maybe not. People might end up adopting bitcoin in the future, but this does not mean that it is the end of fiat currency. I am assuming both will prevail side by side. In case of PayPal being replaced as a payment gateway, i doubt that will happen. People does not want to use their creditcards, but they want protection against scams. Bitcoin does not provide that protection, but buy does that. One of the reasons why people might also want to stick with paypal.
Anyway, paypal is a transaction tool that has been recognized worldwide for payment systems, while in bitcoin we know it still has high legality, so I think if bitcoin wants to bring an end to paypal it still takes a long time and to realize it is not as easy as turning your palm . There are still a lot of things that bitcoin must do to replace paypal as a tool to transact across continents and countries that are recognized by many worlds.
PayPal have being a payment gateway know for online payment for goods and services. Satoshi Nakamoto is done by bringing bitcoin, our duty now is build blockchain platform that will make payments with bitcoin easy and handed. This is the only way PayPal will die.
I agree with that ascertion but it isnt going to happen over night but certainly, the presence of crypto currencies will surely change the narrative of many payment gateway especially as some of them are largely restricted for example paypal is restricted in many countries so such countries will surely welcome a new option
But, those countries also doing the same for Bitcoin. They banned Bitcoin for the same reason and they are not feel welcome with those electronic currency like Bitcoin, for some countries swap their currency with Bitcoin is impossible and it's zero chance to make that happen. 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 they can coexist, they can adopt a friendly environment and collaborate together. We already have many ways to turn Bitcoin into fiat through paypal. In short-term period I think it's essential maintain and develop the collaboration with paypal.
Probably it gives it a certain strike and it is surely reasonable because paypal have a lot of questionable features as for me.
If I disclose my opinion then I would say PayPal will disappear someday. Gradually bitcoin becoming more popular payment system than PayPal and bitcoin transaction method is a very easy way whereas PayPal has many critical formalities. There are so many users don't like to be part of PayPal for its complexity on the other side bitcoin is much easier than PayPal. So I think bitcoin still have to go long way to remove PayPal but someday seriously it will happen.
I agree with that ascertion but it isnt going to happen over night but certainly, the presence of crypto currencies will surely change the narrative of many payment gateway especially as some of them are largely restricted for example paypal is restricted in many countries so such countries will surely welcome a new option
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