Topic: Will Bitcoin bring an end to Paypal? - page 6. (Read 3100 times)
I hope so, I just can't stand charge back.
Maybe in future but no any chance at the present time because Paypal is trusted by Worldwide when Bitcoin is not trusted worldwide
In my opinion Bitcoin will definitely affect business of all online payment systems, personally I never used Paypal, Skrill, Neteller after I am use to bitcoin.
It is very difficult to say that all these payment systems will die after Bitcoin becomes more popular as security in these payment systems are of higher level, there are very low chances of hacking these wallets, that does not mean that blockchain is of low security but people are not use to it so sometime they make mistakes and invite hackers to hack their wallets. Bitcoin in comparison to other payment systems is cheap and fast.
It is very difficult to say that all these payment systems will die after Bitcoin becomes more popular as security in these payment systems are of higher level, there are very low chances of hacking these wallets, that does not mean that blockchain is of low security but people are not use to it so sometime they make mistakes and invite hackers to hack their wallets. Bitcoin in comparison to other payment systems is cheap and fast.
I don't think so because Paypal is following according rules and regulation of the different countries, Bitcoin is not exchange or any other dominant currency to defeat the paypal. So it is impossible for Bitcoin to end the payment system of Paypal.
I think that bitcoin is the one which is complete but we can not say that it will take the place of pay pal and it is the users will that which method they want to use for transaction like we can not eliminate fiat from the world but for some people it is the mode of payment for them and beside all the methods bitcoin is rising among the online users for their daily use transaction so i prefer this too.
I don't think Paypal will die if Paypal will work with Bitcoin. I mean, Paypal has a function that is almost the same as a Bitcoin wallet. That is saving money balances and can send and receive money to another account. Bitcoin wallets are also similar. They can save, send and receive Bitcoin. If Paypal can also store and accept Bitcoin in it, then Paypal will not die.
The popularity of Bitcoin is on the rise, Blockchain technology can overcome the problems PayPal encountered but the level of acceptance is still limited. To overcome its rival Bitcoin must persuade online entrepreneurs to accept it as a payment method.
What stops paypal from accepting BTC? Other than that, I don't think it will replace paypal – both have entirely different goals. BTC is a currency while paypal is a payments processor.
in my opinion paypal will not die by bitcoin because paypal has been operating for a long time compared to bitcoin besides that the fluctuating bitcoin price can be beneficial and detrimental to the holder
No, mate Paypal is not a currency but only a payment method where bitcoin is a currency which is popular among the users. Investors may buy bitcoin by using PayPal, in fact, both usages are not similar. In the market, bitcoin is much popular and easy system than PayPal and have huge investors there for bitcoin.
I don't think paypal can ended by bitcoin, but both can work together for easy and smart exchange to the bank money, in other word paypal will never end because bitcoin
Yeah I think that could happen. cooperation between paypal and bitcoin. of course it will benefit for bot but paypal seems to be reluctant to do that. because their developers still see bitcoin as a threat and that is true. Paypal usage is decreasing because many of them turn to bitcoin 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?
the fact that until now paypal is still used and I also use paypal
I prefer both. although there are functional differences fundamentally, but the advantages of bitcoin can be more confidentially
paypal is one part of our life , so even the development of bitcoin they cannot replace for paypal .PayPal is currently a payment engine accepted by 218 million active users and 17 million merchants.
Not today unfortunately, as there are lots of factors which we cannot avoid.
Still, I hope that eventually this could happen, as PayPal is obviously less economically effective, compared to Bitcoin (yes, I mean it, and that's provable).
Still, I hope that eventually this could happen, as PayPal is obviously less economically effective, compared to Bitcoin (yes, I mean it, and that's provable).
There's no way Bitcoin would be the demise of Paypal or other gateway for money. Sure they might fall someday, but that's not the the fault of Bitcoin. Those two are different in their own way. Bitcoin is decentralized, while Paypal is. They are both use in transacting but in different way.
large companies such as paypal can not simply displaced. i would not be surprised if paypal would eventually use bitcoin or even start its own blockchain. either way, many companies will find their own way to use the blockchain and not to be displaced by it.
PayPal and bitcoin is difference, PayPal is depend on the USD value, and bitcoin is not depend with USD value, so it is totally different,if you want to to compare bitcoin lets compare with the stand-alone digital currency like bitcoin
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?
Probably. Given that bitcoins may develop further and become greater than what it is now, then we may witness the end of paypal and other systems. That's how much bitcoins can develop in an instant that the problems or downsides of it are solved which I guess will eventually happen.
Bitcoin and Paypal are two separate entities so I don't see one replacing the other. Personally, I prefer bitcoin to PayPal any day. PayPal has restricted usage in most parts of the world compared to bitcoin. PayPal still have an option if they are looking to an end with their business with bitcoin's dominance.Bitcoin is very popular all over the world, other hand PayPal also very popular name on many transfer section. Bitcoin have some quality that make better than PayPal.Bitcoin is border less ,low fees no need to go third party.
It could.
But I guess it will take time. There is a lot opposition to cryptos from central financial authorities. Moreover, people are quite skeptical about cryptos. This creates problem when it comes to adoption aspect. Adoption is the most important thing if you are even thinking of surpassing paypal.
But I guess it will take time. There is a lot opposition to cryptos from central financial authorities. Moreover, people are quite skeptical about cryptos. This creates problem when it comes to adoption aspect. Adoption is the most important thing if you are even thinking of surpassing paypal.
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