Topic: Will Bitcoin bring an end to Paypal? - page 9. (Read 3100 times)
If Bitcoin is globally accepted, this is possible. Because of Blockchain's technology and Bitcoin's speed, security and convenience are different from bank and paypal which Paypal is ended.
Paypal is very convenient and reliable payment system ! I personally used it and returned the money from the financial pyramids ! Bitcoin will not be able to do this ! There are pros and cons but I believe that it will make Paypal better !
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 would not agree. I mean, we can see it as just another medium of payment. PayPal is mostly focused as a means of payment for people who purchased something online. It can also even be viewed as a money transfer mechanism where people can send money from one place to another. However, it can't be said to be an investment medium just like cryptocurrencies are that can be similarly compared to the stock market. You can't put some money in PayPal without such purpose of either as payment or money being sent. So, I wouldn't think that the two thing would clash.
Paypal partnered with Bitcoin. Now paypal has lost 57 million users
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Are you kidding? People like you are not welcome in this forum! If you can't help, please stop doing these things. Sorry to say, I am going to report this message to the moderators!
It is true that bitcoin is popular and more people are adopting to it but still, paypal as a way of payment online I believe cannot be replaced by bitcoin. First not all have visa credit card so they use paypal second not all have bitcoins so still paypal is an option. Third, not all accepts bitcoin or cryptocurrency as payment so paypal is still preferable.
I think that maybe that could happen, if the development of bitcoin gets better. of course the bank will accept bitcoin to deposit and withdraw, if the request from the bank user himself wants it? and of course you will easily use bitcoin to shop, with many bitcoin facilities, I'm sure paypal is increasingly left behind by its users 
i think bitcoin will not bring end to paypal.
bitcoin is a crypto currency and paypal is an e wallet service provider and payment provider.
both are different but paypal can use bitcoin in future.
bitcoin is a crypto currency and paypal is an e wallet service provider and payment provider.
both are different but paypal can use bitcoin in future.
Exceptional opinion, I don't understand why OP connects and compares bitcoin and Paypal, aren't they different? bitcoin will not end like Paypal.
bitcoin has better technology than Paypal. and bitcoin is also a long-term investment asset
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I think it is not. Bitcoin and Paypal could work together to be the end-to-end payment system, Bitcoin could be acquired by purchasing thru the use of Paypal and Paypal could be funded using Bitcoin. Paypal will not die just because of Bitcoin, it is already here and it would stay here even with Bitcoin around.
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?
To invest in Bitcoin itself is only to support the team of developers of the core and interfaces with money. How to invest in the dollar? Donati fed on new features unless... In the dollar it is possible to try to remain as dollar it is possible to speculate. Similarly with bitcoins.
I believe if Bitcoin is approved and used globally with banks, Paypal and debit cards will become useless and no longer needed. But it is difficult to accept this as the government regulates the economic market through banks.
Maybe not Bitcoin, but some other cryptos could do that (with very low transfer fees and almost instant transaction time) at some moment. For now, the main drawback of cryptocurrencies to be used as a payment method is their volatility.
but all cryptocurrencies can't refund your payment as Paypal do in a case of fraud vendors. for example, how can you get back your money with bitcoin or litecoin?
i think no bro. yup bitcoin is popular. but paypal is more security
This comparison is very far in value. until now we know that Paypal is better than Bitcoin, except in terms of fees. But in my opinion it's still worth it. they have prices like that because they have quality. People will not pay for the brand, they will only pay because of the quality of services offered
Not only bitcoin, but the entire cryptocurrency, are racing to achieve the elusive adoption that will propel them to the top and bring a successful financial transaction system. So far, it is far from perfection. So, bitcoin won't bring an end to PayPal may be for the next 5 years.
I don't think so. Bitcoin is being popular over the world, but PayPal already a popular payment method in every big e-commerce websites or others payment section. Paypal is not volatile like bitcoin, Bitcoin won't overcome the PayPal value with this volatility! Do we really need to overcome PayPal? No, Rather we should Keep supporting Bitcoin and Paypal both!
i think bitcoin will not bring end to paypal.
bitcoin is a crypto currency and paypal is an e wallet service provider and payment provider.
both are different but paypal can use bitcoin in future.
bitcoin is a crypto currency and paypal is an e wallet service provider and payment provider.
both are different but paypal can use bitcoin in future.
It is true that bitcoin is popular and more people are adopting to it but still, paypal as a way of payment online I believe cannot be replaced by bitcoin. First not all have visa credit card so they use paypal second not all have bitcoins so still paypal is an option. Third, not all accepts bitcoin or cryptocurrency as payment so paypal is still preferable.
Paypal has some unique strengths that Crypto does not yet have, Paypal will be replaced if Bitcoin and altcoin get the specifications.
Maybe not Bitcoin, but some other cryptos could do that (with very low transfer fees and almost instant transaction time) at some moment. For now, the main drawback of cryptocurrencies to be used as a payment method is their volatility.
Not in the near future. PayPal has been a well-established website and many people still use it despite its flaws. Besides, PayPal and Bitcoin are different from each other. PayPal is a payment method, whereas bitcoin is a virtual currency. Perhaps it's more appropriate to compare it with blockchain, but not with bitcoin.
When the adoption of bitcoin becomes worldwide and usage surging, surely Paypal and some other online payment gateways will be affected. If not for any other thing the service charge which is the payment for the P2P service will be saved by both transacting parties. The only down side for the bitcoin is the in ability of most would be users to understand the technicality of bitcoin and the operations. But all those who has a good grip of bitcoin will definitely abandon paypal and the other online payments outlets. But they will not fold their hands and allow their business to fold they are likely fight back by improving their services and reduced the service charge.
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?
When ? Until now paypal remains a trusted tool in every online transaction.
bitcoin can be another option from online transaction tools, but now it's not really comprehensive because we all know its value is difficult to regulate.
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