Topic: Will Bitcoin overcome Paypal? - page 10. (Read 79548 times)
I choose to bitcoin it yes it will overcome paypal because everyone wants to use bitcoin for their services because if they want to invest bitcoin then they will be available to adopt paypal so they will be available in some countries.
Bitcoin is a digital currency and PayPal is a payment gateway, no where bot are similar in anything. PayPal uses there interface to exchange fiat across borders but bitcoin uses it's own digital currency as payment currency and payment interface as well through exchanges. I think you need to comparison itself is wrong in terms of two different entity.
Certainly it could be bitcoin as paypal paypal, not even so close, we are talking about currency, but here is not a payment that is too high, bitcoin very potential to replace some of the most powerful currency ever. Paypal is nothing compared to bitcoin like heaven and earth. 
Yes, there is a possibility that they can overcome and replaced the paypal. From the excellence they have nothing is such impossible to them to achieve .
As long as more people will get into bitcoin, and also governments supports bitcoin, it'll pretty sure that bitcoin will overcome paypal it will surpassed it someday 
PayPal is a very popular payment system. It is known in many countries of the world. Bitcoin still can not compare with it. These systems are not competitors to each other.
Yes. PayPal has been recognized among many countries around the world as a solid payments processor. It has the trust from merchants and businesses around the world, compared to Bitcoin. Since with Bitcoin, there is no way to reverse transactions, and it lacks regulation, it is unfriendly in the field of commerce. However, as Bitcoin grows, improves and becomes recognized as a legal currency in many areas of the world, it could become a better alternative for transferring money around the world than PayPal.
Of course, comparing PayPal with Bitcoin would be comparing apples and oranges (as they're distinct in many areas) but both are similar when it comes to sending money around the world. For Bitcoin to be able to stand alongside PayPal, it would need to reduce its fees, and increase transaction capacity to handle all of the world's payments. Just my thoughts
I do believe that paypal and btc would have make some cooperations and establish a way of payment which would be beneficial for both sides by eliminating the competition.
Paypal is widely used across the world for different purposes, BUT remember that PP is banned in some countries + there are so many stupid requirements in order to open a paypal account and not get limited ... oh and let's not forget that some people get their accounts closed for no reason, so yeah I definitely think that Bitcoin can overcome Paypal in the long run. With BTC you can't get your account limited for example, so why not overcome Paypal?
I have vote yes, and I am thinking that bitcoin has already proven it's worth to the world that it is worthy of their trust and if the collaboration of Bitcoin and Paypal would truly become a reality then I think it will stand still and might be a threat with ebay and some sites that are using paypal on their direct transaction, but i think some competitors are trying to manipulate the matter in stopping the progress of bitcoin.
Yes. And no.
Yes in the sense that Bitcoin is fast, secured, and has low transaction fees compared to PayPal. It is also not prone to charge backs. No one likes charge backs. It's one sided.
No in the sense that some people don't trust Bitcoin for some transactions and would prefer to use PayPal so as to secure their money and request for charge backs if need be. These set of people will stick to PayPal even if they can use Bitcoin for their transactions.
Yes in the sense that Bitcoin is fast, secured, and has low transaction fees compared to PayPal. It is also not prone to charge backs. No one likes charge backs. It's one sided.
No in the sense that some people don't trust Bitcoin for some transactions and would prefer to use PayPal so as to secure their money and request for charge backs if need be. These set of people will stick to PayPal even if they can use Bitcoin for their transactions.
It is obvious that bitcoin facilitate transactions easily, quickly, and securely.In addition to that bitcoin is decentralized which in terms make bitcoin not manipulated.Also bitcoin has a P2P network makes it special and fast.In comparing with paypal using bitcoin is much more convenient,secure and fast.
Therefore it can be assumed that in future bitcoin will be the payment method over internet. As we hear there are few shops that allow its customers to pay using bitcoin.It is not far the day when bitcoin will be the next paypal.
Therefore it can be assumed that in future bitcoin will be the payment method over internet. As we hear there are few shops that allow its customers to pay using bitcoin.It is not far the day when bitcoin will be the next paypal.
I think bitcoin already surpass paypal with it's faster payment features and anonymous user transactions.
And bitcoin has been added as another payment processor in most online markets if ever you want to buy gadgets, goods and services also many countries has adopted it and start using it more than their fiat currency
Many countries are innovating bitcoin and building atm machines.
And bitcoin has been added as another payment processor in most online markets if ever you want to buy gadgets, goods and services also many countries has adopted it and start using it more than their fiat currency
Many countries are innovating bitcoin and building atm machines.
Its possible because bitcoin certainly has big potential to replace PayPal and it is a lot more better than paypal. However my assumption is that there are 2 things that are preventing this from happening. Firstly this is because of volatile price, price of bitcoin is not stable, many people are not seeing bitcoin as a currency. 
instead they treat bitcoin as an investment and nobody can use investment to buy things. Secondly, the block size, ::)this is making the transactions to pile up, making things a lot slower and increase the amount of fees also by a big deal..!!
instead they treat bitcoin as an investment and nobody can use investment to buy things. Secondly, the block size, ::)this is making the transactions to pile up, making things a lot slower and increase the amount of fees also by a big deal..!!
Nop, don't think so.
'cause if BTC hits a certain popularity, Paypal will integrate BTC payments.
'cause if BTC hits a certain popularity, Paypal will integrate BTC payments.
Bitcoin is so powerful so bitcoin can overcome the paypal and another in paypal just one wrong move your account can freeze like mine and the good thing about paypal is the security. And in bitcoin you will be anonymous by sending and receiving so the bitcoin can overcome the paypal in all aspect but not in the security so I will go for bitcoin
Yes, it will overcome paypal. we all know that dude.
PayPal is a very popular payment system. It is known in many countries of the world. Bitcoin still can not compare with it. These systems are not competitors to each other.
Perhaps PayPal sees first of all in a new digital financial instrument a direct competitor. It is known that the crypto currency undermines the established standards of financial relations. After all, not for nothing in the minds of many ordinary Bitcoin users is the main currency of Internet payments. And if it is included in the PayPal payment tool it will expand its distribution network, capitalization will grow and the rate will be strengthened. Today it is not completely clear what position PayPal will take with regard to the crypto currency. One thing is clear: Bitcoin will live without this payment system, because it is based on the principle of making payments on the Internet without involving any intermediaries.
I think it will possibly happen.
Do you think that sometime in the future, Bitcoin might overcome Paypal, as it scales in capacity and userbase over the years?
We already have the ability to create our own marketplace with OpenBazaar, that uses Bitcoin as its payment method, so it should be no surprise that the combination of these two may be a fierce competition for both eBay and Paypal.
Nevertheless, feel free to vote on the poll above and express your opinion about it, if desired.
We already have the ability to create our own marketplace with OpenBazaar, that uses Bitcoin as its payment method, so it should be no surprise that the combination of these two may be a fierce competition for both eBay and Paypal.
Nevertheless, feel free to vote on the poll above and express your opinion about it, if desired.
In my own opinion, Bitcoin will never overcome paypal and why? , Because paypal was created for people to get their payment online and it was being used usually by those people who are freelancers and wants to work at home.
Paypal is a centralized company and they work for themselves only. Bitcoin is different, it works in a way for the favor of the community and the users. This is the main difference between them. Bitcoin will be more advantageous over paypal soon.
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