I'd choose Bitcoin over Paypal any day. Sorry but Paypal just sucks.
Their buyer protection on ebay is a gigantic fraud as well. I can't understand how this company is still existing.
The company still exist because your claims aren't true at all. Remember the Paypal is under the world's financial law and terms. They are registered company and all info of their heads are on the box. If your claims is true then Paypal will not run for years.