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 "is still existing" because people use its services. Choosing them over other payment methods available on eBay.
People are more comfortable in using Paypal as its service period has been longer, and I personally feel that Paypal is really good when it comes to online shopping.
Pretty much my point. Online shopping would be nowhere without buyer protection, and that's what PayPal offers.