Bitcoin is far better than paypal. If we use paypal it has huge amount transaction fees than bitcoin. If wanna compare paypal means We can compare with Western union. Transactions are open and transparent in bitcoin Not like transaction medium.
yes i also think so that bitcoin is too much better than paypal. it is also a fact that the transaction price of paypal is also too much as compare to bitcoin, paypal is regional and its service is not available everywhere, but bitcoin is a universal crypto currency and its value is present every where.
no matter how much better bitcoin is. the average joe will always prefer to use payment services such as paypal as they trust them much more than they trust bitcoin. the main thing with bitcoin that they see as a problem, is that there is no central authority in place. that's the thing that bothers these people. add that the media is saying that bitcoin is a currency of the underworld, then you'll know what people will think.
The Paypal is very fast and very poplular. But after the bitcoin is more popular, you can use the paypal to use the bitcoin.