Post
Topic
Board Beginners & Help
Re: How long until Bitcoins render Paypal obsolete, if ever?
by
paradigm
on 02/04/2013, 13:17:25 UTC
My thoughts are..  Paypal won't operate in 60+ countries because of fraud, they take extortionate fees.. If I had a stake in PayPal right now, I'd be looking to cash out quick. . The bigger they are.. the harder they fall.

Yep.  Paypal also won't handle certain transaction, for example, adult related business.  Then there are all the stories of Paypal locking accounts.  For a seller Bitcoins would be better because the transaction cannot be reversed.