Post
Topic
Board Trading Discussion
Re: Is bitcoin better or paypal?
by
SvenBomvolen
on 15/01/2017, 22:27:33 UTC
Bitcoin is better but right now PayPal is further because it just gets more accepted all over the world.

They are both good but I think that Bitcoin is already bigger but just not accepted a lot what has to change soon or later.

   They are both good, that is right answer, we cant compare bitcoin and paypal. When paypal was invented it draw a big attention, unique service that can make fiat transactions easier. Bitcoin on other side is not a service, bitcoin can be used for much more things.
   Paypal will lose its purpose if bitcoin become mainstream. People will not have any benefits from such fiat services.
   
but there are so many limitation and drawbacks in paypal as paypal have very streck rules and regulation, their service is not present everywhere. while bitcoin can be use in all over the world, because is not a regional currency, it is a universal currency.
paypal may have some limitation in your area,  but not for everyone and everywhere, in most of the area they are providing their services and people are still happy with their service so paypal is also best option for them.

   That limitations comes with government laws in specific country, cause of that limitations are not same everywhere. PayPal is fiat service, and they are not free like bitcoin is. With the presence I agree, but bitcoin also is not present everywhere. Some people in some parts of the world can use bitcoin for many things, others like me still cant do much with bitcoins.