Ninjastic
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Board Trading Discussion
Re: Is bitcoin better or paypal?
by
MintCondition
on 09/04/2017, 03:05:12 UTC
Quote from: Sled on April 09, 2017, 02:41:47 AM
Quote from: delliaerd on April 09, 2017, 01:39:22 AM
Quote from: rikky05 on April 08, 2017, 05:20:41 AM
Your bitcoin wallet can't freeze your funds because someone is investigating "something" they never say what really is, related to you like Paypal does.

Because no one controls your Bitcoin wallet besides you.  Wink
Yes Agree with that, the One who can control your bitcoin is you. A lot of strict rule in paypal that make us uncomfortable of using it. so I think bitcoin is better than paypal, we Get a lot of advantage of using bitcoin such as the ease transaction and the anonimity.
In paypal, they need your personal information while in bitcoin they don't need your personal information, bitcoin just need your bitcoin address. In paypal they have high fees that can make you annoyed when doing a lot of transactions while in bitcoin, the fees are very flexible and you can adjust it based in the time frame that you like when making a transaction. In just those two characteristics, I can say that bitcoin is better because it is anonymous and it is lower and more affordable than paypal in making transactions.

Other than that its decentralized and not limited on one currency or country. I mean in PayPal before its only convertible to USD and some countries were not supported with PayPal and needs lot of information also a credit card which I don't have,unlike in bitcoin we can convert it on our currency and does not provide lots of details about us. Definitely Bitcoin is much better than PayPal that I tried to use before.