Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin overcome Paypal?
by
dmamigo
on 01/06/2017, 18:35:42 UTC
We cannot say if yes or not but for me i think yes because so many people or users use bitcoin and it so convenient when paypal and bitcoin is combined.

True, Bitcoin and PayPal are combined and can not be compared. They will exist both, because they are two different directions.
well to be honest they are not different at all  when you think about it. Both of them allows sending money from one person to another, both of them uses online currency to send over fiat (usually). The only fact that is different between them is that paypal needs third party in order to operate and bitcoin does not. That's why bitcoin is much better than paypal is and that's why it is going to become bigger soon.

Obviously their general purpose or usage are of same kind, but if Bitcoin cannot control their increasing fees, it will someday overtake Paypal fees.
And also it security shall be considered and Paypal provides a good Buyer Protection service.

But ofcourse if you know the seller or sending to your friends and family, currently Bitcoin is a far better choice. If BTC improves more and curbs fees to some extent, it will really be unstoppable.