Quote from: Visin on June 09, 2017, 11:17:55 PM

Quote from: redbee on June 08, 2017, 04:24:47 PM

Paypal cannot be overcome by bitcoins because of the simple reason that 90% of the online e-commerce sites accept paypal as a payment method and hence that plays a vital role. Though a person who knows btc and paypal both would always prefer dealing via bitcoins.

If 90% of the people in the world pay for things with PayPal then PayPal has a very large chance in being the top payment processor for online transactions. People that use Bitcoin will see how well PayPal is performing and will try copying it though I am sure that Bitcoin will fail in doing so.
If PayPal integrates Bitcoin into their PayPal system then Bitcoin will be much more popular than PayPal.

There is no if and chance. Paypal IS the bigest payment gateway in the world excluding Visa.
But again it is stupid to compare Paypal and Visa and Bitcoin.

And it i also stupid to think that in the end there will be only one.
No , the three of them will never really compete or "kill" each other.

Quote from: charlescoin on June 11, 2017, 05:37:58 PM

Quote from: Armstand on June 11, 2017, 02:53:50 PM

Quote from: aoluain on June 11, 2017, 02:50:40 PM

Will bitcoin overcome PayPal?

Its all a matter of bitcoin adoption on the part of both buyers and sellers
Sellers need to accept and buyers need to be willing to spend.

I needed to buy something on Friday and wanted to use bitcoin from
A little trade I did during the week but the online shop doesn't accept
Bitcoin so I paid with PayPal!!

Its probably a matter of time but I think it will have to get kick started
By the sellers

Online shopping payment were not yet covered or familiar with btc,someday businessman might operate having it. Though paypal can still be a choice.

Any online shop that doesn't accept bitcoin is quite stupid because there are already many payment services that will automatically convert it to fiat for them so they don't even need to touch the bitcoins personally.

And have you looked at the fees recently those payment services take?
Also you know the legal process involved in that?

It not just putting a shopping cart in wordpress adding bitpay app and that's all.
Maybe in a 3rd world country but around here you have to follow some laws.