There is a possibility that bitcoin will overcome Paypal especially the high market price of bitcoin now. Paypal is just kind of storage for you to buy online but bitcoin is not, you can actually earn on bitcoin and double its value in the future but also there are some risks unlike paypal but its the worth of risk. We know that the price of bitcoin now is increasing more and more so we don't think that bitcoin price will decrease. The use of bitcoin is still not all over the world that's why paypal is still ahead now but sooner or later bitcoin will be known all around the world and the process to use bitcoin as a payment all around the world will be a reality will be also the end of Paypal but we don't know our future. So we just gonna wait and see what will happen.
Agree. With time and due dilligence, Bitcoin can become well known in a rapidly evolving world. It is still in its infancy, but once it becomes mature enough to take its step into the mainstream world, things would change drastically.
When this happens, merchants that once accepted PayPal, would become tempted to use Bitcoin due to its popularity and greater advantages than the latter. Low fees is of utmost importance, and if Bitcoin can deliver this and many more, it will become the top choice for everyday payments instead of traditional payment processors like PayPal.
But as you said, it would be up to wait and see what will happen in the future. In the meantime, we could focus on supporting and spreading the word about Bitcoin to make it closer towards mainstream acceptance. Just my thoughts.
