Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin overcome Paypal?
by
Abiky
on 17/07/2017, 13:53:45 UTC
I have read an article yesterday on cointelegraph that PayPal will adopt bitcoin soon. At first, I thought that PayPal will be hard with this decision and they won't allow bitcoin to enter their business. But with this move, it's clear that bitcoin did overcome PayPal, it's just a matter of business.

Agree. It is just a matter of time before businesses and merchants realize the true potential of Bitcoin over PayPal. Give it a few more years, and it will become stronger, and more stable making it an attractive choice for everyday commerce.

Right now, Bitcoin has experience negative effects in its value, as well as uncertanity whenever its proposed scalable solution would become successful or not. In the bright side, I believe that this is just temporary, as it will become much more valuable than what it is right now when SegWit2x becomes successful within the Bitcoin network.

Thus, Bitcoin will become improved over the years making it a solid payments processor that will rival centralized solutions such as PayPal, Visa, MasterCard, and more. Just my thoughts Grin