Yeah. Despite the similarities between PayPal and Bitcoin for money transfers, they're different one from another. It's like comparing oranges with apples. But, rest assured that the more traction Bitcoin gets, the more attractive it will become for merchants and individuals to get ahold of its benefits.

Eventually, both Bitcoin and PayPal will co-exist, as they have their advantages and flaws. Whenever you need to get access to fiat currencies, there is PayPal, and whenever you want to grow your investment for the long term and achieve financial freedom, there is Bitcoin.

It is up to you to choose which of these payment processors suits your needs to help you maintain a steady financial life. Just my thoughts