I have been using PayPal earlier for receiving and giving transferring payment outside the country for due to my freelance writing profession but the drawback in PayPal is it takes much time to receive funds as compared to bitcoin.
Personally bitcoin is better than paypal why because you can storing and hiding your wealth being as your bank. Easy to use you don't have any fear by the authorities limiting your account for any reason while paypal takes you a risk and hassle so and so on
even I dont have anything to hide I still not use paypal. hard to have a verify account. And many scammer buy btc from me with paypal then use disputed.