Do you think that sometime in the future, Bitcoin might overcome Paypal, as it scales in capacity and userbase over the years?
We already have the ability to create our own marketplace with OpenBazaar, that uses Bitcoin as its payment method, so it should be no surprise that the combination of these two may be a fierce competition for both eBay and Paypal.
Nevertheless, feel free to vote on the poll above and express your opinion about it, if desired.
We already have the ability to create our own marketplace with OpenBazaar, that uses Bitcoin as its payment method, so it should be no surprise that the combination of these two may be a fierce competition for both eBay and Paypal.
Nevertheless, feel free to vote on the poll above and express your opinion about it, if desired.
Yes I think this is possible.
But for that to happen we have to get our sh** together!
Meaning that SegWit or some other proposal gets overwhelmingly accepted and finally realized to be able to push more transactions through the system and into the blocks.
Then we will able to overcome PayPal with it's actual $50 billion market cap easily imo.
I agree. Bitcoin has become really big, especially now in the last quarter of the year. However, I think before it can be possible for it to be similar to Paypal, it should first establish itself as a reliable medium of currency and means of payment. For now, although it's price is really picking up, many people still fear that it's volatile character would affect transactions negatively, which somehow makes people doubtful on totally embracing it.