Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin overcome Paypal?
by
Damsel_7
on 16/02/2018, 03:15:57 UTC
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.  Grin

Yes, it is because of true efficiency and a total overhaul or upgrade of outdated business models brought forth by unprecedented network-driven efficiencies.

The introduction of the Bitcoinus, a revolutionary online processing for crypto as the company tagged it started last January 22, 2018. The company wanted to make more altcoins available for payments to create more opportunities for all online businesses and crypto developers. Two years from now people will see the difference and after 5 years Paypal will be in trouble. That's from the CEO of the Bitcoinus Thomas Mikauskas.

The digital currency works, Bitcoin has greater volume transactions than Western Union and it is anticipated it will overtake PayPal later this year. That's from CEO Peter Tasca of Laureate Trust.

In the next two years, Bitcoin can surpass the dollar transaction volumes of other established payment companies including Discover, and even American Express, MasterCard, and Visa. That's from CEO Chaya Hendrick of SmartMetric.