Paypal is dead, bank transactions will be dead as well, we just need time, they are expensive operationally, cryptocurrencies will be in every field of life. New big companies are coming.
I agree. But I think it will take much time, more than 10 years for sure. The world fintech progress grows day by day, so you never know what will be tomorrow. If Paypal/Bank system will be adapted to the new decentralized reality there is an opportunity to survive for them.
Paypal is going to have an ICO and yes they can't beat Cryptocurrency in the long run, that's why they want to partner with Group of bankers so that the company will stay alive, IF they going to create token it should be decentralize so that no one will hack the banking system.