Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin bring an end to Paypal?
by
denzkilim
on 04/11/2018, 02:05:04 UTC
In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?

I still do paypal and I still want it to exist, because there are transactions online that are suited for paypal users, like you are going to transact to people you don't know and there are online stores that only caters to paypal users because paypal tos is suited to their needs.
For now paypal is still preferred because many online merchants accept payment by paypal and other facilities that make paypal popular. but when acceptance of bitcoin is the same as paypal that it is accepted everywhere. I'm believe the use of paypal will decrease. because in my opinion bitcoin has more great facilities than paypal
You guys didn't understand well, Paypal is using fiat money and this type of cash is not volatile like Crypto Currencies and do you think that most of the merchants all around the world would like a very volatile money that can crash anytime? Huh Paypal is used by a lot of stores in the world and it already established its name and status in the industry. You people always think that someday Bitcoin will replace the paper money that we are using and that's kinda insane for a person that possesses a normal or an average brain. Stop your delusions of comparing paper money and Crypto Currencies because this two kinds of cash and digital cash are different from each other and both have upsides and downsides.
Even with the mass adoption of Bitcoin will occur Paypal will never be gone and it will continue or accept Crypto Currencies too. And one more thing, not every people are given the privilege to use a Crypto Currency because this is not a physical object and to be able to use or possess it you'll need a smartphone or a personal computer/laptop and of course the internet is also needed to perform a transaction and we all know that there are people that don't have the ability to possess and use these kinds of stuff. Cool