Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin bring an end to Paypal?
by
pinoyden
on 06/11/2018, 00:46:49 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 am believe Paypal will collaborate with bitcoin. Credit card or debit card can used by bitcoin to spend in merchant because most merchant using Master Card or Visa card. I think bitcoin can collaborate with them and make easier to use

Collaborate ? Hmm i dont think so . both platform are working on a different way , paypal is centralize and all payments that have been processed succefully can still be chargebacks or can be recovered from the reciever and his account can be disputed while bitcoin/cryptos is working oppositely , cryptos are anonymous and once the transaction is procesed succesfully it cannot be reversed anymore  no matter what is the reason .

Though cryptos wont put an end to paypal but rather they will work in a parallel manner or equally because both payment methods are still indemand thesedays .