because it's not a same product as PayPal
what Obyte can offer to a legal merchant, that can't offer PayPal (visa, alipay, eth/dai and so on)?
That's kind of odd question from somebody who is into cryptocurrencies. Kind of tired explaining all the problems that fiat has over cryptocurrencies. You should already know these answers.
Have you ever seen obyte.org?
* ICO/STO Platform (cheaper and easier than on Ethereum)
* Developer friendly (friendlier that PayPal or Braintree or any other fiat/credit card processor)
* Risk-free conditional smart payments (doesn't even need oracle if used for Obyte assets)
* P2P insurance (either by finding a counterpart from public channels or flight insurance bot, could be used for other insurance too)
* Prediction markets (currently only possible by finding a counterpart from public channels and then offering contract via chat)
* P2P betting (either by finding a counterpart from public channels or via sports betting bot or BB Odds website
* Textcoins (actually what sending funds to email means, PayPal just uses email as account number, even better than PayPal when used with email attestation or username attestation)
* Sovereign identity (most coins only dream about it in their whitepapers, Obyte have it already for over the year)
* P2P payments in chat (like Venmo or WeChat)
* Chatbots (don't know any Chatbot platform that also has payments included, maybe WeChat and probably Facebook soon)
* Blackbytes (great for privacy, if used the right way)
* Cashback for merchants
You listed the functions, but the question was not about that. As a merchant you don't need ico, smart payments, insuranse, betting and other. You need only add payment button on your site and spend money from sales. That's all. Why Obyte button is better than Visa or ETH button? Why as a merchant i will prefer Obyte over ETH?
There is only one reason - the size of the community aka spenders. If i see that my customers want Obyte, i will add Obyte. There is no difference will on the button logo btc, eth or visa. Merchants want to sell their goods and they don't get a fuck about textcoins.