Re: Do you think this is the start of mass adoption in Bitcoin? or Nah?
Many users are taking this negatively because Paypal is Centralized
But in my opinion, this is better than using a third-party P2P platform
if we will talk about PayPal to Bitcoin trade this is a common trade that scam happens
i experience it before when i need to pay in some website where they don't accept bitcoin
i sell my bitcoin in the third-party P2P platform the scammer chargeback in PayPal and i never get my bitcoin back
even i don't plan to use PayPal anymore i don't a have choice because this is a platform that almost accepted everywhere
but it will be different if i can put some bitcoin in PayPal instead and trade it directly on their platform
Did you just praise and criticized Paypal at the same time?But in my opinion, this is better than using a third-party P2P platform
if we will talk about PayPal to Bitcoin trade this is a common trade that scam happens
i experience it before when i need to pay in some website where they don't accept bitcoin
i sell my bitcoin in the third-party P2P platform the scammer chargeback in PayPal and i never get my bitcoin back
even i don't plan to use PayPal anymore i don't a have choice because this is a platform that almost accepted everywhere
but it will be different if i can put some bitcoin in PayPal instead and trade it directly on their platform
we all know and need to accept the fact that we cant use bitcoin everywhere
with paypal adoption bitcoin have a higher chance of merchant accepting bitcoin independently
But merchants will be paid in fiat (USD) and not BTC. Paypal will only act as an exchange converting whatever customers pay in BTC into USD. I doubt the merchants will even know what payment method the customers used.with paypal adoption bitcoin have a higher chance of merchant accepting bitcoin independently
Not your keys, not your coins are one of the reasons of some users but holding bitcoin in PayPal is optional
the same in exchange and other centralized platforms. only put what you plan to use, trade, or afford to lose.
It's not even optionalthe same in exchange and other centralized platforms. only put what you plan to use, trade, or afford to lose.
Look at this:
Do you think this is the start of mass adoption in bitcoin? or Nah?
If merchants can accept BTC payments directly. I doubt if otherwise.