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
If you want to exchange your bitcoin for Paypal or your Paypal for bitcoin then it makes sense that you think this is better especially if we take into account your bad experiences in the past, but this is no better in any way than P2P trading, bitcoin was designed to do exactly that, remember? That is the hole purpose of bitcoin, if anything I would like people to do this in a decentralized platform and not use something like localbitcoins since that is yet another form of centralization, however without a doubt it is a move forward, some will like it and some will not but it is always better to have more options in the market even if I am not sure I will ever use something like this.