But more to the OP, what can I buy with bitcoins that I cannot buy with paypal? Ok, drugs from Silk Road. What else?
Not much... yet... but we want an alternative to fiat money. We want anonymity. We want to backup our money (without FDIC). We dont want inflation. We want control.
Tell us how Paypal will help us with that?
Paypal is the wrong example. Tell me what I can buy with Bitcoins that I can't buy with Verifone?