Was PayPal ever a good option in the early days of exchanges in order to buy bitcoin? If someone wanted to buy a ton of bitcoin in early 2010, would PayPal have been the way to go to buy more than 1000 usd worth of bitcoin? Why did PayPal get a bad reputation then?
PayPal does not have a bad reputation, but since PayPal is a centralized platform and it works like a bank. So there are many limitations and rules of transactions. But in the case of Bitcoin, this is not the case. In the case of Bitcoin, everyone gets financial freedom and can make transactions as much as he wants without any restrictions or limitations. For this reason, everyone likes Bitcoin at present and everyone wants to get Bitcoin as a payment method, especially those who are involved in Bitcoin. Because of this, the demand for PayPal may decrease a little, but PayPal is still very popular all over the world like Google Pay and Debit Credit Card