Quote from: Be-Aware on October 15, 2015, 01:03:37 PM

Being new(ish) to bitcoin, I've noticed it MUCH harder to sell products online and accept bitcoin as a form of payment. Paypal sales are steady and people tend to rather use paypal than bitcoin to buy things. (in my exp anyway)

I wish bitcoin could somehow figure a (buyer/seller protection) like paypal. It's alot of work sending items to escrows/ waiting for them to get the item/ then them sending item to buyer etc.

I may be totally out there on this,lol also sorry if i don't make much sense either. Sometimes its hard to type what i'm really thinking,lol

Well PayPal is more integrated in many platforms mainly because it is something easier for people to understand they use PayPal to buy or sell things but it is not a currency itself rather i believe as someone has already stated a platform. That being said with escrow there are sites that you can buy and sell that offer escrow services such as cryptothrift or now know as bitify. It is a pain at times but offers security for the buyer and seller. With bitcoin escrow is the best protection when doing transactions for items or services.

The thing to keep in mind with BTC though is there is no fee to use it PayPal charges a fee for everything anymore seriously it's ridiculous. And even with their so called "buyer protection" or "seller protection" you can still get screwed very easy with paypal look up some of the ebay stories even with high volume sellers that have perfect ratings will be screwed over. BTC takes all that away no one can go back two weeks or even a month and say o something happened i need my money back then your left with loss of product and owing someone money.

Another thing to keep in mind is BTC is still foreign to majority of people sure they may have heard of it but most don't really know what it is or care. That will change once places like walmart dollar stores best buy whatever start to accept it in their stores like a lot of them do with paypal now. That could be many years away or next year hard to say but eventually BTC will be accepted virtually everywhere it's a digital currency for a digital age.

grim789

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