Bitcoin Forum

In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?

i think no bro. yup bitcoin is popular. but paypal is more security

Even if this happens it will take a lot of time to happen in my opinion. I think that most of the people or buyers are already used to PayPal and thus use it for all their needs. Also, there is sufficient market for both of these to co-exist in my opinion.

Are you retarded? Is this your site?
I'll add a quote so that people won't say that i'm calling you names for no reason.

http://dangerousmother.com/bitgold.html


You should really educate yourself before you start making things up and spreading lies.

I do not think this can happen because too many use paypal. But I would be glad if that happens because I do not like paypal. a terrible support service. This could happen if bitcoin transactions become safer and much more faster.

I think it is almost impossibility because business is business paypal will just adapt bitcoin to their finance system and paypal has been in our world for long time it has a strong reputation

I feel both PayPal and btc have got their own markets and own set of people using both the payment gateways for their necessary usage. PayPal exists in the market since several years and is more secure compared to btc in today's date hence legalised in most of the countries compared to btc. I feel btc has to be regulated to compare the standards with PayPal and further usage guidelines.

I don't think so. I some countries you just can't legally use BTC for transactions. And on the other hand, PayPal hasn't eliminated traditional bank transfers or Webmoney or Paypneer, for example. The will coexist and may be they will finally face the time when they will be forced to fught for the customers, so we'll all benefit

No, this is not the case. In fact Bitcoin and PayPal are not direct competition because these are two different things. Maybe will Bitcoin have some advantage because paying with Bitcoin is more convenient and more direct but PayPal would keep their customers.
Bitcoin is cryptocurrencies and payment method and PayPal is payment services that could also implement Bitcoin in their services so I don't see how Bitcoin could endanger PayPal.

that bitcoin and paypal will not be mutually connected to payment systems, but now many people prefer bitcoin rather than paypal, I think paypal will only lose competitiveness and that can happen.

No.

Paypal is a payment processor. Bitcoin is a currency. How come bitcoin can end this? It's like saying bitcoin will replaced fiat which is impossible even for a decades or centuries. Im a pure crypto enthusiast but thinking bitcoin will end fiat payment processors or the whole fiat is out of the reality. Even how strong crypto is, our optimistic mindset about how powerful bitcoin must not make us to think too much.

If Paypal will be shutdown, maybe that will be due to fraud, shit, violation of the law, end of business/retirement etc. or another fiat payment processor company takes the dominance in fiat payment system globally.

I really think the answer is no, Even though PayPal and the bitcoin network don’t work well together, There are easy steps you can buy bitcoin using your Paypal account and the two has a different view regarding of usefulness to each and every one of us, But regarding the matter that you can definitely use in buying bitcoin with Paypal I can say that the two will not gonna go on each other's throats because the two is a very different thing and if you had used the sites that can buy bitcoin using Paypal that process is unreversible so think twice before using it.

no.paypal is a payment processor but bitcoin is a currency and can be used as payment processor.
but most likely paypal will also support bitcoin for their customer but bitcoin will not going to end paypal.

There is nothing to worry about which one will survive and die, Paypal and Bitcoin are very different in their usefulness principles, both have their own strengths and fields to perform their respective performance, this is a question that does not really occur, because it is not included in the same case, Paypal is always there because they have succeeded in making partnerships from various platforms to make payments, and Bitcoin is an old digital currency that many people use today as digital assets, both of which will shine in the future, lack of competence to overthrow each other, all this is a real public assessment of the facilities.

Can anyone tell me what is the meaning of this post by a legendary account that is related to the thread?

Paypal will continue and will service the people who are still satisfied with their service, but Bitcoin will replace Paypal for

those people who were failed by Paypal. People will not suddenly change their payment option, if they are satisfied with that

service, but when Paypal slip up (and believe me they do), then people will flock to Bitcoin. We saw this with Backpage when

credit cards stop payment to Backpage and also other failures.  8)

With Bitcoin, we won't need Paypal and similar systems in the future.

probably not. mobile/online payments are only getting bigger and bigger---bitcoin has only a small slice of that market sector. companies like paypal, square, venmo and others continue to expand as retail point-of-sale moves away from cash (and to some extent traditional credit cards) and towards contactless payment systems.

also, think about it from a consumer perspective. if you have the choice between spending with credit cards tied to your paypal app, or spending BTC, which would you choose? rationally, i have incentive to spend the $$ (to get cash back + time to pay) and i also have incentive to hoard the BTC (because it's sound money---i expect the price to rise).

No it won't.
Paypal, I know it's hated by many because of their very strange behaviour, I know a lot of people lost a lot of money because of unexplained funds freezing etc.
But Paypal offers users unmatched security - by that I mean how easy is to get a refund from paypal.
You may say that it's also easy to get refund when paying by card - OK, maybe in most developed countries, but in my country it's a big, big hassle and it'll take like a month or even more. I think it's much easier with paypal.
What about bitcoin? What kind of customer protection does it offer? No protection at all. I know it's good from seller perspective, I know many people exploit refunds etc. but in less developed countries it's the other way round - a lot of sellers will sell you their shit and that's all, no after sale support at all, something breaks etc. - you're done.
For example in my country until very recently there was regulation about distance selling that forced sellers to offer cash on delivery payment option. If some online or catalogue shop wouldn't offer this kind of payment option you could sue them.
Someone could make BTC/ETH escrow service and this could be something that could compete with Paypal, especially Ethereum as it has smart contracts. Using smart contracts you could make it fair for both sellers and buyers.

Hmm, I have never given that a thought, but I see it possible by every means.
BTW,  PayPal is not available in all countries, but bitcoin has no limitation.

No, bitcoin will not eliminate paypal because bitcoin and paypal are different paths. Paypal already has a large user and it is unlikely that paypal will disappear that easily.

I think that btc will not bring eng to such a popular and frequently used system of payment as Paypal. To my mind, Paypal is also good and they aren't even competitors as each of them has advantages

I think both assets will be valuable in the future. For each system there are its users.

bitbay will eventually reduce the use case for paypal through the DDE their market place provides.. bitcoin can offer lower rates than paypal although it does favour the vendor over the customer to quite a large extent so does not directly rival paypal as yet imho.

Of course I prefer bitcoin due to being trustless and decentralised and would always personally use it myself over paypal... well for sure if I was a vendor

however there is probably room for many services and since they have a huge lead and network effect it will be a while before they are pushed into a corner

they could probably survive longer by reducing their rates

I just see it as world's apart that might need each other,paypal is just a service provider,bitcoin provides services and has its own technology..

i don't think so
people are free to choose between bitcoin or paypal to send money
so why should paypal end because of bitcoin?

That seems like a longshot. I don't see payment processors like Paypal dying out unless BTC actually becomes the predominant unit of account (replacing fiat money), which would imply ubiquitous use as a medium of exchange, not just as an investment asset.

For now, not only is Paypal growing, but it's also expanding into other industries like credit card issuance. I think they'll be around for a while.


That's an important point. Merchants need to use what customers want to use. They can't afford to stop accepting Paypal or credit cards in lieu of BTC. Customers can just shop elsewhere where they have consumer protections.

I don't think Paypal will end Because of Bitcoin, What i am thinking if ever Paypal growth is lessen because of Bitcoin one way to reverse it or to get users back to use paypal is to integrate Bitcoin to their payment system. Like you can exchange your dollars to Bitcoin going directly to your Bitcoin wallet or deposit funds in paypal using Bitcoin.

This is a good idea in my own side, if this development is adopted People will as well feel save than exposing their credit card details and other information on transactions. I would like to see this idea take place in future ahead because it will really save alot of online hijack of credit card or security breach.

I dont think so and probably not at this stage anyway. Paypal has established itself as one of the safest way for money transactions and Bitcoin is currently nowhere near that. However, I do think with an improved crypto system this will be overturned and even replace what we are using.

I don't see that happening rather I see.it empowering PayPal and strengthening PayPal's platform to be to.functioj effectively without a third part interference.

They are likely to exist side by side, as they are not exactly the same thing.  Crypto currency is more like a resource, and paypal is just cash gateway. In fact buying bitcoin with paypal is not too bad, but from trusted sources.  Resource will never become money because money has no value, its mandated by government through economy.  

It had plenty of time to bring to the fall of PayPal but it didn't happen. Exactly like the credit cards, didn't stopped people from using cash. Balance is the key bitcoin can be popular and PayPal as well, without one defeating another.

I think that paypal will not die by bitcoin, until today paypal is still used for transactions by some people, even some projects create a crypto paypal.

paypal is a new transaction innovation, but bitcoin is more popularity than paypal. I think both will be used by the public.

paypal has done her beat in the era of diitized money and also bridging the gap between regular or conventional transactions and digital money but with the emergence of the latest technology, i think its high time the paypal take a bow for the cryptocurrecny world to take over

I think, both are popular, but paypal doesn't have a more perfect function than bitcoin. and I think that paypal will not die by bitcoin, both will have benefits for transaction in the future.

it will be difficult since paypal is already an established mode of payment recognized even by governments and banks. but bitcoin can perform together with paypal that is if they can compete equally in terms of users and trusts of people using it

PayPal already have large number of customer and received in many merchant. Bitcoin make competition with Paypal but i dont think it will kill another payment like paypal.

not sure, because theres a lot of advantage in paypal like security protoco, KYC and legalization to use worldwide, unlike in bitcoin, although bitcoin is more secure in terms of security and more faster to transfer money than paypal but bitcoin is not totally legal (adopted) yet in most of the country worldwide, meaning the lifespan of paypal if more than you expected.

Both bitcoin and Paypal have their own advantage for people. That is bitcoin have and paypal don't, and opposite for it, Paypal  have what bitcoin can't do. For example, reversible transaction. So i think it is better if both of it stay like that and nothing want to more than other.

PayPal is a online wallet used to store some funds and to use them to pay for the commodity.
PayPayl only allows us to store the centralised Fiat currencies so i don't really think that they can make an end to bitcoins as they don't matter them a lot.

it is impossible for Payapal to die simply because it is just an online service that can change and adapt to the new changes in the world because of the competition. for example nothing is stopping Paypal to become a custodian service like Coinbase for example and work with bitcoin to even increase their revenue thanks to bitcoin and its eventual mass adoption.

for example one of the problems people are facing is to dump their money for bitcoin. many have money in their Paypal account and would love to use it. Paypal can offer a service for a fee so that people can do it on their platform.
in short they may even become bigger with bitcoin!

Yes, they are both quite different and paypal is more used and known, so saying that bitcoin will change or replace paypal is  not really fair. I think bitcoin can be integrated but no more than that.

Both paypal have their own ways and advantages. Paypal can also give the people good services online just like bitcoin. So it may not die if there are people who will still use it.

Probably not, Paypal has its own strengths and its own usage environment! When the payment is guaranteed, paypal is still the top choice!

That won't happen because paypal is another thing and should not compare with bitcoin. As we all know that bitcoin is a digital currency where we can store it in a digital wallet unlike paypal system which is barely a payment system and they are not holding any amount of money we had instead they are only transferring money for payments.

in my country they all use paypal instead of bitcoin bro. so i think this time bitcoin is not safe

I dont think so. each part has own features and I think the best way is that they will associate together to give the best products for the market. So, we - users can get the best benefit.

bitcoin will not end paypal, because as far as I know paypal can be used as a partner of bitcoin to become one of the transaction media. so I think paypal will not be easily shifted or terminated by bitcoin.

Well there is one thing that can happen - Paypal may start accepting BTC just like they accept many different fiat currencies.
As for buying bitcoins via Paypal I'm not sure if you can do a currency exchange in Paypal? Or are there any currency exchanges that accept paypal? Because if answer to either of these questions is yes then it would make buying BTC possible with paypal funds. But I don't think that could become one of Paypal's more important services.

yes, I think like that, where paypal fraud cases are greater than bitcoin and other crypto. Paypal is vulnerable to being attacked by fraudsters or carders, its security is still weak and the system sometimes irritates people

In my opinion, using Paypal is more complicated than using Bitcoin. Money from Paypal will usually go to the bank within 2-4 business days (excluding holidays, Saturdays, and Sundays), which may be longer. So I see Bitcoin as the fastest and most reliable payment gateway.

Hello,

Don't think it will happen because Paypal is a well known established company and give services to lots of people.

But they also need to adapt them and think they will need to propose also BTC like fiat as payments.

I think for now paypal itself is still something that is hype among internet users to make purchases and sales, because paypal itself uses exchange rates like real-world currencies, unlike btc where we only have btc values without any link between the rates of each country , maybe related but the impact is only a little, so in my opinion for btc can replace paypal is still quite a long time, because the paypal brand itself has been created in the minds of the wider community

Bitcoin running on blockchain  is very fast, safe and there is no third party who will receive payment for being in between the sender and receiver unlike the other digital payment option where there is a third party who receive fees for providing services to both sender and receiver. If bitcoin as expected take over the payment transaction will really affect the  fortune of other payment options like paypal and others. They may update to a blockchain  to remain relevant.

Yes, why not, interesting idea, I would support it. Bitcoin is designed as a currency to use for online purchases, so a use case in all onlines stores can add a big value to everyday users. At least it can be an option to use it for online payments.

Considering how both BTC and Paypal is I think so many people like using paypal more than BTC because of the nature of BTC. But I think in the near future since BTC is going to dominate the more it will end the use of Paypal and this will be confirmed in the countries which does not permit Paypal use.

BTC is even now breakign the boundaries and taking over paypal. So many countries cannot use BTC and they have adopted the use of BTC in their transactions instead of Paypal. So I think in no time BTC will bring an end to Paypal.

I'm pretty sure you guys come from country where credit/debit/payment cards are widespread, accessible and in use since many, many years ago.
Well, I'm from country where in the 90s and 00s it was difficult to get a credit card, it was stuff reserved only for the wealthiest and (big) majority of shops didn't accept them.
When internet gained popularity most of the transactions were done by cash on delivery or bank transfers. And number 1 rule for e-shopping was to choose cash on delivery because it was safer than bank transfer: you wouldn't have to pay until the goods arrived. Of course it didn't prevent scams where you opened the package to find a brick or bunch of potatoes  :o instead of goods you ordered, but it was way safer than bank transfer - and I find bank transfer closest to bitcoin transaction.
Today when I opened youtube app I got a video of another scam in my feed and guess what: it involved bank transfer, this time electronic one as electronic bank transfers are most popular way of paying online today in my country. Electronic bank transfer is instantaneous and as direct as it can be: from bank to bank. It also means if you get scammed there is no one who can help you (except police, but they don't care).
So yeah, Paypal delays may be irritating, some of their practices are almost fraud (I wouldn't ever use Paypal for really big transaction), card fees may be big issue (in my country they are very high) but having 3rd party involved is also good thing when something goes wrong.
I still remember an anecdote from 2013 or 2014 where someone was trying to pay via Bitcoin online to some big online retailer/ service provider and there were some problems with the payment and when he contacted support they told him "we can't help you, you have to call Bitcoin and ask them for help"  :o ::)

The use of bitcoin worldwide will take some time for this to be accomplished. The world is now getting to know bitcoin and cryptocurrencies. It will take some years for the world to full recognize bitcoin as an alternative mode to send funds to another person. Paypal is widely used by a lot of people as compared to bitcoin. It will hardly be possible for bitcoin to bring an end to paypal.

Yes! Bitcoin is still the best for paypal, you don't need any more cards or banks to connect it to your paypal account to make payment for anyone. Because Bitcoin is decentralized, we don't need any banks to send payments, all we need is internet connection and our personal bitcoin wallet.

Paypal is not being accepted in some countries and therefore those countries are now trading and also buying goods with BTC instead of Paypal. In countries where they use Paypal they are also using BTC and stopping Paypal use.    

i dont think so, we can see that paypal is just a payment gateway, paypal still use the USD as the currency, and we can see bitcoin is not use USD anymore, bitcoin have their own value. so bitcoin and paypal is 100% totally different

I think that Paypal will start losing its business when crypto will go much more mainstream, so let's say when also the fiat money will start losing power in favour of the cryptocurrencies, so for the next years I don't think Paypal will suffer too much.

As both a PayPal and bitcoin user, I doubt bitcoin will put an end to PayPal. A lot of people have been using PayPal, perhaps more than bitcoins right now. It will take time before PayPal decides to shut down their websites because of bitcoins. If any, they might even join the crypto world and convert as an online wallet or something else, but PayPal ceasing operation because of bitcoins? I am not sure about that.

In my opinion, it will not end whether bitcoin or Paypal, just because they have their own name established and a lot of people are believing on both of them, so its impossible even if they have a large margin of users of it, the fact is their are still users of it that continue gaining benefit.

I hope so. Companies such as Paypal and Western Union have earned a lot of money to transfer money from people for years. And they're not transferring their own money! They earned money from their customers' money. I hope that Bitcoin and the crypto will be successful. Companies that do not have this kind of production find themselves a real job. May be usefull one!

I think cryptocurrencies will kill all old-style online payment processors and not only PayPal, because transaction fees in crypto are much lower and there's also no bans or cash backs.

I do not think that bitcoin destroy PayPal as it is a very reliable and popular payment system that is even more popular than bitcoin. Also, the payment system helps to return money from dubious investment projects, and if you make a payment with bitcoin, you will not return anything !

I don't see Paypal to stop operations. They can simply adapt by accepting crypto. If they do so, huge amount of their user base will get option to purchase and use digital currencies, most likely they would be successful in that business too

Paypal is already end for me. Their fee is too crazy and not many people use it anymore.
If compared to bitcoin, i prefer to use bitcoin as a payment than paypal

Bitcoin TPS (transactions per second) is still slow, it won't replacing paypal if we cannot do transactions quickly.
But i heard that lightning network will solving that problem. If we can use bitcoin to doing many tx, then bitcoin will become a mainstream payment gateway.

In my opinion. bitcoin will not affect paypal or other payment tools. all payment instruments can die or do not have users when their system cannot continue to grow and adjust to customer needs. so, the existence of bitcoin will not affect other payment instruments when they can continue to improve the system and develop payment instruments according to the best needs and level of service.

Paypal in terms is the alternate of digital payments transfer and the major differance between both the Bitcoin and Paypal is legality and illegality.
If we see, bitcoin is considered an illegal asset in most parts of the world but Paypal has allowance by all governments.
So the statement of bitcoin bringing end to paypal is wrong

In my opinion, it will be happened when all of us already use bitcoin as a world currency, without using anyother kind of currencies. It means that we never use dollar, yen, and any kind of currencies to do the transaction. But, even it is happened, paypal will still alive when paypal addopt bitcoin into their currency as a payment to. So, it depends on the paypal.

Paypal will not disappear unless Bitcoin is accepted worldwide. Because nowadays some countries do not accept Bitcoin, Paypal still demonstrates its usefulness. Moreover, there are many people using Paypal to trade so Bitcoin wants to end Paypal will be very difficult.

Crypto is an enabler..especially in international payments..
Earlier we used paypal for accepting payments from foreign clients.and as everybody knows Paypal is a big parasite used to eat 9% in fees and currency conversion and after that days and days of waiting to get it in bank.

With crypto in half an hour the payment from client is in localbitcoins account and if buyer has localbitcoins accounts then instantly and after that within a minutes in bank account.

And nobody can dare to freeze my accounts.nobody will judge if my payment is a risky one or whatever paypal used to call it.

Obviously, English isn't your thing.  ;D

How secured is PayPal really? I think PayPal's discriminatory approach towards residents from certain countries is its major bane. I for one would love to see all that change or it burns with it. This is a major advantage bitcoin has over it and it could run PayPal down. Hopefully, it does.

I am not sure that pay-pal will be finished in the world but pay pal is also an important way for online payments and people trusted it very much an pay pal and crypto will be survive with it and if crypto become legal all over the world may be it will take the space of pay pal.

for now, in my opinion, paypal must still exist to adopt bitcoin in paypal payment mode, this will further strengthen the existence of bitcoin and expand the circulation of bitcoin.

probably yes but for now its too early to speculate on that, paypal has been establish for quite a while and theres a lot of institutional investors it at wall street so, but over time when the anticipated global crisis erupts then most of the monetary system will be crypto ;D

Bitcoin is indepedent currency and also can consider as digital asset or digital currency but such as webmoney paypal is only payment prossesor which mean the currency for each transactions still use other currency such as dollar or euro so i think both of them have different function but if you mean paypal users will switch over to bitcoin then i think it will possibly happened but to eliminate paypal i think it won't be happened at least in the near future

Bitcoin is really popular but Paypal has its own use and has its own benefits to the people, bitcoin and Paypal have their differences so I don't think Paypal will end because of bitcoin, that is too impossible to happen because a lot of people are using Paypal also and at the same time we can use bitcoin and Paypal, it is better to have the two.

Yes, it is always better to use both. Actually bitcoins are decentralised whereas PayPal supports the centralised currencies like USD, AUR, etc. PayPal can be used to purchase bitcoins or sell them. PayPal has entirely different features and compositions than bitcoins.

Also i think that paypal is already been accepted by several countries as a mean of payment and PayPal wallet makes it much easier to send or recieve fiat currencies digitally. PayPal is a digital form of centralised currencies. Some features can be relatively be similar for bitcoins and PayPal but not that they run on a same phenomenon.

An individual can use paypal for centralised funds and bitcoins for decentralised ones. They both can operate similarly and also PayPal makes converting bitcoins into fiat much easier. Also we can directly send the funds from our PayPal wallet to our bank easily without any issue.

Actually bitcoin also has the same role in online payment methods. The difference is that bitcoin also functions as electronic money that can be used on certain sites. The main function of bitcoin is crypto currency that is used as an online payment tool. Bitcoin has its own currency symbol, namely BTC.

If we are marching towards globalism, then it a must we have money is universal. Fiat is not universal, so crypto will be the world's money. Bitcoin will always be around, but I think about ten or so crypto will survive that has specific verticals.

I really like the title thou i have some few words to say, it cannot be what it is, paypal is one of the means of transacting fiat money in exchange of cryptocurrency, there are so many ways on how to transact to other peer to peer and paypal is used also.

 Cryptocurrency transaction is not always via blockchain address,  to clarify some point,  for example from my US dollar to your crypto,  escrow should have both wallet, paypal wallet and blockchain address wallet (any wallet)  if both crypto and usd is received by the escrow then transaction will be as smooth at ease.  

I don't know, paypal is very good for dollar storage, and of course paypal is very reliable on the internet. I think, bitcoin will not be able to replace the position of paypal at this time, because so many people believe in paypal just as they believe in bitcoin.

Not possible yet.Bitcoin is popular and easy to use without restriction. But PayPal is secured and have physical existent.But Bitcoin Don't have any owner or don't have physical existent.Also it's hard to monitor bitcoin transaction.And also Government  is worried for tax.So right now its impossible.

Nice try to promote your website newbie  ;D but you know this forum member is smarter than you  ;)

Bitcoin and Paypal dont actually need to be rivals. Paypal already incorporates several currencies into it, I'm sure adding a cryptocurrency into its exchange options wouldn't be that difficult. I think it would actually be a huge benefit for both, but in the end, Paypal will just adapt, as will the banks.

It’s bitcoin’s volatility that’s preventing it from becoming an official currency, right? But let’s say in the future, bitcoin becomes a legit digital currency we can use to exchange goods and services, then of course companies like PayPal would become obsolete. I mean, will you opt to pay for PayPal’s high fees instead of the cheaper and more efficient cryptocurrency transactions?

I dont think so people are scared about using their credit cards and debit cards over the PayPal. Doesnt seem to me the case at all. Because thing is, PayPal is fiat based and its very popular as compared to the bitcoin itself. The service is trusted one and can not be missed or forgotten so easily. Also their payment solution is now available world wide with no single store left out of its portal. This means it is not replaceable at all and things once set in the globe are not replaceable by any other system so quickly. Bitcoin is not even known to half of the population for sure and most of them are not willing to even try it out. So I barely doubt that it will replace it.

i think that pay pal in the best form now and crypto is doing it's own transactions and if crypto started every where then may people use this but pay pal is the old method and that is allowed in some countries and crypto can be used everywhere in the world.

Just the same way you should have expect any other altcoin to bring an end to bitcoin. paypal have been in existence since 1999 during the time of confinity before they finally have their initial public offering in 2002. todays millions of both offline and online business accept paypal through out the world. The her vast and strict regulations, it become dominant and even many more business are accepting it. there is nothing that is impossible but technically i do not think bitcoin can bring an end to paypal

the possibility that it will not happen and maybe also will carry out the future development of the cryptocurrency no one can know for sure, for now take advantage of opportunities to make a profit

Yes Paypal I think will just add crypto in their currencies because paypal is open for innovations not like other like banks because paypal is an web wallet that supports FIAT and I think it will be good if they have crypto too.

I see what you mean but for me it is impossible that bring will bring an end to Paypal. From my point of view, of course, bitcoin is more useful and convenient, it is also well-known world wide but Paypal is more secure. Paypal is an established mode of payment recognized even by governments and banks. On the other hand, bitcoin is banned in some countries, people still need Paypal. To sum up, I don’t think Bitcoin will threat to Paypal even now or in the future.

I think most people or buyers are familiar with PayPal and use it for all their needs. so bitcoin is not possible to not use PayPal

I son't really get the comparison here. Bitcoin is more like a product that can be used in a system, while Paypal is a system on its own. Paypal can accommodate the use of cryptocurrencies or precisely Bitcoin for financial transactions, if the dim it fit and secure enough. So you should first of all identify basically what they are and what there nature is before you compare the two to each other. Unless maybe you're trying to say that if bitcoin gets integrated into paypal, will it bring paypal to an end because of Bitcoin's unstable market value

seeing the current development, I think paypal still remains in its position. well, like in general, bitcoin is really hard to guess. I believe that 2017 Bitcoin has exceeded paypal, but for this year it looks like paypal is back on par with bitcoin.

I don't think so, because both have different goals and views, there is no competition between bitcoin and paypal.

What is more developed will exist.Maybe bitcoin one day will replace paypal but I think it will take a long time.Bitcoin and paypal have their own advantages so the future can not guess anything.

As Long Paypal can perform a secure and give cheap transaction fee there will be an trader/investor will use their services. and we see that not all of the people adopt bitcoin they are link on centralized system. Bitcoin can beat them if the government support the cryptocurrency as a primary payment on every counter and i can see the possibility that bitcoin can beat the Paypal.

from what I see for now maybe paypal still dominates the market for digital payments because ebay amazon and its own international scale sales companies still use paypal as their payment method, maybe if later big online shops start using btc as their payment tool then paypal will shifted because the cost of btc is more mutually between countries than using paypal, which has to calculate the exchange rates of each country, and I hope that it is quickly implemented so that the cryptocurrency can go even further

Most of the people feel more comfortable when they work with PayPal. The operations there are very fast and safe. Bitcoin is not any kind of a threat to it, for sure.

I hope so now pay pal is a big industry and they are making thousands of orders daily so i can say that if crypto takes the place of pay pal then crypto money will be more famous and many of the big transaction are also make through bitcoin.

I had terrible experience on paypal there security is weak and there customer services are not responding but on bitcoin i believe that it could changes all. Bitcoin is more securitable and fastest transaction and easily to use that would be popular if bitcoin could be implement.

If bitcoin can bring an end to the fiat money then surely it will also be the end of Paypal but already I saw somewhere "Paypal of Crypto currency" :D

But we are no where at ending the paypal because the can process huge transactions at a time but the bitcoin blockchain capable of doing 4 transactions per second.

I don't think Bitcoin is a competitor for them. just the opposite, it seems to me that he can calmly exist and develop with them

i dont think bitcoin can kill off anything related to currency. its a good currency but not killing anything. paypal is a big company. big company don't go just like that.

I don't figure this can happen in light of the fact that too many utilize paypal. Yet, I would be happy if that happens in light of the fact that I don't care for paypal. an appalling help benefit. This could occur if bitcoin exchanges end up more secure and considerably more quicker.

At the moment, bitcoin is not a danger to PayPal, but this does not mean that it will always be so. If that happens, it will be in the distant future.

"End" is a strong word, considering how large of a company PayPal is, but bitcoin is certainly a legitimate threat already, and will only grow in terms of being a threat to payment providers worldwide.

  I think it will take a long time for the Paypal to die, because at present bitcoin is not yet used as an official currency, so many people use btc to convert cash. So when the bitcoin is used as the main currency then the Paypal will be forgotten and I think that will happen.

i think yes because bitcoin is more efficient than paypal its has more positive point
1-freedom
2-No Chargebacks
3-Privacy
4-Versatile
5-Decentralized
6-Less Friction
7-Truly Global
8-More Options and Optional
9-Community Support
10-Lower Fees

PayPal is extremely popular right now, much more than Bitcoin and it's also easy and fast. I don't think Bitcoin will end PayPal.

it is a different things, i dont think that BTC bring an end to PP.

You should not believe and illusions about this comedy, it is impossible in the moment now and forever, Bitcoin will never be able to bring an end to paypal because the popularity and reliability of bitcoin is too small, it can not affect a big king like paypal. In addition to this, paypal is a money transfer service and the currency here is always of a stable value and is recognized by the nation, while bitcoin may transfer money very fast but the value is very unstable, and people do not consider it as currency, there is no reason for it to compare and beat paypal

I don't think bitcoin will overcome paypal, they have their own market's target. Besides, not everyone use both paypal and bitcoin in daily life (including me - i don't have paypal). So i think we don't need to worry about paypal. Bitcoin is much faster in transaction but i think paypal is safer, so both of them are good and they will stay for a long time.

Bitcoin and Paypal are two separate entities so I don't see one replacing the other. Personally, I prefer bitcoin to PayPal any day. PayPal has restricted usage in most parts of the world compared to bitcoin.

I am simply focusing on the past and I expect a growth of one and a half to two times at the moment of halving from what it will be at that moment. Again, this is with normal turnover as now, as it was in 2016, and with this equipment payback, you never know, maybe it will again inflate for a haircut like last year: biggrin: and then there will be nothing: biggrin:

In short, tryndym from despair and from growth expectations ..

PayPal still have an option if they are looking to an end with their business with bitcoin's dominance.

And that is by adopting their competitor, like the saying "if you can't beat them, join them." that's the quote that can be applicable to their business. It's not only about tieding your credit card to any third party but also the fees, confirmation time and convenience.

I dont think so. bitcoin does have a big influence on the world economy and bitcoin is very successful. but that won't end paypal. in my opinion there will still be many people who will still use paypal

Nice catch on this mate though for me nothing will trust that site either the OP because he was just trolling

Paypal ang bitcoin are two different thing and can function without interfering each others so why making some issue about the two

But maybe you are right dude,that OP is retarded lol

This isn't going to happen unless they let it happen.  PayPal is a fiat currency payment gateway. Fiat is government issued/controlled currency... No Government would want to lose control of money..
However PayPal needs Bitcoin/Cryptocurency but Bitcoin don't need PayPal
Maybe PayPal would make its system with most Blockchains interoperable in order to continue to thrive.

Bitcoin is very popular all over the world, other hand PayPal also very popular name on many transfer section. Bitcoin have some quality that make better than PayPal.Bitcoin is border less ,low fees no need to go third party.

I would agree with security, it should be strengthened, for example currently you can set to be asked for 2FA during login but it would be lot more secure to ask for 2FA before any transactions.
Customer service is a mess, but at least there is some customer service, with BTC you have to rely on your own/ community support.

Nope Bitcoin will not end like paypal these two payment methods have big difference cause in paypal you should have take kyc but bitcoin is not and you can really obtain profit in btc but paypal is only an payment method online.

yes, I agree.

I agree with that ascertion but it isnt going to happen over night but certainly, the presence of crypto currencies will surely change the narrative of many payment gateway especially as some of them are largely restricted for example paypal is restricted in many countries so such countries will surely welcome a new option

If I disclose my opinion then I would say PayPal will disappear someday. Gradually bitcoin becoming more popular payment system than PayPal and bitcoin transaction method is a very easy way whereas PayPal has many critical formalities. There are so many users don't like to be part of PayPal for its complexity on the other side bitcoin is much easier than PayPal. So I think bitcoin still have to go long way to remove PayPal but someday seriously it will happen.

Probably it gives it a certain strike and it is surely reasonable because paypal have a lot of questionable features as for me.

I think they can coexist, they can adopt a friendly environment and collaborate together. We already have many ways to turn Bitcoin into fiat through paypal. In short-term period I think it's essential maintain and develop the collaboration with paypal.

But, those countries also doing the same for Bitcoin. They banned Bitcoin for the same reason and they are not feel welcome with those electronic currency like Bitcoin, for some countries swap their currency with Bitcoin is impossible and it's zero chance to make that happen.

PayPal have being a  payment gateway know for online payment for goods and services. Satoshi Nakamoto is done by bringing bitcoin, our duty now is build blockchain platform that will make payments with bitcoin easy and handed. This is the only way PayPal will die.

Anyway, paypal is a transaction tool that has been recognized worldwide for payment systems, while in bitcoin we know it still has high legality, so I think if bitcoin wants to bring an end to paypal it still takes a long time and to realize it is not as easy as turning your palm . There are still a lot of things that bitcoin must do to replace paypal as a tool to transact across continents and countries that are recognized by many worlds.

Maybe. Maybe not. People might end up adopting bitcoin in the future, but this does not mean that it is the end of fiat currency. I am assuming both will prevail side by side. In case of PayPal being replaced as a payment gateway, i doubt that will happen. People does not want to use their creditcards, but they want protection against scams. Bitcoin does not provide that protection, but buy does that. One of the reasons why people might also want to stick with paypal.

I think if they have good partnership, paypal will still be kicking and going strong together with Bitcoin. There would still be choosing to use paypal for some reasons but that will also depends to the users if they prefer Bitcoin as it is way more convenient to use. It could be possible for Bitcoin to eliminate paypal users and will be adopting to Bitcoin. As of now they are both doing good but I myself is a paypal user too however Bitcoin has attracted me a lot.

You know  bitcoin is a life changer if ever this is a primary use to all people no other transaction like Paypal and other money transfer continuously operated in this world all of those current uses will abolished if ever bitcoin is IN to every one of us because this is very usable useful and easy to use with out any 3rd party.

Since the creation of BTC, paypal has been one of the payment methods which is gradually declining. I think in some years to come people will instead be using BTC other than paypal. 

I also see here no reason to think that Bitcoin can easily destroy one of the coolest and the most popular payment systems which are used globally. PayPal will live long.

There is no reason to think that Paypal and Bitcoin can't coexist, they are afterall very similar, and it wouldn't take much modification to incorporate Bitcoin into Paypal as just another currency. I think this is the more likely route we will see.

Well, it's way too soon to ask this question I think. PayPal has been efficiently here for years now, is well set up in many merchant website and also adopted by a lot of users. Bitcoin still is a new guy in the game. Let's wait a couple of years still and we'll be able to answer the question.

but with Paypal you can make a dispute and return your funds from scammer and with Bitcoin you won't have such opportunity.

I think bitcoin will not end the paypal. Although there are some qualities that have the each other, bitcoin cannot be the same as paypal and vice versa. Paypal is more legalize and more accepted by many unlike in bitcoin it is still conquering the approval of the people and the governments. Bitcoin is still keep on pursuing the regular usage and legalizing it.

Pretty as it seems, bitcoin may pose threat to Paypal's dominance in online payment. With bitcoin's success already in the spotlight, i think bitcoin's resumè now is greater than that of the latter and can really surpass Paypal and made it obsolete in the coming years.

In as much as i really don't see bitcoin bringing down other electronic payment system like Paypal down there is that possibility especially if bitcoin transactions is adopted and appreciated by the masses.

Not that really can bitcoin bring paypal down. Bitcoins as a form of money remittance is just a function that even new blockchain is competing with bitcoins and to talk of bitcoin ending paypal seems not possible because paypal has a strong brand to stay on top of money remittance game.

Bitcoin transaction is faster and cheaper compare to paypal and other online gateways,cheap when there is no third party to pay as in the case of paypal. But if as expected bitcoin is adopted universally it will affect the fortune of paypal and all other online payment gateways. The only snag to bitcoin is because it is highly technical as not much people will have the know how to handle bitcoin. But Paypal will update one aspect of their services may be reduction in their service charge to fight back.

Hopefully it will replace it soon enough, all the problems I have had with paypal, and not only me but alot of people is ridiculous, limiting accounts for bad reasons, not letting you to withdraw money for whatever reason, I just hope all the big companies start using bitcoin, and life becomes much more easier.

Maybe, But BCT is not ideal for this task.

There are other projects in the market who has bigger chances to overtake the " crypto Paypal"

UTK is, in my opinion, is the one who is doing it the best way.

https://cryptonews24x7.net/crypto-online-transactions-utrust-wants-to-be-the-paypal-of-crypto/

it can happen, death about payments like paypal etc., because there are too many requirements that must be done to use it. while bitcoin, users can make any payments without rules. most people want freedom in transactions. I understand that paypal rules are for user security, but that also makes it difficult for users, while bitcoin, all are user rights. if bitcoin is officially used. I believe that many payments like paypal, payoneer, skrill, etc. will not last long.

I think the two system is totally different. In Paypal you can just use your email and bank account but in bitcoin or cryptocurrency more complicated. But it is the crypto times and paypal will fade i believe in that too. There are many countries that you can't use Paypal since 2016. Like Turkey and Middle East countries, but you can use cryptocurrency.

I think there is a difference between their services and if bitcoin is going to get even more popular, being a different company I am certain that they will be upgrading their services so as to conform to the current technology or perhaps to surpass whenever possible. People especially in business would never want to just fall and would tend to innovate something for better. So to see the death of Paypal is something quite a bit far from reality.

Many wallets have already adopted such currency as bitcoin, many of the terminal sites can be paid with bitcoin and it horoshi out, and while we have seen the development and purse and Sami currency.

I really doubt it... too many old fogies who will refuse a newfangled payment method. Plus it's too tricky right now to get, use, and protect. But that's just my opinion.

I don't feel like these are relevant. They're not the same.

Bitcoin isn't a competitor of a Paypal. Paypal is not a currency. Paypal would essentially just be an online wallet if they supported Bitcoin, no?

I am sure that soon bitcoin can be used to pay for goods and services around the world, but at the same time I don’t think that other payment systems will disappear. Many people are accustomed to a particular payment system and will not want to change it. At the same time, I am sure that bitcoin will be able to exist without problems with paypal.

Why do you think that Bitcoin mass adaption will bring the death of Paypal? Just like Paypal, Bitcoin at best will just be another mode of payment which even if mass adopted will only be one of the many other options available to man. People even before Bitcoin was invented has been using different modes of payment in which they use depending on the situation, there is no sense of loyalty where they stick to just one kind of payment as it will also depend on what the seller/receiver is accepting.

Most likely, PayPal will adapt to the capabilities of Bitcoin and will offer options for mutual settlements that will be arranged by both the seller and the buyer. For example, if the seller does not accept payments in Bitcoin, but you only have Bitcoin and you do not want to waste time on visiting exchangers.

   History repeating itself is by far the scariest and most certain outcome we could expect. Especially economically. "Would you take some BTC for that loaf of bread sir?"

PayPal is far too embedded into everyday life that it will take a long time before anything replaces it, it would need something catastrophic to happen to PayPal before bitcoin got a look in.

Paypal makes big community and too much popular gateway in freelancing platform so you can not be avoided it. Paypal available in more than 200 countries and 25 currencies supported, it restricted in many countries.

I don't agree, Crypto currencies are more safe and secure since you'll no longer be needing any trusted third party. The technology is more transparent Abd you can publicly audit the transaction, in addition using Crypto would be more simplier than any other form of payment. By using this, you can assure  having high level of swcurity and simplicity. But getting involved in Crypto  demands the consideration of the wallet you are using. I'm now paying interest on a open source multi wallet called "HODLER wallet", it promises amazing feature other wallet could not offer.

I believe that Crypto currencies will be the future and other form of payment will come to an end.

im sure it might happen if bitcoin grow well in the future.
many online bussiness man will move their bussiness to bitcoin technology.
but paypal will still exist if they join/move to blockchain.

Bitcoin will not bring an end to PayPal. They are both alternatives to sending global fund. It gives the users other potions of funds transfer to choose from. uses

From what I know, BItcoin os the most popular in cryptocurrency , they have a big amount of users, but Paypal is so security. IT is hard to say that BITcoin can bring an end to Paypal

High fees which bitcoin transactions have cant rival with PayPal fees.
A lot of people prefer to use "safe" and habitual pay systems for their daily needs despite the fact they are centralized

indeed cryptocurrency technology in my opinion is better than anything, but it would be better when PayPal is able to embrace cryptocurrency and apply payments using altcoin or bitcoin I think it would be far better than ending one party.

PayPal has many users around the world, and many countries ban BTC, so it is difficult for BTC to replace PayPal!
If BTC is accepted by governments around the world, it is only a matter of time to replace PayPal!

Maybe be in the future if that's if bitcoin ever gets a better reliable upgrade ,i can't help but keep thinking how useful it will be if bitcoin surpass the usefulness of PayPal someday ,but who knows ?can't wait to see what will happen in the next 5years to come

The only hindrance $Bitcoin is having now is the knocks from governments, bankers and politicians! $Bitcoin has already proven that it can do better than paypal and the likes! Its even convenient to make payments using $Bitcoin than Paypal! If $Bitcoin can get the acceptability and adoptability that fiat gets, then the sky is its starting poing! As for replacing Paypal, It has already but the generality of Businesses need to accept it as a means of payment then paypal would be history.

No. Even bitcoin needs payment processors for certain things and sometimes that's a good thing as at least they usually offer you some protection against fraud or scammers. Also, if bitcoin did become dominant or even just much more popular PayPal would just adopt it and become something like Bitpay.


The only hindrance isn't governments and politicians. What about fluctuations? Paypal has faults but so does bitcoin but fiat is still going to remain the dominant force for day to day transactions until volatility is stabilized but that might never happen.

This will not happen. Bitcoin is not a threat to paypal. At the present time paypal users are widely distributed and are present all over the world, it is unlike bitcoin restricted in some countries. in the future i think maybe paypal can accept bitcoin Just like banks accept bitcoin.

I don't think so, we know that the average forex user is still using it, and in Forex alone BTC and ETH are also trading options there. so I conclude that paypal will survive.

I don't think so, because until now paypal is still a trusted transaction tool worldwide in the field of internet. I think bitcoin can be the next option in terms of transactions but even then if the value becomes stable

For majority of people in the world to change there transactions from fiat to bitcoin might take some time because bitcoin and blockchain technology still are new concepts to the world so until bitcoin becomes more expanded and usable through adoption most people will believe and use paypal because still it provide good security but in the future definitely bitcoin network will become a real competitor to paypal and other relevant options in the world

Actually paypal is also a great platform of transaction that's why its not easy to end.Bitcoin has shined by its own features. Paypal has no option like what bitcoin have. You can use btc in various field and also can earn from differen ways. On the other hand you can use paypal for transactions only.  So that bitcoin become popular than all other transactions system.

never as long as bitcoin is not accepted throughout the world, if bitcoin is legalized and accepted throughout the world as a currency option it can become a reality. but the fact is, that bitcoin is only accepted in developed countries and paypal is currently the number one transaction tool in the world's most trusted.

That is the main backpoint for Bitcoin that in many country it is not legalised which is keeping bitcoin reaching away from common people. Paypal is popular because it is centralised exchange and any security agency or legal company can access your records without permission of the users. Which is why paypal is legal to use in all country. But for bitcoin it is not possible but they are trying to regulate and use it.

Of course Paypal customer base is very large and it is very expanded in the world as a secure payment method but with bitcoin advantages like low fees for payments or transactions, security, convenience and other many benefits it is becoming very popular and that is the reason it will be able to pass paypal payment system in the near future  

That can hardly be realized, because Paypal also has some advantages that digital money can not have. Be supported and assured with the US dollar

At the moment, PayPal doesn't use Bitcoin. But utimately, PayPal will make peace with bitcoin or die.

but it could be for the future paypal will be rivaled by bitcoin and bitcoin as a transaction tool for the future. and will continue to grow from year to year.

Bitcoins is proving very popular when it comes to Africa in terms of payment systems because using PayPal in Africa has a lot of restrictions compared to those in the USA. So in Africa Bitcoin has overthrown PayPal.

I doubt Bitcoin could destroy Paypal in the foreseeable future. No other payment gateway has such a security and customer protection system as Paypal has. Bitcoin should be further updated to get closer to PayPal in this direction.

Absolutely right because Bitcoin is much different from paypal for now because Bitcoin is not accepted by all countries in the world but paypal has been used by other countries.

yeah, but I don't think that's sure. paypal is a giant company on the internet, and of course it's not easy to roll. well, even though in some places bitcoin already has a higher popularity compared to paypal, but I don't think paypal will stay quiet.

Lol. You genuinely believe that PayPal will die if they don't accept bitcoin? I'd be willing to bet PayPal will likely be around a lot longer than bitcoin (or continue to exist along side it at best). We're always going to need payment processors like PayPal and even bitcoin needs them especially if it's to grow to be a mainstream payment system adopted by the masses. True, bitcoin can operate without them but consumers and the general public will require a little protection for their transactions.

isn't up to now paypal is still used by some people to be used as a means for digital financial transactions?
bitcoin won't be as bad as you imagine, this crypto currency has a very large community. so bitcoin can continue to survive as long as the crypto currency community stays alive and thrives

I doubt because paypal is very reliable in every transaction, but bitcoin also has advantages that are different from paypal, namely to anonymity. maybe in the near future bitcoin will not be able to beat paypal but if the value of bitcoin can be more stable I believe bitcoin can be the next option in terms of transactions

I do not think that we can completely replace modern payment systems with bitcoin. In addition, not all people still trust cryptocurrency and no one knows how soon it will happen. Therefore, it is too early to talk about the end of Paypal and other similar systems.

Even if the complete replacement will happen, it will happen very soon. Cryptocurrency is only at the stage of adoption and not all people are ready to exchange ordinary national money and usual payment systems for unstable bitcoin.

I don't think so. Paypal still popular and useful. i think they will exist parallel with the other
 

Paypal is a large international company. And bitcoin today is only a developing currency, which still has a long thorny path of development as a means of payment. Then Paypal will not disappear very soon, and it seems to me that this will not happen at all, and It will coexist with bitcoin.

I think bitcoin will remain side by side with paypal, because at certain times people have different ways of using it. but bitcoin can dominate for the future

sooner or later PayPal will accept bitcoin as mode of payment so both work in relation towards better payment system win-win situation

I'm agree with it. Although bitcoin is a digital currency that is very well known, it has nothing compared to paypal. Paypal hava become a verified and secure payment system from a long time ago, moreover people use paypal more than bitcoin because paypal payment method has reached almost all online markets.

Most people are still not ready to accept Bitcoin as a means of payment, and that's sad, but I think that this picture will change soon.

Although nothing is impossible. But bitcoin bringing an end to paypal is unrealistic. i don't think it will happen.

I think Paypal is an old system and Bitcoin is a new system for money transfer and bitcoin is working 24 hours and we can use bitcoin for money transfers faster and cheaper than Paypal. I think Paypal will not be alive in the future and we will use only bitcoin and other cryptocurrencies.

Now just a lot of people who do not understand what it is, but rowing out of the herd feeling, thinking that it will grow endlessly, and udmayu will say well, joined the topic of bitcoin.

Actually, I don't think so it can happen! Bitcoin is the most popular digital currency no doubt, But still lots of people can't make Bitcoin transactions. Paypal is a worldwide popular payment method! In every sector, People use Paypal for making their payments! I don't think Bitcoin can replace it! Bitcoin is a volatile, anytime price can huge down, transaction speeds are not good enough! So, My answer is No here.

Paypal is one of the oldest payments method which people really trust. I don't think bitcoin can bring an end to Paypal because its also reliable.

Paypal is integrated with Fiat. although it looks outdated, but they are one of the pioneers of internet transaction media for global finance, Peter Thiel is even an optimistic person with the development of bitcoin, if bitcoin is legalized then I'm sure paypal will use blockchain in their system input.

The difference between media transactions and currencies will be more advanced and competent collaborations, they will not overthrow each other.

PayPal can not compete with bitcoin if some company issuing bitcoin debit card. Bitcoin have more stronger system because it can use anywhere and its more easy. Beside that, transaction fee more lower. But I am believe as big company, PayPal will adopting bitcoin and take advantages from bitcoin if mass adoption happen

No because some companies (take freelance companies for example), only support PayPal for payments — unless all of them turn toward crypto it isn't possible.

On many forums, people sell PayPal money for cryptos and viceversa. They will continue to operate in their own ways.

I am not sure, but the Paypal user-base is expanding at a brisk pace. During the past few years, they have expanded quite a lot in India. Paypal in India is now giving tough competition to PayTM and Amazon Pay.

I agree on what you say since paypal is so long in the world people and other companies are used to have it and also they have strong investors and stake holders I think they can't be easily end

Paypal and the bitcoin totaly different kind of payment system. And also in last 2 years there are many countries banned the Paypal. Bitcoin has just borned and growing but the Paypal is dying.. Also you have to give your name, addressi credit card etc. with paypal but with yhe bitcoin or cryptos you can stay anonymous, and that is way better.

I don't think this will ever happen. PayPal is like a online bank which is regulated by the government or you can say the banks. So I have a question on that. Do you think banks will also be dead like PayPal?? I don't think so. Bank will never be dead. As long as the banks are alive so the PayPal will be. Bitcoin can reduce the banking transactions but can not kill it.

I think it won't. They are not competing as they offer different approaches. Still, we can compare them sand say that Bitcoin transactions are convenient but not so fast at this stage of development in comparison with Paypal. Bitcoin has to solve the issue with scalability to become massively used.

I don't think bitcoin would replace PayPal anytime soon, I believe bitcoin is doing amazing well, I think bitcoin and PayPal can coexist as methods of payment. Personally I prefer bitcoin to PayPal since bitcoin is widely accepted in many parts of the world.

Bitcoin can be used quite commonly in online payments on this forum or some other website, but it is not accepted and supported by banks. In contrast, Paypal is recognized by many banks and supported in exchange, so Bitcoin cannot destroy Paypal.

I think the convenience and speed of crypto transactions will bring an end to Paypal once security measures and user-friendliness improves. Paypal is secure and convenient but it has its downsides-it can freeze payments, sometimes up to 21 days.. >:(

Have you guys seen the promotional offers Paypal giving away in some countries now..? They know that they are having a competition which sooner or later they will loose, they already started acting like a wallet service from payment gateway.

I think the bitcoin can push to death paypal but it is a struggle will take long time by the users that, wait until paypal hard enough giants are too long, but can happen out. Wait until bitcoin to paypal.

I don't think bitcoin would be able to replace what paypal can do at the moment. The volume of transactions that the blockchain of bitcoin can process is still limited that's why if there are too many people who would be using it then it would take a long time for one to complete its transactions.

Aside from that, merchants still are not confident with bitcoin adopting it as payment option due to the fact that its price is fluctuating so there is a possibility for them to lose instead of gain from their business because most probably, they would still use fiat in their other transactions.

Yes I believe that bitcoin end paypal soon, it is not because of the market now we judge bitcoin according to this but we can see soon that it will be done. I believe crypto is the next money.

In fact, with the ease and security of bitcoin, it is not wrong that all of them will turn to bicoin because of these things, but it will probably happen in the next few years.

I think that PayPal and Bitcoin will exist in parallel. These two types of payments function in different ways. There are people to whom the functionality of PayPal is more suitable than Bitcoin. In any case, it is still too early to talk about the disappearance of PayPal.

Nope, BTC is a currency and Paypal is a payment processor, we can't compare these two.

If paypal thinks bitcoin would be harmful to itself, they create a cryptocurrency and adapt the system.

I don't think right now there is such a problem for them.

I think in the near future but as of right now some of people buying or investing in crypto using paypal and credit card

I think Bitcoin can not completely replace paypal, we still have to deal with small transactions that have too much transaction fees, and no country or country accepts a bitcoin for payment.

When ? Until now paypal remains a trusted tool in every online transaction.
bitcoin can be another option from online transaction tools, but now it's not really comprehensive because we all know its value is difficult to regulate.

When the adoption of bitcoin becomes worldwide and usage surging, surely Paypal and some other online payment gateways will be affected. If not for any other thing the service charge which is the payment for the P2P service will be saved by both transacting parties. The only down side for the bitcoin is the in ability of most would be users to understand the technicality of bitcoin and the operations. But all those who has a good grip of bitcoin will definitely abandon paypal and the other online payments outlets. But they will not fold their hands and allow their business to fold they are likely fight back by improving their services and reduced the service charge.

Not in the near future. PayPal has been a well-established website and many people still use it despite its flaws. Besides, PayPal and Bitcoin are different from each other. PayPal is a payment method, whereas bitcoin is a virtual currency. Perhaps it's more appropriate to compare it with blockchain, but not with bitcoin.

Maybe not Bitcoin, but some other cryptos could do that (with very low transfer fees and almost instant transaction time) at some moment. For now, the main drawback of cryptocurrencies to be used as a payment method is their volatility.

Paypal has some unique strengths that Crypto does not yet have, Paypal will be replaced if Bitcoin and altcoin get the specifications.

It is true that bitcoin is popular and more people are adopting to it but still, paypal as a way of payment online I believe cannot be replaced by bitcoin. First not all have visa credit card so they use paypal second not all have bitcoins so still paypal is an option. Third, not all accepts bitcoin or cryptocurrency as payment so paypal is still preferable.

i think bitcoin will not bring end to paypal.
bitcoin is a crypto currency and paypal is an e wallet service provider and payment provider.
both are different but paypal can use bitcoin in future.

I don't think so. Bitcoin is being popular over the world, but PayPal already a popular payment method in every big e-commerce websites or others payment section. Paypal is not volatile like bitcoin, Bitcoin won't overcome the PayPal value with this volatility! Do we really need to overcome PayPal? No, Rather we should Keep supporting Bitcoin and Paypal both!

Not only bitcoin, but the entire cryptocurrency, are racing to achieve the elusive adoption that will propel them to the top and bring a successful financial transaction system. So far, it is far from perfection. So, bitcoin won't bring an end to PayPal may be for the next 5 years.

This comparison is very far in value. until now we know that Paypal is better than Bitcoin, except in terms of fees. But in my opinion it's still worth it. they have prices like that because they have quality. People will not pay for the brand, they will only pay because of the quality of services offered

but all cryptocurrencies can't refund your payment as Paypal do in a case of fraud vendors. for example, how can you get back your money with bitcoin or litecoin?

I believe if Bitcoin is approved and used globally with banks, Paypal and debit cards will become useless and no longer needed. But it is difficult to accept this as the government regulates the economic market through banks.

To invest in Bitcoin itself is only to support the team of developers of the core and interfaces with money. How to invest in the dollar? Donati fed on new features unless... In the dollar it is possible to try to remain as dollar it is possible to speculate. Similarly with bitcoins.

I think it is not. Bitcoin and Paypal could work together to be the end-to-end payment system, Bitcoin could be acquired by purchasing thru the use of Paypal and Paypal could be funded using Bitcoin. Paypal will not die just because of Bitcoin, it is already here and it would stay here even with Bitcoin around.

Exceptional opinion, I don't understand why OP connects and compares bitcoin and Paypal, aren't they different? bitcoin will not end like Paypal.

bitcoin has better technology than Paypal. and bitcoin is also a long-term investment asset

I think that maybe that could happen, if the development of bitcoin gets better. of course the bank will accept bitcoin to deposit and withdraw, if the request from the bank user himself wants it? and of course you will easily use bitcoin to shop, with many bitcoin facilities, I'm sure paypal is increasingly left behind by its users

I would not agree. I mean, we can see it as just another medium of payment. PayPal is mostly focused as a means of payment for people who purchased something online. It can also even be viewed as a money transfer mechanism where people can send money from one place to another. However, it can't be said to be an investment medium just like cryptocurrencies are that can be similarly compared to the stock market. You can't put some money in PayPal without such purpose of either as payment or money being sent. So, I wouldn't think that the two thing would clash.

Paypal is very convenient and reliable payment system ! I personally used it and returned the money from the financial pyramids ! Bitcoin will not be able to do this ! There are pros and cons but I believe that it will make Paypal better !

If Bitcoin is globally accepted, this is possible. Because of Blockchain's technology and Bitcoin's speed, security and convenience are different from bank and paypal which Paypal is ended.

I don't think Bitcoin will kill such payment gateways. Most likely, such projects simply implement their blockchain ecosystem.

Bitcoin is a currency and Paypal a payments processor. It's even more than a payment processor, search for "Paypal lab" It has some innovations there, and Paypal also owns few others companies. And since you compared BYC/Paypal: in terms of speed Paypal is the winner,security Paypal has nothing to be ashamed of, convenience Paypal is easier to use and used than BTC.

I think that it is not yet very correct to compare these two assets. After all, Bitcoin is already actively used in calculations in a number of countries.

PayPal is purely for a transaction, and Bitcoin nowadays is mostly used as an investment. Transactions via Bitcoin is not in that much volume that it can end PayPal. Moreover, BTC is sometimes too volatile and the fees also get higher, so people will be skeptical at points and rather they would like to use PayPal, which supports payment via Credit Card as well and direct payments and instant as well.

Wences Casares, CEO of Xapo cryptocurrency wallet and a member of the board of directors of PayPal, made a forecast about the cost of bitcoin in the next decade at the conference Consensus 2017, held recently in New York.

In his speech, Kazares noted that “the Internet does not have its own currency and it desperately needs it,” meaning bitcoin under this currency.

“The biggest mistake will be to buy more cryptocurrencies than you can afford to lose. It will also be a huge mistake not to buy Bitcoin at all, ”he told the audience. “Put 1% of your fortune in bitcoins and forget about it for 10 years.”

His speech also included a forecast of the cost of Bitcoin, namely, that it will reach $ 1 million in less than 10 years.

Kazares has been a technical business for a long time. As the founder of the first internet provider in Argentina, he became one of the earliest adherents of Bitcoin. Before creating the Xapo cryptocurrency wallet, he founded a retail bank in Brazil. In early 2016, Kazares joined the PayPal board of directors, and the company in turn called it “the recognized leader in the field of cryptocurrency payments”.

i dont believe that bitcoin will end paypal and other modes of payment but rather co exist. bitcoin and other cryptocurrencies will become an option to the current mode of payment system.

Pretty positive idea.
Very difficult to implement, since paypal will be against it.
But the idea is really good, safety first.

Paypal will certainly not be replaced by bitcoin. Maybe paypal will eventually start accepting and to use crypto and bitcoins as well. Paypal and banks will certainly stay with us for a long time to come.

I do not think so, one of reasons people love paypal has to do with the ability to get some buyers protection, that way if the product that you ordered is not what you were expecting you can get your money back and as we know unless you are using an escrow this is not possible to do with cryptocurrencies, so if people used crypto instead of paypal there will be millions of scams.

it seems that it will not be possible, although maybe bitcoin will rival Paypal, in terms of regulation and system, bitcoin is still far compared to PayPal for now.

new applications on bitcoin will compete with it and possibly supplant it. but this is not the main thing, the main thing is that we will be able to use any opportunities acceptable to us and quickly make payments.

Exchanges by means of Bitcoin isn't in that much volume that it can end PayPal, I for one utilized it and restored the cash from the monetary pyramids PayPal is only for an exchange, and Bitcoin these days is generally utilized as a venture

No, I think that non-cash forms of payment, on the contrary, will only develop. Most likely, Bitcoin will also be served with bank cards and in my country it is already practiced. Bitcoin can be transferred to such a card, but it is no longer possible to withdraw it from the card. The card shows the amount in Bitcoin, although in fact it is displayed immediately by the bank. At any time, the duration of Bitcoin can be converted to another currency directly on the card and make a purchase. In principle, it is quite convenient.

not
I think Paypal is also still safe to use to save money and also to do online transactions. although bitcoin is faster, paypal is an official online transaction tool accepted by all countries.

No, I think they will take the initiative, to integrate it into their services, and at the same time, PayPal will facilitate bitcoin users in their transactions, both for those who will buy or sell. So, what is needed by the user is complete. And I think this is very good for the development of bitcoin at a later stage.

Most online users have had problems with PayPal or other digital payment systems. Imagine that you are trying to withdraw money that someone has sent you, and discover you have been blocked from that service without knowing the reason. Bitcoin the first Blockchain-based billing platform, Intended to replace PayPal into a more complete transaction.

in my opinion the paypal system adopts bitcoin with a system that is easy to practice and fast and it is also possible that bitcoin will run together in a system and bring success of course

I don't believe so - Paypal and Bitcoin, currently, are marketed at 2 different groups of people and offer two 'different' purposes. Maybe, in time, they will bump into each other and perhaps one take over the other but, the for the time being, I don't believe that Bitcoin will spell the end for Paypal

Although PayPal functions are unique in the early days of the world economy, moving to new and better platforms. What do you think if we combine Crypto + PayPal? It will provide a complete buyer protection policy, unlike the PayPal market. By providing safeguards, buyers can use a more secure algorithm and bring more customers to the market.

I do not think Bitcoin will replace Paypal either. At the very beginning I thought this could happen ... but in time I started to realize that normal people will always see Bitcoin more like an investment than a payment system.
Why would normal people go through all the hassle of buying and storing Bitcoin and than spend it quickly with no benefit at all? (or even at a loss)
The same properties that are making Bitcoin interesting as an investment are the same one that makes it very hard to spend, I am thinking about scarcity and volatility.
And, as already said here, Paypal can offer some more service to the sellers/buyers that you will not find in Bitcoin.

It is not impossible though, but to do that buyers will need to have an incentive in order to spend Bitcoin; a big discount, a cashback or something on that line might do the trick.

I don't know about it, but surely paypal or bitcoin certainly have a different purpose we will see it later because for this one thing we can't predict

I don't think PayPal can be extincted by Btc. The fact is that all this payment system have their loyalties and serve different seemingly almost same problems. So we will keep using both the better one wins the battle. Most existing innovations go to extinction because they refused to change to current waves of technology and innovations.  So anyone that  makes this move will definetly remain valid.

no one can predict it, because bitcoin is still separated from the government. while paypal still follows government regulations for security. it's just that Bitcoin is indeed better for payments and transfers with unlimited value. so bitcoin is better now.

I think that not only Pay Pal, but also other payment systems. As soon as BTC is officially accepted, people will forget about such methods of translation. After all, all these systems are ordinary intermediaries, receiving our money with you, in fact, for nothing. The very meaning of the blockchain is to remove such intermediaries. We will be able to transfer directly any amount, giving the commission to the designers a few pennies as a reward for confirming the fact of our transfer.

can anyone strengthen your argument? I think it's ridiculous
however paypal is the most trusted transaction tool today. if to beat paypal it is far from possible. how can it be, because we know bitcoin is an unruly value.

I don't think paypal can ended by bitcoin, but both can work together for easy and smart exchange to the bank money, in other word paypal will never end because bitcoin

i think bitcoin will not kill paypal because there are still many people who don't like bitcoin because of the fluctuation value, so they still make PayPal for their transaction

paypal maybe trusted but that isnt enough for it to become the best . bitcoin on the other hand is now slowly becoming popular and already gaining its trust from the public plus bitcoin is also more easier to use than paypal because it does not requires any hassel such as opening a bank account in order to recieve money from someone else . other good feature that will beat paypal is that bitcoin is anonymous and does not show any of your information online .

I really not thought about it but yes it could be possible once bitcoin explore to its full potential that time PayPal will vanish completely

Absolutely no since paypal has much more restrictions and security where bitcoin has no restrictions even this is not a company where paypal is a company so in short it's not possible.

BTC can work yes agree with paypal for exchange and this has been done by large wallets that are similar to paypal,they have made it easier to exchange from BTC pair to digital fiat and it has long been applied.Its true that paypal still exists to shop but few now use the service.

the fact that until now paypal is still used and I also use paypal
I prefer both. although there are functional differences fundamentally, but the advantages of bitcoin can be more confidentially

I think other payment like paypal will be here to stay, and bitcoin will be just added since paypal here for a long time
or maybe they will join forces , we dont know what will be , on the future , but, hey lets just get a lot of coins,
and  keep it, im sure will benefit on that

this is what has become my mind all this time, for some reason I hope btc can replace paypal rather than fiat money because in my opinion it is like that should be because paypal is a digital payment of fiat money, which is used almost in large online stores in the world, and if btc can replace paypal I will be very happy because it is more anonymous and where it does not require a vcc or credit card like paypal which has a large interest so it is less likely to add someone's debt.

To be optimist bitcoin will take time to get the place of pay pal and i think that pay pal users will still use pay pal with out the crypto involvement and it is true that pay pal has many customers in the world and still now in the crypto presence the people buying are through pay pal and not through any other payment method but some of the users are using both and crypto is also a good payment mode and it is easy fast and secure form of money every where with you.

Nobody can predict that later bitcoin will become one of the official payment instruments for every country, but in my opinion Paypal is still a favorite for some people.

Yeah, it really could be. But not for todays time. I think it would be likemarketing war betweet users both of payment systems.
But i believe in Bitcoin!

No I think there are way too many people who uses PayPal. At least in the next years it won't happen because there's no base for that.

I am sure that these two projects do not interfere with each other and can exist in a parallel way and develop

Bitcoin and Paypal are two separate entities so I don't see one replacing the other. Personally, I prefer bitcoin to PayPal any day. PayPal has restricted usage in most parts of the world compared to bitcoin. PayPal still have an option if they are looking to an end with their business with bitcoin's dominance.Bitcoin is very popular all over the world, other hand PayPal also very popular name on many transfer section. Bitcoin have some quality that make better than PayPal.Bitcoin is border less ,low fees no need to go third party.

Probably. Given that bitcoins may develop further and become greater than what it is now, then we may witness the end of paypal and other systems. That's how much bitcoins can develop in an instant that the problems or downsides of it are solved which I guess will eventually happen.

PayPal and bitcoin is difference, PayPal is depend on the USD value, and bitcoin is not depend  with USD value, so it is totally different,if you want to to compare bitcoin lets compare with the stand-alone digital currency like bitcoin

large companies such as paypal can not simply displaced. i would not be surprised if paypal would eventually use bitcoin or even start its own blockchain. either way, many companies will find their own way to use the blockchain and not to be displaced by it.

There's no way Bitcoin would be the demise of Paypal or other gateway for money. Sure they might fall someday, but that's not the the fault of Bitcoin. Those two are different in their own way. Bitcoin is decentralized, while Paypal is. They are both use in transacting but in different way.

Not today unfortunately, as there are lots of factors which we cannot avoid.

Still, I hope that eventually this could happen, as PayPal is obviously less economically effective, compared to Bitcoin (yes, I mean it, and that's provable).

paypal is one part of our life , so even the development of bitcoin they cannot replace  for paypal .PayPal is currently a payment engine accepted by 218 million active users and 17 million merchants.

Yeah that right, until now PayPal still used but I think in the future PayPal not to be used again, because the people will using Bitcoin replace PayPal for payments in their lives. I believe it's will become happen in the future. The advantage of Bitcoin is more than PayPal.  

Yeah I think that could happen. cooperation between paypal and bitcoin. of course it will benefit for bot but paypal seems to be reluctant to do that. because their developers still see bitcoin as a threat and that is true. Paypal usage is decreasing because many of them turn to bitcoin

No, mate Paypal is not a currency but only a payment method where bitcoin is a currency which is popular among the users. Investors may buy bitcoin by using PayPal, in fact, both usages are not similar. In the market, bitcoin is much popular and easy system than PayPal and have huge investors there for bitcoin.

in my opinion paypal will not die by bitcoin because paypal has been operating for a long time compared to bitcoin besides that the fluctuating bitcoin price can be beneficial and detrimental to the holder

What stops paypal from accepting BTC? Other than that, I don't think it will replace paypal – both have entirely different goals. BTC is a currency while paypal is a payments processor.

The popularity of Bitcoin is on the rise, Blockchain technology can overcome the problems PayPal encountered but the level of acceptance is still limited. To overcome its rival Bitcoin must persuade online entrepreneurs to accept it as a payment method.

I don't think Paypal will die if Paypal will work with Bitcoin. I mean, Paypal has a function that is almost the same as a Bitcoin wallet. That is saving money balances and can send and receive money to another account. Bitcoin wallets are also similar. They can save, send and receive Bitcoin. If Paypal can also store and accept Bitcoin in it, then Paypal will not die.

I think that bitcoin is the one which is complete but we can not say that it will take the place of pay pal and it is the users will that which method they want to use for transaction like we can not eliminate fiat from the world but  for some people it is the mode of payment for them and beside all the methods bitcoin is rising among the online users for their daily use transaction so i prefer this too.

I don't think so because Paypal is following according rules and regulation of the different countries, Bitcoin is not exchange or any other dominant currency to defeat the paypal. So it is impossible for Bitcoin to end the payment system of Paypal.

In my opinion Bitcoin will definitely affect business of all online payment systems, personally I never used Paypal, Skrill, Neteller after I am use to bitcoin.
It is very difficult to say that all these payment systems will die after Bitcoin becomes more popular as security in these payment systems are of higher level, there are very low chances of hacking these wallets, that does not mean that blockchain is of low security but people are not use to it so sometime they make mistakes and invite hackers to hack their wallets. Bitcoin in comparison to other payment systems is cheap and fast.

Maybe in future but no any chance at the present time because Paypal is trusted by Worldwide when Bitcoin is not trusted worldwide

I hope so, I just can't stand charge back.

I think this is very unlikely. PAYPAL has a large number of users, safe and legitimate.
And The main reason you’ll probably lose less money through PayPal is because your funds are only converted once. For example, dollars are immediately converted to euros.
With bitcoins, your funds are converted twice. In other words, you have to convert dollars to bitcoins and then convert bitcoins to euros. If you want to use bitcoins, take a good look at the exchange rate you’re getting — it could make a bitcoin transfer cheaper than using PayPal.

as it stands now bitcoin has no viable means to transfer funds from bitcoin to dollars around the world where PayPal has means to .

For about ten years I have been shopping on the Internet, including from abroad, but I have never used Paypal. I use bitcoin almost every day.

While bitcoin can be used for transactions without external service providers like Paypal, it is necessary for bitcoin to gain more acceptance from financial actors. Also, Paypal may obtain many advantages by accepting bitcoin as a currency. I think, paypal is not a rival of bitcoin, vice versa. Because bitcoin is a method and paypal is a service provider for transactions. Although Paypal is working as a bank, its ways used to make business is far from banks and it is more informal. Thus, its tendency to accept and use bitcoin as a currency is more likely.

Non-cash bank forms of payment are very convenient and their types and services for them only continue to develop successfully. Cryptocurrency will not have a serious negative impact on the development of non-cash forms of payment. Cash, non-cash money and cryptocurrency will continue to walk simultaneously with each other and no one will replace anyone.

It could.
But I guess it will take time. There is a lot opposition to cryptos from central financial authorities. Moreover, people are quite skeptical about cryptos. This creates problem when it comes to adoption aspect. Adoption is the most important thing if you are even thinking of surpassing paypal.

Both are different in nature bro. Bitcoin is a digital currency and PayPal is an only payment service. Though bitcoin can be used for payment there are a lot of distinguishing between them. If bitcoin bring end PayPal I won't have any problem I hate PayPal formalities. But it will take a long time because PayPal also belong to lots of users.

I think no, until the people will still use fiat money and money will not be replaced by crypto coins, people will still use paypal and others bitcoin and some of them both.

That would be practically impossible and it would be a third world war. There are still people who do not know what bitcoin is, or the cryptocurrency, until it does not take long, we will not have that luxury. If paypal accepted bitcoin wallet as payment, things would change anyway.

The biggest difference is that bitcoin is not just a payment system that is at war with paypal, bitcoin is a lot more than that, and so it seems likely to me that eventually bitcoin could become the preferred form of payment over the internet, but for that we will need the lightning network to be fully functional something that has not happened yet.

I think the death of those apps are not very hard because the soutions that they do provide now are not very high in value such as it past where everyone was afraid to shop from internet. And yeah btc solves a bigger problem than they are solving

I still do paypal and I still want it to exist, because there are transactions online that are suited for paypal users, like you are going to transact to people you don't know and there are online stores that only caters to paypal users because paypal tos is suited to their needs.

For me not coz Paypal and other forms of payments system have already their own market users which suit their needs.Bitcoin is nice and friendly for users.They can be both good alternatives for those who haven't.try using it.Ongoing users have many options for the security of their money.Adaptation of bitcoin is really one of good actions to do.

For now paypal is still preferred because many online merchants accept payment by paypal and other facilities that make paypal popular. but when acceptance of bitcoin is the same as paypal that it is accepted everywhere. I'm believe the use of paypal will decrease. because in my opinion bitcoin has more great facilities than paypal

Paypal has been operating long before Bitcoin and has got the accreditation of most banks across the globe. However, Bitcoin offers significant features and benefits which Paypal do not offer. Bitcoin allows to purchase items as well as to earn for holding for some time. Bitcoin will only get to displace Paypal completely when it is accepted by the most of the governments.

You are right. We could see a kind of transformation of PayPal approach, accepting and storing Bitcoin. But I think that PayPal will be the same for a while, perhaps many years due to its strong name which does not need to be associated with the term Bitcoin. This is a interesting topic, because we really dont know what could happen to change the things overnight.

You guys didn't understand well, Paypal is using fiat money and this type of cash is not volatile like Crypto Currencies and do you think that most of the merchants all around the world would like a very volatile money that can crash anytime? ??? Paypal is used by a lot of stores in the world and it already established its name and status in the industry. You people always think that someday Bitcoin will replace the paper money that we are using and that's kinda insane for a person that possesses a normal or an average brain. Stop your delusions of comparing paper money and Crypto Currencies because this two kinds of cash and digital cash are different from each other and both have upsides and downsides.
Even with the mass adoption of Bitcoin will occur Paypal will never be gone and it will continue or accept Crypto Currencies too. And one more thing, not every people are given the privilege to use a Crypto Currency because this is not a physical object and to be able to use or possess it you'll need a smartphone or a personal computer/laptop and of course the internet is also needed to perform a transaction and we all know that there are people that don't have the ability to possess and use these kinds of stuff. 8)

I think its really in ebay and amazons hands right now. As soon as they take bitcoin its over for them.

Actually we can't really tell. Some people uses bitcoin as a mode of payment now a days. Yet paypal is most commonly used by now and its is already established before bitcoin came in.

I think not. Bitcoin and paypal will never replace each other but they will help each other grow. As we all know that many apps right now requires paypal as payment method. It is also the same with paypal. So as long as there are plenty of transaction process through paypal and bitcoin then they will both be productive.

Bitcoin and Paypal are quite different. I wouldn't compare them. Anyways, with time most of the payment systems will die or will be replaced with newer ones. Technology is moving forward and if some payment systems can't manage to pace with time - they will extinct.

Bitcoin has ages to go before it can even think about replacing PayPal. Here in India, Bitcoin is almost banned and at the same time PayPal is expanding its operations at a brisk pace.

At one point there might be a simular platform that offers secure payments and insurance behind those transactions, but as for now Paypal is here to stay.

If you however do look at the beginning years and steps of paypal, you'll see that it resembles bitcoin in many ways, so who knows :-)

Paypal is having hundreds of millions of users and they have the capability to process hundreds of millions of transactions every hour. Unfortunately Bitcoin is not in a position to overtake such a giant right now.

I think this possible that bitcoin can bring an end to PayPal. Although this will take a little more time because PayPal is still more accepted by a lot of persons. The charges and restrictions of PayPal are high though, so bitcoin can bring an end to PayPal.

Paypal is more stablished and secure I don’t think that bitcoin will let this end.maybe they will both serve people in two different ways.but enough for satisfaction in the future.
Yeah bitcoin is far behind paypal in terms of supporters since this payment method has being used from almost the US citizens and other country as well,while bitcoin is popular for profitable site that's why they are different

Bitcoin has achieved a lot since its inception and possess all the capabilities of displaces Paypal because it also offers investment opportunity for its users which is not seen with Paypal. Bitcoin is not yet ready to displace Paypal because Paypal has got the acceptance of banks in several places. Bitcoin can reach its full capabilities of displacing Paypal when the governments accept it.

Paypal is surely affected due to P2P payments like bitcoins. But they are so giant that they will modify themselves to adopt the market needs.

At the moment theres a big difference using paypal and bitcoin as a payment option first all paypal supported by many banks because its one of the most used payment medium worldwide trusted by online stores, freelancers and big e-commerce platforms it will take a long time before bitcoin will kill Paypal it can happen in the future who knows its really possible.

the thing that I least want to do is connect the credit card into paypal, it sucks in my opinion, sometimes I remember the past where everyone wanted to find income from an online business but at that time only paypal was used and it was very difficult for people who don't have a credit card, at least bitcoin is so much better that I am very excited about promoting bitcoin so that one day my hopes will be reached later where any payment is much easier to use bitcoin and at least I can do business online

It is possible to end paypal after a long years if bitcoin gets to be more popular and usable in the future, cause crypto could be our basic online payment if we want to purchase something in online much easy and quick transaction.

Blockchain and bitcoin are doing well with their operations. With bitcoin transactions are fast, secured and reliable. However, paypal,the pioneer is the ultimate edition and will be difficult to eliminate. I think both media for money transfer will continue to exist.

I do not think that can happen, or it will have to wait a long time for that to happen. I think Bitcoin was born to bring transparency and security in the transaction, but it still has a lot of problems. Why do we keep thinking Bitcoin will destroy Paypal, it simply creates more choices for us!

I know what you feel bro. I also had an issue to verify my paypal as i didn't have credit card. With bitcoin, the transaction is p2p without the need of verification. Bitcoin is superior to paypal on this. Because of bitcoin, i'm able to buy things online and pay for online service. I really hope there will be more and more merchant that accept bitcoin and also the other cryptos.

I don't think that will happen in the near future. Paypal is one of the economic strengths in the world today and for me Paypal still has many users. With various partnerships made by paypal with various important sectors, it has been proven that paypal has gained trust. But everything can happen, now Bitcoin is becoming a prima donna and has a very broad market share. If PayPal requires registration with a credit card, Bitcoin offers something much easier. We will think far ahead and I believe the era of cryptocurrency will grow further in the future.

there will be a time when Bitcoin becomes the biggest world power !!!

I think that will not happen because the two are both different paypal acts like a bank and all transaction are not anonymously done all transactions are done by registered users.

I guess you need to switch your description for both. Paypal is more popular than Bitcoin. But Bitcoin is more secure! As a Bitcoin holder we need to promote it.

Paypal coming December 1998 and day by day it is huge popular currency in many different sectors. Normally i treated it as a global currency because it used widely. So i do not think bitcoin bringing to end of paypal. But i respect all people thinking. Many peoples consider it as like native currency.

Paypal people already know that their end is coming because of one or the other reasons. They could have done better in many countries but they only concentrated on USA and UK. Blockchain and Bitcoin will be the next gen payment methods.

Why don't you think that Paypal would integrate Bitcoin and keep existing?? What if it happens in future?

The security of PayPal is no way comparable to that of bitcoin ,I'm not saying bitcoin is bad in that area but PayPal capabilities is huge and its way more better than any cryptocurrency for now.

Bitcoin is not a competitor to Paypal. Obviously the development of bitcoin and the development of Paypal are not related to each other. Paypal online transactions are often used for currency exchange and are applicable in many countries. For bitcoin trading, it is in the development stage and it is restricted in some countries. So, users will surely trust and use Paypal for their transactions.

I do not think Pay Pal is a competitor for Bitcoin. Bitcoin is very different from fiat currency transactions. I think fiat currencies will remain.

my opinion bitcoin will not end paypal it's just that bitcoin will become a competitor of paypal and that might happen if bitcoin could be applied in the same concept as paypal. but paypal and bitcoin are not yet going to happen.

That can only be determined by the adopters of bitcoin and the world because both paypal and bitcoin would serve as payment method for transactions therefore people would choose among these two which of them they prefer based on the efficiency of these two. But i am very optimistic people would prefer making payments in cryptocurrencies especially bitcoin.

Just the same blockchain creates the same trust. You can see what transactions were made by the person you are going to work with. This is extremely convenient, given that the person's identity remains classified. I think that so and will work all in the future - before exchanged goods, and now will do, too, most only in Internet.

I hardly doubt bitcoin will replace PayPal. PayPal helps you to make claims but with Bitcoin there's nothing like that, once a business goes bad it will only take the sincerity of the other party to refund the bitcoin.

I do not foresee death, because these services are very influential and powerful, and therefore they follow the trends in the financial market at the moment and think over their financial policy for the future. I most likely foresee the change and introduction of new technologies into existing payment systems, but not their complete disappearance.

This is a very controversial issue because I believe that these two systems can exist and develop in parallel with each other and they do not cause harm to one

I think Bitcoin can not completely replace paypal, we still have to deal with small transactions that have too much transaction fees, and no country or country accepts a bitcoin for payment.

Maybe in near future, Paypal give a new feature bitcoin deposit. Bitcoin can make Paypal having trouble on their bussiness but i am believe Paypal will survive and maybe adopting bitcoin on their platform

Never failed of bitcoin as PayPal before because bitcoin is the way how to increase our investment and more easy for using bitcoin wallet than PayPal, many people get trouble with limited account by using PayPal because their account have been frozen by PayPal team.

I think bitcoins will probably live together with paypal. Some people would still use their cash to properly use their paypals to some extent. Some people, most likely millennials, would stick to the new technology like bitcoins. Both technology will live harmoniously and will definitely be competitive between each other.

I don't know for what will happen later, but I think bitcoin has a great chance to be more than Paypal because we don't have to fill any documents when we want to use bitcoin. I guess that many people will love to use bitcoin because they can stay in under radar without anyone knows if that person has bitcoin and already makes a transaction. And it's different than Paypal because we need to verified when we want to use Paypal for online business, so the other people are not afraid to make a transaction with us. Besides that, we don't have to confuse if somehow our account gets freeze like what we see on Paypal and we don't have to wait too long to unfreeze the account. With bitcoin, we can get all the things that Paypal cannot give to us.

I think they should collaborate, but not to make a competition)

It will be a very lengthy process if bitcoin bring an end PayPal. Though PayPal is dealing with transfer money only while bitcoin is a digital currency and users can pay by bitcoin. As a bitcoin lover, I would like to watch bitcoin bring an end PayPal.

Paypal is good payment gateways.
I think each choose payment system for self.
For example, Ebay accept Paypal, need accept BTC too.

This is a question that has no answer. because we all know that paypal is the king of transactions in the internet world. His trust has been recognized throughout the world.
Bitcoin is a currency that is not really known by all levels of society. I think maybe in the next two decades, bitcoin can be used as the best option in every transaction on the internet

Bitcoin is not a threat to PayPal or any other popular payment system. Even when the cryptocurrencies will gain the great popularity, most people would still use their beloved methods of payment.

Bitcoin is using for many transactions while in the case of pay pal so it was using in the European countries for online trade but now people from the globe are using crypto for trade and it is true that pay pal has a high importance to them but with time crypto is filling the space which was available for the people and now bitcoin is the major currency for online trade pay pal will not to an end because people trust it and it is not easy to kick off pay pal from the market still now millions of transaction toke place through pay pal.

I believe that cryptocurrencies will eventually displace PayPal, however, there is still some way to go, because cryptocurrencies are currently being used little for international transfers, there are projects like Ultrapoint (UPX) that have a clear focus on the Massive use, the currency is private and the shipping costs are very low, ideal for organizing international transfers.

The kind of protocol which PayPal posed, I don't see PayPal adding Bitcoin to their platform now or the future and I don't know if every cryptonier wonder why Saar Wilf create his payment system with the exclusion of PayPal. It because PayPal don't want deal with cryptocurrency.

Since the number of payal users is so large, to be able to replace it, there is a need for a process that allows users to accept and adapt to the new.

I am believe Paypal will collaborate with bitcoin. Credit card or debit card can used by bitcoin to spend in merchant because most merchant using Master Card or Visa card. I think bitcoin can collaborate with them and make easier to use

I think the possibility of bitcoin being able to beat paypals is possible, but it takes time, since the number of users is quite large, bitcoin needs to overcome its shortcomings to outperform bitcoin.

Collaborate ? Hmm i dont think so . both platform are working on a different way , paypal is centralize and all payments that have been processed succefully can still be chargebacks or can be recovered from the reciever and his account can be disputed while bitcoin/cryptos is working oppositely , cryptos are anonymous and once the transaction is procesed succesfully it cannot be reversed anymore  no matter what is the reason .

Though cryptos wont put an end to paypal but rather they will work in a parallel manner or equally because both payment methods are still indemand thesedays .

There were a lot of investors who have invested their money into Paypal by buying their stocks on the stock market, and Paypal would be able to use these funds to keep on developing and expand their business into more areas. Even with the rise of bitcoin, I guess Paypal would still be able to survive for many years with their business model.

This is pure self-delusion.

We bitcoiners are well well behind paypal and other payment systems in usability, speed, etc.

No hope here.

Bitcoin has many uses and purposes like money transfer. For me, I still going to use my most trusted money transfer (as per no). If the bitcoin or cryptocurrency will legalize in my country I will use bitcoin and it depends on the system and convenience of bitcoin as money transfer. Paypal is one of the most legit money transfer internationally.

In my own perception i think that bitcoin won't bring an end to paypal, since paypal is more secure and everyone who can rely their credits. But if bitcoin takes an end to paypal, bitcoin management should be looking for a subtitute for paypal and just like more secure so that bitcoin industry would not also loose its investors and enthusiast.

I don't think would dominate all the online payment, some people want a legit payment system that is not anonymous because they will first doubt with it, especially Bitcoin involved in black market. Paypal is also an easy and fast way payment and many merchant accept it

In this century, or the next, I believe the people will leave the paypal and will switch to Bitcoin. Later when the Bitcoin's getting known by the public at large so they will be comfortable using Bitcoin than paypal. I hope the developed countries are willing to make a Bitcoin as means of payment.

There is no chance in near future. Blockchain and Bitcoin is a baby and it trying to walk. Paypal is completely stable and working fine platform. Other thing is Paypal speed fast and low fee as crypto. Blockchain and Bitcoin can beat other payment methods like Western Union but thats all.

I have never liked PayPal since it is not widely accepted across the globe but I don't think bitcoin would replace PayPal anytime soon, I believe bitcoin is doing amazing well, I think bitcoin and PayPal can coexist as methods of payment. Personally I prefer bitcoin to PayPal since bitcoin is widely accepted in many parts of the world.

Well, for my personal information I think that bitcoin cant affect PayPal in any ways, Bitcoin has its own definition and style its also has originality while the PayPal is another project which offers another way of services with its unique features  also.

- I do not understand why people need to leave paypal when it still offers service and work very well while bitcoin is still precarious and there are many negative signs, the value is decreasing over time, even come near the boundary ends. You are probably a crazy fan of bitcoin, always thinking bitcoin is all of the future but in fact it still does not have too much influence on the future, the government and many people still do not accept the bitcoin going into their lives, you should live with this fact, bitcoin can not touch the position of paypal

Peypal is very popular around the world and pushing it is not so easy. I think this is not necessary, because when there are many different payment options, it is better than when there are few of them. With a monopoly on any type of service or product begins a faster rise in prices.

Paypal is good along with many other service providers like wester union etc. All of them has some disadvantages like more fee or not usable in certain countries. Bitcoin on the other hand has removed all these disadvantages of these service providers and come up with the perfect solution which eliminate the need of middle man to transfer the currency.

Cryptocurrency will not force out non-cash forms of payment. They are likely to coexist together. I think that some banks will practice accounts in Bitcoin and other types of cryptocurrency together with ordinary currency on their own cards and this will be quite convenient. In my country there are already such. You can transfer to a special bank e-wallet and regular currency, and cryptocurrency. Cryptocurrency displayed from the wallet. Actually
cryptocurrency is withdrawn by the bank from the wallet right away, however, all indicators are saved on the wallet and you can use the cryptocurrency at any time when shopping directly for it or you can exchange it in your wallet for a common currency.

Nothing lasts forever, including PayPal. Sooner or later it will be replaced by a more progressive system. Cryptocurrencies have many positive qualities and over time they may well replace other payment systems.

If paypal does not develop or improve the quality of its services, it certainly will be found by someone who has more to offer to customers. Paypal has no monopoly and can be replaced by a different and better payment system. Including bitcoin.

PayPal is nowhere near going down. With the proliferation of mobile phones and the acquisition of Venmo, PayPal is growing very fast.

The blockchain will help PayPal out with security and immutable data. Soon, I think PayPal will allow Bitcoin to be used as a form of money on their own platform.  There's no way Bitcoin will even come close to the platform, branding and systems PayPal already have going for them.

I think it will, It's lower cost, lower risk and an easier form of payment from anything else we have today, especially for shopping online. Credit cards were adopted almost 70 years ago and were never designed for the Internet. It leads to serious problems like identity theft and payment fraud. You also have notably lower transaction costs compared to converting one international currency to another international currency. Its Cheaper!

With my own opinion I think they but have different row to place and secondly many country today seem to ban bitcoin or cryptocurrency for uses and now with PayPal online purchased are been request for and payment is made easily.
So I don't think any one can put an end to another.

No bitcoin wont spell the end of paypal, as paypal is as far as I remember owned by Ebay (although it has been spun off and now runs independently) and this gives it a huge market. It would be great if you could use bitcoin as an alternative on sites like ebay but i very much doubt it will happen any time soon.

Of course, that can't because not everyone can use digital currency. But in the future, we will not know what will happen. I think Bitcoin can be an alternative for people to use as online payments. But I don't think that this will replace PayPal, only Bitcoin can be another option.