Bitcoin Forum
June 01, 2024, 07:36:09 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: PayPal Pulls Out of Puerto Rico; Huge Opening for Bitcoin  (Read 1162 times)
DarkHyudrA
Legendary
*
Offline Offline

Activity: 1386
Merit: 1000


English <-> Portuguese translations


View Profile
September 08, 2015, 06:51:53 PM
 #21

Saying that this will make Bitcoin a option isn't correct.
PayPal accepts CC and tranfer money, as of now, there's no way to use a CC to buy Bitcoin.

English <-> Brazilian Portuguese translations
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3014


Welt Am Draht


View Profile
September 08, 2015, 06:54:49 PM
Last edit: September 08, 2015, 07:07:56 PM by gentlemand
 #22

Saying that this will make Bitcoin a option isn't correct.
PayPal accepts CC and tranfer money, as of now, there's no way to use a CC to buy Bitcoin.

Both Circle and Coinbase operate in Puerto Rico but I guess they might be subject to the same 2% hit but I'm not sure how that would be proven. I don't see why Paypal find that such a problem but whatever.
Sourgummies
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500


Never ending parties are what Im into.


View Profile
September 08, 2015, 07:44:57 PM
 #23

https://www.youtube.com/watch?v=_rpeXsUR53g

Puerto Rico HOOOOOOO!

Paypal must die.
Abiky
Legendary
*
Offline Offline

Activity: 3220
Merit: 1363


www.Crypto.Games: Multiple coins, multiple games


View Profile
September 08, 2015, 10:49:47 PM
 #24

This is really great news for Puerto Rico! I hope that this would make Puertorican people to use Bitcoin. First Greece, now Puerto Rico and next main stream adoption.  Cheesy


█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
Hugroll
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
September 08, 2015, 10:52:39 PM
 #25

although this creates an opening for bitcoin to come in. i dont think that'll happen, i can imagine btc is hard to trade in Puerto Rico.
TransaDox
Full Member
***
Offline Offline

Activity: 219
Merit: 102


View Profile
September 08, 2015, 11:09:20 PM
 #26

Control the exchanges, you control peoples ability to enter and exit bitcoin. How are the Puerto Ricans going to get hold of their bitcoins while still avoiding the transaction tax?
marky89
Hero Member
*****
Offline Offline

Activity: 756
Merit: 502

CryptoTalk.Org - Get Paid for every Post!


View Profile
September 08, 2015, 11:32:45 PM
 #27

Control the exchanges, you control peoples ability to enter and exit bitcoin. How are the Puerto Ricans going to get hold of their bitcoins while still avoiding the transaction tax?

P2P of course. How will bitcoin come to replace Paypal for Puerto Ricans, then, you ask? Well I would say, that's a damn good question. Tongue

I imagine there is nothing stopping Puerto Ricans from buying bitcoins on Circle or Coinbase, withdrawing them, and then transacting without this extra external fee. But this won't happen overnight, on the whole, by any means. The extent to which it will happen at all is a big question mark.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
stuff0577
Full Member
***
Offline Offline

Activity: 138
Merit: 100

More stuff will come.


View Profile WWW
September 09, 2015, 12:12:31 AM
 #28

This is great news and opportunity for Bitcoin to fill a gap and put Puerto Rico on the Bitcoin map.

Yeah + one for that. but authorities will find a way to also charge them with tax.  Angry

DAILAI Peer-to-peer micro transport services
Blawpaw
Legendary
*
Offline Offline

Activity: 1596
Merit: 1027



View Profile
September 09, 2015, 01:27:22 AM
 #29

This can turn out to be quite huge! It means more people using bitcoin and more trading volume.

It will also serve as a way for Bitcoin prove its superiority over PayPal once again!
Abiky
Legendary
*
Offline Offline

Activity: 3220
Merit: 1363


www.Crypto.Games: Multiple coins, multiple games


View Profile
September 09, 2015, 01:32:34 AM
 #30

I imagine seeing the day that Bitcoin takes over Paypal...it would be the preferred payment method by people and merchants from around the world  Cool

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!