Bitcoin Transaction Volume Tops PayPal, Creeps Up on Visa

[rosemary4u]

Bitcoin, as assumed, will take the place of Gold sooner or later. BTC is being used as a value and sometimes as an exchange, but it was, is and will be as "resource" and a worthy investment. Time will sing the song.

Bitcoin as a mode of payment  is far better  than most of  the payment methods that we have. I 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.

[perla]

Bitcoin, as assumed, will take the place of Gold sooner or later. BTC is being used as a value and sometimes as an exchange, but it was, is and will be as "resource" and a worthy investment. Time will sing the song.

Bitcoin as a mode of payment  is far better  than most of  the payment methods that we have. I 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.

It will be good if bitcoin and Paypal can collabs and together make some payment, or maybe Paypal add bitcoin as their payment system so we can use it to pay safely in a lot of merchant like paypal.

[Eirecoin]

To many, Bitcoin’s shot at “real-world” utility is defined by the yardstick of Visa’s transactional throughput; yet, the original cryptocurrency now purportedly handles more annual transacted value than PayPal—and appears to be gaining on Visa, fast.

https://cryptoslate.com/bitcoin-transaction-volume-tops-paypal-creeps-up-on-visa/

This is great news, PayPal should start accepting Bitcoins or any other cryptocurrencies as a form of funding your balance as many other wallets are starting to do so. And Visa,  Mastercard  & American Express and the other financial companies should do something like a credit card or debit card funded with bitcoins that would be nice that too.  Perhaps they have already plans for this but I guess we have to wait and see

[syberwolfen]

This is a good news for BTC users and it's community it is proving how fast it is growing. The only thing which disappoints is government should legalize this, still in many countries they have banned this and say it as illegal. This is technology is developed only to avoid third party transactions and to benefit the public. 

[btyco]

A lot of people will use different currency instead with faster transaction times. This means crypto has probably already surpassed visa and the bull run hasn't even started yet

[mazdafunsun]

STATISTICS, you shuld look closely at them beofre jumping to conculsions.

Most of Bitcoin txs are done because of speculation not buying goods
This is about volume not tx amount, and tx amount matters because small online and off line purchases is where we spend our money on daily basis.

[plr]

To many, Bitcoin’s shot at “real-world” utility is defined by the yardstick of Visa’s transactional throughput; yet, the original cryptocurrency now purportedly handles more annual transacted value than PayPal—and appears to be gaining on Visa, fast.

https://cryptoslate.com/bitcoin-transaction-volume-tops-paypal-creeps-up-on-visa/

This I agree and it's only a matter of time before they surpass visa's transactions,Bitcoin is still in adoption period and we are growing fast once it totally becomes mainstream it will even double the transactions of visas and Paypal combined the volume can easily tell that to us.

[ardhigalau]

From what I see, more and more people use bitcoin as a payment tool. Paypal and Credit Card are old-fashioned, it's time we switch to bitcoin.

[AiBBio]

in my opinion although things such as both value and volume as in how much money was transferred through bitcoin and how many transactions per second it processes are great things to achieve, there is another important matter that we should not forget...
bitcoin is the only decentralized currency that has been created. when comparing it with PayPal and Visa you are comparing apples and oranges. decentralized currency with a distributed ledger versus centralized payment processors with a database. they are not even comparable.

[dr_chen]

Bitcoin is the strongest decentralized currency and bitcoin challange various kinds of rejections from parties like goverments and bank. They try to block adoption of bitcoin the world economy and development of new ways that can be applied transaction and payment. But they have limited control on bitcoin and they only cause some fluctuations on its price.

[mazdafunsun]

From what I see, more and more people use bitcoin as a payment tool. Paypal and Credit Card are old-fashioned, it's time we switch to bitcoin.

This is like a very narrow view, cryptos are long way of bring adopted especially in physical stores because current payment options are just more easy to implement than cryptos.
i havent seen any place with crypto POS, I would love to see that.