paypal or bitcoin?

[Sir_lagsalot]

Bitcoin and PayPal are essentially on par at the moment. The only difference is that PayPal may be a tad faster, and Bitcoin can appreciate in price. It really depends on what you want and what to spend your funds on.

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[ranochigo]

well, my paypal account ever been hacked, and paypal refund my money,
my bitcoin wallet ever hacked, and i loss, huft

Now paypal is good for buying and secure in transaction also. But sure Bitcoin wallet community like Blockchain, coinbase and others working more security to avoid hacking and scamming. I think with a year It will reach us. after bitcoin play big part in transaction without hacking or other issue.

PayPal is an online service, so is Coinbase and Blockchain.info. This means that anyone could potentially access your account from the other side of the world with just your password. Coinbase only have insurance for inside hacks, not if the user is at fault. Bitcoin places the responsibility of taking care of the coins on the user, this also ensures that no one else would intefere with it. If you don't want to lose it, keep it on a desktop without malware or hardware wallet. Honestly, it is really easy to secure a BTC. I have mine here without getting hacked for 1+ years.

[Amph]

Bitcoin and PayPal are essentially on par at the moment. The only difference is that PayPal may be a tad faster, and Bitcoin can appreciate in price. It really depends on what you want and what to spend your funds on.

the difference is that one is expensive as hell, the other save you money when purchasing something while increasing its value over time(i don't care about the haters saying that btc will die or trash like that, because they have sold at $10), this is big difference for me

also they are equal in speed, actually bitcoin is faster, when i received for example, my money back froma  purchase because of a refund, i've waited days to see it in my paypal account, especially on weekend, not so much with bitcoin...

[Daniel91]

I can compare both through one practical example.
I tried to send money to one friend in Nepal.
First, I was thinking about paypal but find out that he can't use paypal in his country.
WU and Bank wires was to expensive and complicate for him so on the end i suggested to him to create bitcoin wallet and I send him funds through Bitcoin.
Problem solved in second!
So, my answer is Bitcoin

[lixer]

Bitcoin and PayPal are essentially on par at the moment. The only difference is that PayPal may be a tad faster, and Bitcoin can appreciate in price. It really depends on what you want and what to spend your funds on.

the difference is that one is expensive as hell, the other save you money when purchasing something while increasing its value over time(i don't care about the haters saying that btc will die or trash liek that, because they have sold at $10), this is big difference for me

also they are equal in speed, actually bitcoin is faster, when i received for example, my money back froma  purchase because of a refund, i've waited days to see it in my paypal account, especially on weekend, not so much with bitcoin...

Yes this main difference of less fees associated with bitcoin will make it as a replacement for Paypal in near future. Even both are in equal speed, with bitcoin we can enjoy the liberality of owning our wealth. With Paypal some one else handles our money.

[Scream]

of course Bitcoin, i can send bitcoin without id card requirement 
is simple to use, easy to send and receive, also i can trade it

[Marbit]

well, my paypal account ever been hacked, and paypal refund my money,
my bitcoin wallet ever hacked, and i loss, huft

Now paypal is good for buying and secure in transaction also. But sure Bitcoin wallet community like Blockchain, coinbase and others working more security to avoid hacking and scamming. I think with a year It will reach us. after bitcoin play big part in transaction without hacking or other issue.

Yes, you are right, Bitcoin has been proved that it is not crackable  and thus the hackers are kept at bay and all the transactions are recorded in the public ledger called blockchain so it is transparent for auditing whereas paypal has been very crafty with its customers with claims of people having their funds frozen for 180 days without any intimation or any solid reasons so i will always side with Bitcoins.

[Snorek]

well, my paypal account ever been hacked, and paypal refund my money,
my bitcoin wallet ever hacked, and i loss, huft

That is right. I lost several bitcoin in various exchanges: mintpay, vircurrex and crytorush. I never get anything back.

And guess who's fault is this. Your money is your responsibility, not your bank, exchange or other service: Bitcoin is your money, therefore your responsibility. Don't try to blame it on others.
Don't keep your bitcoin in online deposits for extended periods of time and don't trust lesser and unknown companies. There is no way that someone would steal bitcoins from you while you keep them on your machine.

[27QVUTZj8rgZP1]

well, my paypal account ever been hacked, and paypal refund my money,
my bitcoin wallet ever hacked, and i loss, huft

Bitcoin is not a service like paypal. It is a currency.

And if you lose any dollars or another fiat to some criminal, hacking, or in any way I am sure the "Central Bank" won't refund you as well.

[XinXan]

Bitcoin and PayPal are essentially on par at the moment. The only difference is that PayPal may be a tad faster, and Bitcoin can appreciate in price. It really depends on what you want and what to spend your funds on.

the difference is that one is expensive as hell, the other save you money when purchasing something while increasing its value over time(i don't care about the haters saying that btc will die or trash liek that, because they have sold at $10), this is big difference for me

also they are equal in speed, actually bitcoin is faster, when i received for example, my money back froma  purchase because of a refund, i've waited days to see it in my paypal account, especially on weekend, not so much with bitcoin...

Yes this main difference of less fees associated with bitcoin will make it as a replacement for Paypal in near future. Even both are in equal speed, with bitcoin we can enjoy the liberality of owning our wealth. With Paypal some one else handles our money.

You still don't understand that you are comparing a currency (bitcoins) to a service (paypal) Of course you own your money because bitcoin is a currency, paypal works with currencies but it's not a currency.

[CasioK]

Bitcoin and PayPal are essentially on par at the moment. The only difference is that PayPal may be a tad faster, and Bitcoin can appreciate in price. It really depends on what you want and what to spend your funds on.

the difference is that one is expensive as hell, the other save you money when purchasing something while increasing its value over time(i don't care about the haters saying that btc will die or trash liek that, because they have sold at $10), this is big difference for me

also they are equal in speed, actually bitcoin is faster, when i received for example, my money back froma  purchase because of a refund, i've waited days to see it in my paypal account, especially on weekend, not so much with bitcoin...

Yes this main difference of less fees associated with bitcoin will make it as a replacement for Paypal in near future. Even both are in equal speed, with bitcoin we can enjoy the liberality of owning our wealth. With Paypal some one else handles our money.

You still don't understand that you are comparing a currency (bitcoins) to a service (paypal) Of course you own your money because bitcoin is a currency, paypal works with currencies but it's not a currency.

The beauty is bitcoin is a currency as well as service in your terms. So, comparing these two is perfectly alright. Both are meant for online services. But bitcoin has many advantages to it's users, the user can be in sending or receiving end but can enjoy the same type of advantages where Paypal is not like that.

[Whosdaddy]

Bitcoin and PayPal are essentially on par at the moment. The only difference is that PayPal may be a tad faster, and Bitcoin can appreciate in price. It really depends on what you want and what to spend your funds on.

the difference is that one is expensive as hell, the other save you money when purchasing something while increasing its value over time(i don't care about the haters saying that btc will die or trash liek that, because they have sold at $10), this is big difference for me

also they are equal in speed, actually bitcoin is faster, when i received for example, my money back froma  purchase because of a refund, i've waited days to see it in my paypal account, especially on weekend, not so much with bitcoin...

Yes this main difference of less fees associated with bitcoin will make it as a replacement for Paypal in near future. Even both are in equal speed, with bitcoin we can enjoy the liberality of owning our wealth. With Paypal some one else handles our money.

You still don't understand that you are comparing a currency (bitcoins) to a service (paypal) Of course you own your money because bitcoin is a currency, paypal works with currencies but it's not a currency.

Why we not compare these two? Both works online and used to send and receive money. Bitcoin is the system which deals with the unit which is also called bitcoins where as Paypal is a service provider which can deal with any fiat currencies. Paypal may freeze your fiats but bitcoin will never do that. I love bitcoin.

[Amph]

Bitcoin and PayPal are essentially on par at the moment. The only difference is that PayPal may be a tad faster, and Bitcoin can appreciate in price. It really depends on what you want and what to spend your funds on.

the difference is that one is expensive as hell, the other save you money when purchasing something while increasing its value over time(i don't care about the haters saying that btc will die or trash liek that, because they have sold at $10), this is big difference for me

also they are equal in speed, actually bitcoin is faster, when i received for example, my money back froma  purchase because of a refund, i've waited days to see it in my paypal account, especially on weekend, not so much with bitcoin...

Yes this main difference of less fees associated with bitcoin will make it as a replacement for Paypal in near future. Even both are in equal speed, with bitcoin we can enjoy the liberality of owning our wealth. With Paypal some one else handles our money.

You still don't understand that you are comparing a currency (bitcoins) to a service (paypal) Of course you own your money because bitcoin is a currency, paypal works with currencies but it's not a currency.

bitcoin is not only a currency but a payment system, it's both thing, if you include the blockchain, so it can be compared, or at least the payment system aspect of it can be compared to paypal or whatever you want

[ThePlan]

Bitcoin.
Most of the people prefer this also

[spirit of btc]

Paypal is more secure if you are buying goods, if you are buying with bitcoins use a trusted escrow.
Choosing the escrow is also another important task.
If you are selling goods then go for bitcoins

[knowhow]

Bitcoin is much better then payple lees fees,no chargeback,no a support to handle someone complaining after 45 days of using your product,then they refund and the buyed doesnt send the product soo two loss,money and product thanks to paypal.Im sure the most people will start to pay with bitcoin with some escrow between them to avoid being scam.

[Echye]

Less scam risk with paypal if you're the buyer

[chennan]

Bitcoin is much better then payple lees fees,no chargeback,no a support to handle someone complaining after 45 days of using your product,then they refund and the buyed doesnt send the product soo two loss,money and product thanks to paypal.Im sure the most people will start to pay with bitcoin with some escrow between them to avoid being scam.

This is true when you are considering buying goods or services online.  But hopefully as more time passes on, more merchants will be accepting bitcoin in some sort of way so you would be able to buy goods at a store in real life and not have to worry about trusting that person to give you the good since you are right there.  The problem that comes from this, is that everyday purchases of goods will come with more micro transactions on the block chain and start having the capability to start maxing out a lot of blocks.  Maybe there will be a good proposal that can fix these types of issues.

In a way though, using escrows are somewhat a paypal'ish form of transaction that helps make sure you get the good before they allow the funds to be deposited into their account.

[XinXan]

Bitcoin and PayPal are essentially on par at the moment. The only difference is that PayPal may be a tad faster, and Bitcoin can appreciate in price. It really depends on what you want and what to spend your funds on.

the difference is that one is expensive as hell, the other save you money when purchasing something while increasing its value over time(i don't care about the haters saying that btc will die or trash liek that, because they have sold at $10), this is big difference for me

also they are equal in speed, actually bitcoin is faster, when i received for example, my money back froma  purchase because of a refund, i've waited days to see it in my paypal account, especially on weekend, not so much with bitcoin...

Yes this main difference of less fees associated with bitcoin will make it as a replacement for Paypal in near future. Even both are in equal speed, with bitcoin we can enjoy the liberality of owning our wealth. With Paypal some one else handles our money.

You still don't understand that you are comparing a currency (bitcoins) to a service (paypal) Of course you own your money because bitcoin is a currency, paypal works with currencies but it's not a currency.

Why we not compare these two? Both works online and used to send and receive money. Bitcoin is the system which deals with the unit which is also called bitcoins where as Paypal is a service provider which can deal with any fiat currencies. Paypal may freeze your fiats but bitcoin will never do that. I love bitcoin.

Because paypal is a service that uses lots of currencies, it's not fair to compare both when paypal uses dollars and euros which are currencies spread through every country in the world, there is no way for bitcoin to compete with that right now or in 10 years.

[secone]

i will choose bitcoin

Lower Fees

This is usually the first advantage of cryptocurrencies that you hear from Bitcoin enthusiasts and experts. And this is certainly true as PayPal has been notorious for imposing hefty transaction fees on users of about 3%.

For example, one reddit user Carbone_ posted a screenshot of the fees incurred when selling 60 items on Ebay for €1 a piece. Of the €60.50 amount worth of payments received PayPal’s cut was €17.59.



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