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Author Topic: PayPal vs Bitcoin Comparison of online payment methods  (Read 2033 times)
Amph
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November 29, 2015, 05:00:58 PM
 #21

Don't forget that any transaction with BTC there is no refund so scammer will profit it.

if you deal with a  big merchant i do not see this problem, they can issue a refund for you in case you need tor eturn the item
WhatTheGox
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November 29, 2015, 05:30:11 PM
 #22


I kinda see it as fiat vs bitcoin because paypal could use bitcoin, there will still be a need to paypal just like people use coinbase currently with bitcoin.

In the future if we can remove fiat things could be different.
Mickeyb
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November 29, 2015, 11:00:17 PM
 #23

Don't forget that any transaction with BTC there is no refund so scammer will profit it.

I think that scammers are profiting more scamming PayPal and charge backing people all around the world than what people will get scammed by using Bitcoin since the transactions are irreversible. If you take precautions and stay careful, Bitcoin being irreversible is not such a big of a deal!
Proxiebuier (OP)
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November 30, 2015, 12:04:52 AM
 #24

Don't forget that any transaction with BTC there is no refund so scammer will profit it.

One thing I hate about bitcoin

this is decentralization system, that why no one can controll bitcoin,
if you can refund your transaction bitcoinis not a "private wallet and decentralization system "
lolgato
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November 30, 2015, 02:18:01 AM
 #25

That would be tough for me but currently would choose btc because I need more xD right now.
yenxz
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December 01, 2015, 01:56:02 PM
 #26

We all know bitcoin security is better for online shop tham paypal,and also fee of nitcoin transaction is smaller than paypal,its why bitcoin better than paypal for online shopping
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