Is bitcoin better or paypal?

[freedomgo]

Bitcoin is much profitable than paypal and i think that bitcoin has a possibility to be the worlwide currency

I can agree with this because I live in a country where there are serious restrictions for paypal and we can’t even use paypal to send funds to another paypal user (unless credit card is linked with the account). If someone is sending $10 then we receive $8.80 or something due to some regulations and that’s really awful. Whereas bitcoin works for us like it works for anyone from any corner of the world. It’s profitable for me.

of course it is, tell me when paypal is profitable then I will shift.

Paypal and bitcoin is different when it comes to investment because paypal is never an investment, they can be both a payment processor online but obviously bitcoin has more usage compared to paypal. It should not be your comparison to say that can paypal be profitable as bitcoin?

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[BlackPanda]

Bitcoin is much profitable than paypal and i think that bitcoin has a possibility to be the worlwide currency

I can agree with this because I live in a country where there are serious restrictions for paypal and we can’t even use paypal to send funds to another paypal user (unless credit card is linked with the account). If someone is sending $10 then we receive $8.80 or something due to some regulations and that’s really awful. Whereas bitcoin works for us like it works for anyone from any corner of the world. It’s profitable for me.

of course it is, tell me when paypal is profitable then I will shift.

Paypal and bitcoin is different when it comes to investment because paypal is never an investment, they can be both a payment processor online but obviously bitcoin has more usage compared to paypal. It should not be your comparison to say that can paypal be profitable as bitcoin?

I agree with you . bitcoin system and paypal are very different. bitcoin for me is the best choice. paypal only used as a means of payment. while bitcoin is a payment and also as a place to invest.

[danherbias07]

Bitcoin is much profitable than paypal and i think that bitcoin has a possibility to be the worlwide currency

I can agree with this because I live in a country where there are serious restrictions for paypal and we can’t even use paypal to send funds to another paypal user (unless credit card is linked with the account). If someone is sending $10 then we receive $8.80 or something due to some regulations and that’s really awful. Whereas bitcoin works for us like it works for anyone from any corner of the world. It’s profitable for me.

of course it is, tell me when paypal is profitable then I will shift.

Paypal and bitcoin is different when it comes to investment because paypal is never an investment, they can be both a payment processor online but obviously bitcoin has more usage compared to paypal. It should not be your comparison to say that can paypal be profitable as bitcoin?

I agree with you . bitcoin system and paypal are very different. bitcoin for me is the best choice. paypal only used as a means of payment. while bitcoin is a payment and also as a place to invest.

You made me smile. Really cool. The simplest way to compare it but really effective specially to those who are still into Paypal. Here in bitcoin there is a better room where you could do something. Invest or trade or play with the fluctuation or maybe earn some loaning to someone.

[mrcash02]

You made me smile. Really cool. The simplest way to compare it but really effective specially to those who are still into Paypal. Here in bitcoin there is a better room where you could do something. Invest or trade or play with the fluctuation or maybe earn some loaning to someone.

Yes, with BTCs you can do many things, and with small amounts we can start learning trading, gambling for fun, investing. Good for children to learn about economy, investiment, etc. Crypto-currencies are educative currencies and very useful for who wants to make profit on medium-long term (holding), to have fun (gambling, using faucets), and trading to try some profit.

[Dudeperfect]

Bitcoin is much profitable than paypal and i think that bitcoin has a possibility to be the worlwide currency

I can agree with this because I live in a country where there are serious restrictions for paypal and we can’t even use paypal to send funds to another paypal user (unless credit card is linked with the account). If someone is sending $10 then we receive $8.80 or something due to some regulations and that’s really awful. Whereas bitcoin works for us like it works for anyone from any corner of the world. It’s profitable for me.

of course it is, tell me when paypal is profitable then I will shift.

Paypal and bitcoin is different when it comes to investment because paypal is never an investment, they can be both a payment processor online but obviously bitcoin has more usage compared to paypal. It should not be your comparison to say that can paypal be profitable as bitcoin?

I agree with you . bitcoin system and paypal are very different. bitcoin for me is the best choice. paypal only used as a means of payment. while bitcoin is a payment and also as a place to invest.

You made me smile. Really cool. The simplest way to compare it but really effective specially to those who are still into Paypal. Here in bitcoin there is a better room where you could do something. Invest or trade or play with the fluctuation or maybe earn some loaning to someone.

Well, when I said paypal is profitable for me I compared it with the bitcoin payment system. As I said, we have restrictions for using paypal and it makes us very difficult to deal with it but since there are no restrictions for using bitcoin, we don’t have to mess up with extra charges or fees so naturally it gives more returns whereas paypal charges some amount depending on transaction which is usually larger than bitcoin transaction fees.

[carlfebz2]

No more  questions here. Bitcoin is   better  than   paypal  on  any ways. Fees are less and  transfers  are fast   even though they are  irreversible  unlike paypal  have cashback but still its far away  more  better than  paypal. I could assure that  many  paypal users  do   transfer  to bitcoin because they could saw that  bitcoins  potential and benefits are   good  compared to  paypal and   I  hope  it would be  adopted  more on the future.

[Bitcoinsummoner]

No more  questions here. Bitcoin is   better  than   paypal  on  any ways. Fees are less and  transfers  are fast   even though they are  irreversible  unlike paypal  have cashback but still its far away  more  better than  paypal. I could assure that  many  paypal users  do   transfer  to bitcoin because they could saw that  bitcoins  potential and benefits are   good  compared to  paypal and   I  hope  it would be  adopted  more on the future.

On some ways paypal is still number 1 trusted payment processor and i think we are just like bitcoin because we can easily use bitcoin low fees fast transaction depends how much the fee you pay for your priority transactions. and bitcoin is anonymous. paypal is one of the good if you want to buy things online so that you can refund once you dont receive or you receive a wrong product..

[socks435]

Bitcoin is much profitable than paypal and i think that bitcoin has a possibility to be the worlwide currency

I can agree with this because I live in a country where there are serious restrictions for paypal and we can’t even use paypal to send funds to another paypal user (unless credit card is linked with the account). If someone is sending $10 then we receive $8.80 or something due to some regulations and that’s really awful. Whereas bitcoin works for us like it works for anyone from any corner of the world. It’s profitable for me.

of course it is, tell me when paypal is profitable then I will shift.

Paypal and bitcoin is different when it comes to investment because paypal is never an investment, they can be both a payment processor online but obviously bitcoin has more usage compared to paypal. It should not be your comparison to say that can paypal be profitable as bitcoin?

I agree with you . bitcoin system and paypal are very different. bitcoin for me is the best choice. paypal only used as a means of payment. while bitcoin is a payment and also as a place to invest.

You made me smile. Really cool. The simplest way to compare it but really effective specially to those who are still into Paypal. Here in bitcoin there is a better room where you could do something. Invest or trade or play with the fluctuation or maybe earn some loaning to someone.

Well, when I said paypal is profitable for me I compared it with the bitcoin payment system. As I said, we have restrictions for using paypal and it makes us very difficult to deal with it but since there are no restrictions for using bitcoin, we don’t have to mess up with extra charges or fees so naturally it gives more returns whereas paypal charges some amount depending on transaction which is usually larger than bitcoin transaction fees.

but for you can decrease your fee just send it via friends or family.. if you are using paypal. for now i think if you choose to pay fee with high priority in bitcoin because of price increase 30 cents to 40 cents your payment when i send 0.005 - 0.008 btc in other wallet.. i can reduce it but the speed of transaction can decrease..  i think paypal and bitcoin right now are the same high fee.. unlike before that bitcoin are giving low fee..

[GregH37]

Yes it is true that the best option for buyers is the paypal because they can refund the money if they do not received the product that they asked for but
   in terms of fast transaction of money I guess the best one is the bitcoin but it needs an escrow for they can trust you that much.

But that refund has opened new doors for scammers. What they do is buy some product online and then open a charge-back, I think anyone using paypal is a idiot because hey, all the money you have in your account can be charged back by paypal in 2 mins without any reason just because the buyer claims it. WOW !

[katrimans]

I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.

since some of the complicated workin the bitcoin to convert into fiat but still it is more better than paypal .
in paypal any amount of money may br deduce from your bank account with prior notice . PayPal payments are reversible .
so if we are making deals with Bitcoin with escrow then we have the bitcoin as a better option than paypal .

There are no issues in converting bitcoins to fiat for me at least. I just visit localbitcoins, find a seller I have traded before or a one that is trusted and just open the trade, he sends me bank money and I release the bitcoins. Pretty simple for me though some might not know how to use LBC.

[sadyas]

No more  questions here. Bitcoin is   better  than   paypal  on  any ways. Fees are less and  transfers  are fast   even though they are  irreversible  unlike paypal  have cashback but still its far away  more  better than  paypal. I could assure that  many  paypal users  do   transfer  to bitcoin because they could saw that  bitcoins  potential and benefits are   good  compared to  paypal and   I  hope  it would be  adopted  more on the future.

On some ways paypal is still number 1 trusted payment processor and i think we are just like bitcoin because we can easily use bitcoin low fees fast transaction depends how much the fee you pay for your priority transactions. and bitcoin is anonymous. paypal is one of the good if you want to buy things online so that you can refund once you dont receive or you receive a wrong product..

The transaction of the bitcoin was low fee, but not anymore if you want to transfer very fast, you have to pay higher fees.

[Decrypted]

Bitcoin is much better than PayPal and most of us knows about it

[Dudeperfect]

Bitcoin is much profitable than paypal and i think that bitcoin has a possibility to be the worlwide currency

I can agree with this because I live in a country where there are serious restrictions for paypal and we can’t even use paypal to send funds to another paypal user (unless credit card is linked with the account). If someone is sending $10 then we receive $8.80 or something due to some regulations and that’s really awful. Whereas bitcoin works for us like it works for anyone from any corner of the world. It’s profitable for me.

of course it is, tell me when paypal is profitable then I will shift.

Paypal and bitcoin is different when it comes to investment because paypal is never an investment, they can be both a payment processor online but obviously bitcoin has more usage compared to paypal. It should not be your comparison to say that can paypal be profitable as bitcoin?

I agree with you . bitcoin system and paypal are very different. bitcoin for me is the best choice. paypal only used as a means of payment. while bitcoin is a payment and also as a place to invest.

You made me smile. Really cool. The simplest way to compare it but really effective specially to those who are still into Paypal. Here in bitcoin there is a better room where you could do something. Invest or trade or play with the fluctuation or maybe earn some loaning to someone.

Well, when I said paypal is profitable for me I compared it with the bitcoin payment system. As I said, we have restrictions for using paypal and it makes us very difficult to deal with it but since there are no restrictions for using bitcoin, we don’t have to mess up with extra charges or fees so naturally it gives more returns whereas paypal charges some amount depending on transaction which is usually larger than bitcoin transaction fees.

but for you can decrease your fee just send it via friends or family.. if you are using paypal. for now i think if you choose to pay fee with high priority in bitcoin because of price increase 30 cents to 40 cents your payment when i send 0.005 - 0.008 btc in other wallet.. i can reduce it but the speed of transaction can decrease..  i think paypal and bitcoin right now are the same high fee.. unlike before that bitcoin are giving low fee..

To be honest, for me time doesn’t matter because it is not my main business and I am still a student so I can bear little bit late payment for my side business but I cannot bear less payment on the cost of quicker transfer. Alternatively I can’t even use received funds in paypal (because it is automatically withdrawn in default bank account) which usually takes minimum 3 days to appear in my bank account where as bitcoin is fast and I can use it right away when I receive it.

[MinerHQ]

Bitcoin is much profitable than paypal and i think that bitcoin has a possibility to be the worlwide currency

i agree with you that bitcoin is much more profitable than paypal and you are right that bitcoin is worldwide currency and bitcoin is available in everywhere for online shopping so i also recommend that bitcoin is good than paypal.

It all depends on your needs. If you want a good investment option, then Bitcoins are much better than Paypal. But if you're looking to buy something online from some unknown person then I recommend to use Paypal because they protect you from any scams. If you use Bitcoins to buy from an unknown person, then they may scam you and may not return your money as well. So both of them got advantages and disadvantages, and I use both for different purposes.

We can't remove that fact that a lot of stores are more relying into the usage of paypal for the payments. Because they are still not able to adopt bitcoins, but if we are just looking into the future and all stores are already done in adoption of bitcoin then for sure paypal will adopt it also. You are right, it depends on how you are going to use and need them.

Even though many stores starts accepting bitcoins but as a buyer If I don't know that store or first time visiting the site then as a buyer I will not use bitcoins because don't know whether they will ship the items or not. In that case, I still go with Paypal. Off course If the site is reputed then no problem in using bitcoins like I am already using bitcoins to buy gigs in Fiverr.

[mirakal]

Bitcoin is much profitable than paypal and i think that bitcoin has a possibility to be the worlwide currency

i agree with you that bitcoin is much more profitable than paypal and you are right that bitcoin is worldwide currency and bitcoin is available in everywhere for online shopping so i also recommend that bitcoin is good than paypal.

It all depends on your needs. If you want a good investment option, then Bitcoins are much better than Paypal. But if you're looking to buy something online from some unknown person then I recommend to use Paypal because they protect you from any scams. If you use Bitcoins to buy from an unknown person, then they may scam you and may not return your money as well. So both of them got advantages and disadvantages, and I use both for different purposes.

We can't remove that fact that a lot of stores are more relying into the usage of paypal for the payments. Because they are still not able to adopt bitcoins, but if we are just looking into the future and all stores are already done in adoption of bitcoin then for sure paypal will adopt it also. You are right, it depends on how you are going to use and need them.

Even though many stores starts accepting bitcoins but as a buyer If I don't know that store or first time visiting the site then as a buyer I will not use bitcoins because don't know whether they will ship the items or not. In that case, I still go with Paypal. Off course If the site is reputed then no problem in using bitcoins like I am already using bitcoins to buy gigs in Fiverr.

The truth is stores will not accept bitcoin if they do not have the right study that buyers will make their business profitable. That is how you make a feasibility study once you are in business. It's always considered to study the need first before putting a business.

Adoption rate will increase in the future.

[junder]

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

[diegz]

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

It's not anonymous, just close to it. But anyway, I think paypal is good too in some transaction, online shops won't accept it if it is not good, so I think there is an advantage of using paypal too in online transactions. But bitcoin is good when it comes to transaction fee, its low and there is no way that the one who send it could make that transaction return. So it is good in part of the merchant.

[freedomgo]

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

It's not anonymous, just close to it. But anyway, I think paypal is good too in some transaction, online shops won't accept it if it is not good, so I think there is an advantage of using paypal too in online transactions. But bitcoin is good when it comes to transaction fee, its low and there is no way that the one who send it could make that transaction return. So it is good in part of the merchant.

Paypal is legitimate means regulated by the government, while bitcoin is anonymous so it's just right that a legitimate business will ensure that they are also transacting with a legitimate business. That is to protect their clients and their business on the possible future law suit.

[miakama]

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

It's not anonymous, just close to it. But anyway, I think paypal is good too in some transaction, online shops won't accept it if it is not good, so I think there is an advantage of using paypal too in online transactions. But bitcoin is good when it comes to transaction fee, its low and there is no way that the one who send it could make that transaction return. So it is good in part of the merchant.

Paypal is legitimate means regulated by the government, while bitcoin is anonymous so it's just right that a legitimate business will ensure that they are also transacting with a legitimate business. That is to protect their clients and their business on the possible future law suit.

The Paypay can also use the bitcoin if the bitcoin becomes more popular. It is not worth their effort now.

[BitHodler]

I just wanna say that Bitcoin is the best than paypal.
Bitcoin is anonymous and low transaction
No need require verification to use it.

Bitcoin is semi-anonymous. PayPal was never meant to be anonymous, so in that aspect, saying that Bitcoin is better than PayPal just because you think it's anonymous, doesn't really make sense.

PayPal's intention was to create a payment platform where people can transact with each other in a safe environment, where buyers even have the protection of performing a charge back in case they need it.

Whether or not we as Bitcoiners like PayPal is a different thing, but the average Joe is using PayPal on a massive scale. That's something you have to take in mind.

And yes, I can agree that PayPal's fee structure is on the higher side, especially when it comes to the sellers, but still, regular users and merchants keep using it.

In that aspect, PayPal doesn't seem to let them down when it comes to functioning as payment platform. People have enough choice. If they want, they can ditch PayPal, but they aren't doing that.