Is bitcoin better or paypal?

[coinplus]

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.

Well in that case, not all people they like bitcoin vice versa with Paypal, Perhaps maybe to other's Paypal was like a nightmare to them vice versa with bitcoin too. Only the difference was in terms of the features of each one Bitcoin is prevailing though I'm not saying Paypal is not good. They are are both helpful but in terms of services bitcoin was still prevailing. This is just my opinion only

I also have a poor past with paypal and hence I hate them, I sold someone my domains and he paid through paypal and after 1 day he just charged back and I lost as paypal asked for bills which I did not had. I since then never used them again and nor will use ever

i think it is different from person to persona and place to place as because paypal is not available everywhere so ins such area bitcoin is the best option as bitcoin is present everywhere and its transaction fee is also less than paypal.

I disagree that due to only popularity bitcoin is more suitable as compared to PayPal. In one way PayPal may be more secure and it follow some terms and conditions and has limited people to transfer and gamble money here and there, which may be good in some sense.

But on the other hand, bitcoin is not limiting you and the people who are earning good using bit coin have no issues while getting their money out. So, I prefer using bit coin instead of PayPal for people who don’t want any restrictions on their money and for people who wants some security can use PayPal.

[Mr.grin]

so far, I see that PayPal users are still more than bitcoin users. perhaps, because paypal is a payment that has been recognized and has been legalized by many countries, so that business users or investors in the Internet are more trusting than bitcoin paypal.

[xIIImaL]

so far, I see that PayPal users are still more than bitcoin users. perhaps, because paypal is a payment that has been recognized and has been legalized by many countries, so that business users or investors in the Internet are more trusting than bitcoin paypal.

This can be recovered by bitcoin once it has been announced as legal currency in the country. Since PayPal has involved in many email and site scams, people are behind the PayPal. Bitcoin is cen times better PayPal. More convenient and very low fees to transact your money to any country using the btc wallets. Till bitcoin reaches to laymen they will scratch and earn from the people with the high fees.

[hurain]

In simple words, PayPal is a bank and Bitcoin is an asset. So you're comparing two things un-comparable things like Gold and Bank.

These two can only be compared in terms of sending/receiving fee, and in that case, bitcoin is still far better.

I think the bitcoin is both a bank and a payment system.

we can not compare paypal with bitcoin because bitcoin is very profitable currency and we know maximum people invest their money in bitcoin and then wait for higher value of bitcoin for getting profit and it is a great feature of bitcoin so bitcoin is profitable currency and paypal is just payment system.

yes everyone has their own opinion and to me i will also say that bitcoin is more good than paypal as bitcoin can give us good profit if the price of bitcoin goes up and secondly we can use bitcoin everywhere in the world.

[Soul Reaper]

Even though bitcoin has achieved a lot in very less time damn.
It a slot more to conquer if we compare it to PayPal.
It has to overcome the billiion dollar marker of PayPal to become even greater.
Some reasons why bitcoin is better than PayPal are-
1)Low fees-this is certainly true as PayPal has been notorious for imposing hefty transaction fees on users of about 3%.
2)More options -With PayPal, users are locked into the fiat currency paradigm such as the US dollar, which will continue to lose value over time.
3)Being global-PayPal is not available in every country with notable exceptions being Iran, Afghanistan, North Korea, and Haiti.

Bitcoin on the other hand is the first true transnational currency because it is border-agnostic like the Internet. In other words, it can be controlled to an extent on a very local level but cannot be shut down globally unless electricity is shut off everywhere in the world.
4) Decentralised -The decentralized nature of Bitcoin means that there is no single clearing house monitoring and controlling the network.
5) Privacy - PayPal users as they are required go through the burdensome process of filling out long forms to prove where the money came from and what it will be used for. This is particularly true for international users.

[bravehearth0319]

I use both for different purposes but to store money there is NO doubt that bitcoin is better ofcourse because paypal can be annoying.
Paypal often freezes your funds which sucks cause its your own money. Bitcoin never does this and bitcoin has no transaction fees either so win win.

I would prefer to choose bitcoin, because of the features it has like decentralization, security, easy to use, then every transaction it has low charge of fee's. Compare to paypal, it have many requirements to be needed in terms of every transaction you are going to made.

[SamsungBitcoin]

For now i think yes bitcoin is much better than paypal even paypal is much adopted by more country, because we can easily earn money in bitcoin and that is much prefer for more people nowadays and also the value of bitcoin are continuous increasing while in paypal they used only dollar currency which is very stable value.

[Question123]

For now i think yes bitcoin is much better than paypal even paypal is much adopted by more country, because we can easily earn money in bitcoin and that is much prefer for more people nowadays and also the value of bitcoin are continuous increasing while in paypal they used only dollar currency which is very stable value.

Yes I totally agree with you  . Bitcoin is now better than paypal. In bitcoin you can earn money because of the price is continiously increasing. Many people also are using bitcoin to send and recieved money paypal every year become less bitcoin user very year are increasing. Yes dollars price is very stable price . Bitcoin have many use you can use also in business  and other purposes. So I choose bitcoin.

[Yatsan]

In terms of security features I will go in paypal and if in the transactions I will go in bitcoin because the transaction in bitcoin will keep you anonymous and in paypal is not. And in terms of investment and profit matter of course with bitcoin because the price of bitcoin is pumping and dumping and in paypal is not that high.

[darthmaul]

I always prefer bitcoin wallet for saving my money. And I use PayPal to transact my converted bitcoins into my bank account. However bitcoin is more favoured due to its anonymity and security. Just imagine almost no wallet asks you for your personal documents and you can still trade big volumes of money and that too any where in the world. Due to it's decentralisation it is more easy to use as compare to PayPal. But at any point you need both of them. It's just which one is more preferable. For me bitcoin comes first then PayPal. 

[giveen]

Hey to actually be truthful you can't compare the two as they have their own features which some may like and some may not. Take the case of bitcoins how many people get scammed and there's nothing they can do about it because the money was sent but the service or product was never delivered. While in PayPal getting scammed is most of the time impossible. Of course there are users who misuse paypal protection feature but end of the day it's upon the user which on he wants to use for making payments.

[blackhawkeye1912]

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.

Actually, bitcoin is really better than Paypal. Because bitcoin is can use in any trading exchanges platform, bitcoin has value increase and decrease, and bitcoin is kind of currency which is digital or virtual payment while Paypal is not like what bitcoin has. Therefore, its good to use it than paypal.

[stephanirain]

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.

Actually, bitcoin is really better than Paypal. Because bitcoin is can use in any trading exchanges platform, bitcoin has value increase and decrease, and bitcoin is kind of currency which is digital or virtual payment while Paypal is not like what bitcoin has. Therefore, its good to use it than paypal.

You have a point. However, what more likely the reason why bitcoin is better than paypal its anonymity. We all know that in a fiat wallet such as paypal, neteller, skrill and etc, you have to state your information and verify your information. You also have to make a statement every time you are going cashing out which is certainly inconvenient. Unlike in bitcoin, they wouldn't ask for your identification, where your money cam from, and etc. They wouldn't also reveal your email address since it is a sensitive information than can be hacked.

[cardoyasilad]

I have not encountered any problems with bitcoin as of now so probably I'll go with bitcoin you can claim yout funds instantly unlike in paypal was my bad experience wait for long time

[jossiel]

I have not encountered any problems with bitcoin as of now so probably I'll go with bitcoin you can claim yout funds instantly unlike in paypal was my bad experience wait for long time

Well the most problem that everyone is only experiencing is the delay of confirmation and for me, it's just a normal thing.

Since my client that has been paying me with PayPal for almost 5 years stops using PayPal anymore, I can say that bitcoin is better.

When it comes to the fees and liquidity of transaction, we are all safe from it. And it's not reversible where you need to be responsible before transacting.

[carlfebz2]

I have not encountered any problems with bitcoin as of now so probably I'll go with bitcoin you can claim yout funds instantly unlike in paypal was my bad experience wait for long time

Well the most problem that everyone is only experiencing is the delay of confirmation and for me, it's just a normal thing.

Since my client that has been paying me with PayPal for almost 5 years stops using PayPal anymore, I can say that bitcoin is better.

When it comes to the fees and liquidity of transaction, we are all safe from it. And it's not reversible where you need to be responsible before transacting.

Confirmation times would really be a big problem in upcoming future when all or most people would do use bitcoin on transactions because it would really congest the network which would cause on more delays on confirmations which isnt good at all but inspite of delay we can still assure that payments would really go to our account.

[fullypak]

I have not encountered any problems with bitcoin as of now so probably I'll go with bitcoin you can claim yout funds instantly unlike in paypal was my bad experience wait for long time

Well the most problem that everyone is only experiencing is the delay of confirmation and for me, it's just a normal thing.

Since my client that has been paying me with PayPal for almost 5 years stops using PayPal anymore, I can say that bitcoin is better.

When it comes to the fees and liquidity of transaction, we are all safe from it. And it's not reversible where you need to be responsible before transacting.

Confirmation times would really be a big problem in upcoming future when all or most people would do use bitcoin on transactions because it would really congest the network which would cause on more delays on confirmations which isnt good at all but inspite of delay we can still assure that payments would really go to our account.

The disadvantages of Bitcoin is confirmation time, and if we do the wrong transaction, we don't have any source to find to whom we sent money. For PayPal, they have customer support to solve our issues but Bitcoin we don't have any support. Other than this Bitcoin is ok to do any business.

[Sled]

I have not encountered any problems with bitcoin as of now so probably I'll go with bitcoin you can claim yout funds instantly unlike in paypal was my bad experience wait for long time

Well the most problem that everyone is only experiencing is the delay of confirmation and for me, it's just a normal thing.

Since my client that has been paying me with PayPal for almost 5 years stops using PayPal anymore, I can say that bitcoin is better.

When it comes to the fees and liquidity of transaction, we are all safe from it. And it's not reversible where you need to be responsible before transacting.

Confirmation times would really be a big problem in upcoming future when all or most people would do use bitcoin on transactions because it would really congest the network which would cause on more delays on confirmations which isnt good at all but inspite of delay we can still assure that payments would really go to our account.

The disadvantages of Bitcoin is confirmation time, and if we do the wrong transaction, we don't have any source to find to whom we sent money. For PayPal, they have customer support to solve our issues but Bitcoin we don't have any support. Other than this Bitcoin is ok to do any business.

I agree.. confirmation time is one of the disadvantages because sometimes, it takes a lot of time in order to fully received the bitcoin or the money that have been sent and also anonymity can be a downside because as you said, you can't tell where the money you sent will go because if you put wrong address then all you can do is say goodbye. But it is all depend in the user, if user will pay more satoshi in fees then it will become faster and if the user is very careful with the inputs then there will no problem.

[jossiel]

I have not encountered any problems with bitcoin as of now so probably I'll go with bitcoin you can claim yout funds instantly unlike in paypal was my bad experience wait for long time

Well the most problem that everyone is only experiencing is the delay of confirmation and for me, it's just a normal thing.

Since my client that has been paying me with PayPal for almost 5 years stops using PayPal anymore, I can say that bitcoin is better.

When it comes to the fees and liquidity of transaction, we are all safe from it. And it's not reversible where you need to be responsible before transacting.

Confirmation times would really be a big problem in upcoming future when all or most people would do use bitcoin on transactions because it would really congest the network which would cause on more delays on confirmations which isnt good at all but inspite of delay we can still assure that payments would really go to our account.

I can see that mostly everyone are going to complain about it and if there are people that will be needing their coins instantly, they will be frustrated.

But I guess it's better to wait for the delay of confirmation rather than to wait for days with the confirmation of PayPal upon bank transferring.

Also PayPal's charge is quite high comparing with the fee of bitcoin transactions.

[danherbias07]

I have not encountered any problems with bitcoin as of now so probably I'll go with bitcoin you can claim yout funds instantly unlike in paypal was my bad experience wait for long time

Well the most problem that everyone is only experiencing is the delay of confirmation and for me, it's just a normal thing.

Since my client that has been paying me with PayPal for almost 5 years stops using PayPal anymore, I can say that bitcoin is better.

When it comes to the fees and liquidity of transaction, we are all safe from it. And it's not reversible where you need to be responsible before transacting.

Confirmation times would really be a big problem in upcoming future when all or most people would do use bitcoin on transactions because it would really congest the network which would cause on more delays on confirmations which isnt good at all but inspite of delay we can still assure that payments would really go to our account.

I can see that mostly everyone are going to complain about it and if there are people that will be needing their coins instantly, they will be frustrated.

But I guess it's better to wait for the delay of confirmation rather than to wait for days with the confirmation of PayPal upon bank transferring.

Also PayPal's charge is quite high comparing with the fee of bitcoin transactions.

That is totally correct. I got so frustrated with Paypal I dont want to use it anymore. If only there will be more options to get the money in my line of work.
They dont accept bitcoin payment yet and even skrill or neteller. I think this should be the change that must be done. Widen the options and not just Paypal which is so selfish and just want transaction to be theirs.