Paypal is growing faster than Bitcoin

[unamis76]

Who dont know or had used paypal before?Paypal has regulamentacion and is accepted everywhere and is a company with a long history record

Banks also have regulamentation and they're companies with long track records.

with paypal you are also safe, when you do tranzaction online easy can chargeback

Is chargeback safe?

[RealBitcoin]

First they join PP to familizarize with online payments, and then join BTC.


I can imagine african people who never used online finance they need time adjusting before they feel comfortable. And then they join BTC too after certain time.

[bitlancr]

It's normal since paypal is just so old skool.

It's like you are an old person and don't know something new is around.

My guess is bitcoin will soon compete with the big payment processors.

[rezilient]

Government hates BTC
Media shows that BTC is being used for illegal activity - i've watched in an ending of CSI series where he killed his brother over a BTC because i think his brother hacked his wallet and stole his BTC 
some average joes/people who don't know much about the internet world and pretty much they would stay away from what they can't understand.
 In my country most of the population don't even know what is a Paypal.

[mirana12345]

There is more than just one reason why it's so.

-Almost, ( if not every ) online merchant is accepting paypal, whereas most of them don't even know what bitcoin is.
-As technology advances and spreads into every home, it's only natural that number of online purchases increases as well, and with it of course, the most common way of paying
-With bitcoin, you can only spend money that you have as there's no line of credit, and people bind bank cards with paypal and spend on line of credit

[countryfree]

Several people said that BTC and Paypal cannot be compared and they're entirely right. BTC's vastly superior, it's a currency besides being a fantastic way to exchange money electronically between 2 distant people. I also add that Paypal is old technology, so how come its user base keeps on growing fast and big?

If we look at Twitter, it's leveling while the newer Snapchat app is gaining millions of new users each month. The same thing not happening to BTC, people giving up old tech to adopt the newer and better one, just shows there's something wrong with BTC. Better fix it soon. What can we do to help?

[Btcforall]

There's another topic comparing the 2: https://bitcointalk.org/index.php?topic=1260666.0

The subject here is that between 2014 and 2015, Paypal gained 16 millions new users (https://www.paypal.com/us/webapps/mpp/about). There's no way to be sure as it's impossible to count how many users BTC has, but I believe it's more than BTC. Much more. So I'm asking why? And ultimately, what can be done to reverse this trend?

Since BTC is cheaper to use, I guess Paypal is more successful because it's better at making its users feel safe, without any dark cloud/block size issue above their heads.

I sincerely believe BTC's one hundred times better than Paypal because it's a currency, and unregulated, but something clearly has to change. I've been here long enough to remember guys writing that BTC would kill Paypal, it hasn't, and it doesn't look that it will.

PayPal is a money processor while bitcoin is a money itself.You cant compare the two.It is like saying more people use USD than PayPal would it be a fair comparison?

[partysaurus]

There's another topic comparing the 2: https://bitcointalk.org/index.php?topic=1260666.0

The subject here is that between 2014 and 2015, Paypal gained 16 millions new users (https://www.paypal.com/us/webapps/mpp/about). There's no way to be sure as it's impossible to count how many users BTC has, but I believe it's more than BTC. Much more. So I'm asking why? And ultimately, what can be done to reverse this trend?

Since BTC is cheaper to use, I guess Paypal is more successful because it's better at making its users feel safe, without any dark cloud/block size issue above their heads.

I sincerely believe BTC's one hundred times better than Paypal because it's a currency, and unregulated, but something clearly has to change. I've been here long enough to remember guys writing that BTC would kill Paypal, it hasn't, and it doesn't look that it will.

cant see how you can compare btc to paypal. 2 diffrent services one handle online payments with fiat money, one handles a digital currency. one has been around for like ever it feels like and one is "new".
why dont we compare why more people watched star wars episode 7 than star wars episode 4....

[btcprospecter]

I have been using PayPal for years and can remember when some people were dubious of it. Ramblings of I wouldn't trust any company with my details, how the times have changed there can't be many people that don't use PayPal now. Bitcoin is relatively still in its infancy as more and more people learn of the benefits of bitcoin it's user Base will grow aswell.

[owm123]

Of course PayPal ia growing faster and enjoys more popularity from the people. It's just normal. I also believe Bitcoin is much better than PayPal, but we need to convince the average Joe's of this world to give Bitcoin a fair chance. But how........

Good start would be to educate journalists and media to stop writing that bitcoin is dead, bitcoin failed, bitcoin is used only for drags and money laundering, etc.

Average joe before putting any hard earn fiat money into bitcoin, will google it. And if only links he seas recently are that bitcoin failed or is dead, or used by terrorist, then its easy to guess that he will just avoid it.

[joinal]

nope, I think paypal was the one who walks in place, users paypal slower growth, in contrast with bitcoin, very fast

[mixan]

Paypal is universal and you do not have to convert to get money that you can use right away.
It can be linked to your bank account so there is no need for any middle man to do any sort of transaction. This is were bitcoin lacks in it's usability unfortunately. 

[Hazir]

You know why PayPal is growing faster than bitcoin? Because it is a company with goals, contracts, budget for promotion and advertisement.
While bitcoin is like ship without a captain, drifting around in random direction, no plan, no will to evolve. Of course PayPal will win.

[fortunecrypto]

There's another topic comparing the 2: https://bitcointalk.org/index.php?topic=1260666.0

The subject here is that between 2014 and 2015, Paypal gained 16 millions new users (https://www.paypal.com/us/webapps/mpp/about). There's no way to be sure as it's impossible to count how many users BTC has, but I believe it's more than BTC. Much more. So I'm asking why? And ultimately, what can be done to reverse this trend?

Since BTC is cheaper to use, I guess Paypal is more successful because it's better at making its users feel safe, without any dark cloud/block size issue above their heads.

I sincerely believe BTC's one hundred times better than Paypal because it's a currency, and unregulated, but something clearly has to change. I've been here long enough to remember guys writing that BTC would kill Paypal, it hasn't, and it doesn't look that it will.

There is an ongoing review on the rev share program community on mypayingads and if it is not resolve many share sites will stay away to paypal and accept bitcoin as alternative in fact many are now integrating bitcoin as one their payment processor,once that happen the market for bitcoin will grow..

[mixan]

You know why PayPal is growing faster than bitcoin? Because it is a company with goals, contracts, budget for promotion and advertisement.
While bitcoin is like ship without a captain, drifting around in random direction, no plan, no will to evolve. Of course PayPal will win.

They also have hired on developing staff from bitcoin companies to strengthen their company brand.
The former Xapo employee a few weeks ago was the last one to join the paypal ranks. So yes, paypal is on a mission and one they don't intend to lose to bitcoin that is going everywhere without a set path, as you just mentioned.

[Jeremycoin]

You know why PayPal is growing faster than bitcoin? Because it is a company with goals, contracts, budget for promotion and advertisement.
While bitcoin is like ship without a captain, drifting around in random direction, no plan, no will to evolve. Of course PayPal will win.

Bitcoin doesn't have a captain, but it has so many crews that more loyal than PayPal's crews.

[Imoote]

Of course PayPal ia growing faster and enjoys more popularity from the people. It's just normal. I also believe Bitcoin is much better than PayPal, but we need to convince the average Joe's of this world to give Bitcoin a fair chance. But how........

Yes I think paypal is indeed growing faster than the bitcoin because paypal is always updated. Although many conveniences bitcoin bitcoin good and still not balanced in the selling price, and it should be corrected. I think bitcoin could exceed paypal if handled more seriously.

[NorrisK]

Ofcourse you grow faster if you are more widely known.

Just look at how facebook was growing in its early days and how happy the team was when they hit 1 million users.. They were growing hundreds to thousands a day and now thye get tons of daily sign ups.

The bigger you are, the more potential growth speed you have.

Bitcoin will see it's exponential growth, im sure of that.

[the_poet]

Of course it's  growing faster: 99.9% of the online merchants accept it.

[Bitcoinpro]

There's another topic comparing the 2: https://bitcointalk.org/index.php?topic=1260666.0

The subject here is that between 2014 and 2015, Paypal gained 16 millions new users (https://www.paypal.com/us/webapps/mpp/about). There's no way to be sure as it's impossible to count how many users BTC has, but I believe it's more than BTC. Much more. So I'm asking why? And ultimately, what can be done to reverse this trend?

Since BTC is cheaper to use, I guess Paypal is more successful because it's better at making its users feel safe, without any dark cloud/block size issue above their heads.

I sincerely believe BTC's one hundred times better than Paypal because it's a currency, and unregulated, but something clearly has to change. I've been here long enough to remember guys writing that BTC would kill Paypal, it hasn't, and it doesn't look that it will.

In the Fiat world everything expands exponentially especially the bs