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Carlsen
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March 05, 2017, 04:16:58 PM |
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I don't consider any of them to be evil.
I have made good experiences with both of them, although I have made much more payments with paypal that I made with bitcoin.
Paypal is a business. The whole concern is built to make profit.
Bitcoin is no concern. But the miners, and they represent the most important part of bitcoin, they mine because they want to make profit as well.
For the user, the main difference is if they want to sell, or buy.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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iram3130
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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March 05, 2017, 04:26:40 PM |
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I don't consider any of them to be evil.
I have made good experiences with both of them, although I have made much more payments with paypal that I made with bitcoin.
Paypal is a business. The whole concern is built to make profit.
Bitcoin is no concern. But the miners, and they represent the most important part of bitcoin, they mine because they want to make profit as well.
For the user, the main difference is if they want to sell, or buy.
Actually the main difference is that in PayPal, there are people who decide what will happen with your transaction or money when someone makes a dispute. Bitcoin is definitely the lesser evil of the two. There are very less points to be considered as evil when it comes to Bitcoin. |
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Iranus
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March 05, 2017, 04:34:09 PM |
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Paypal allows chargeback fraud and is a feast for scammers
True but PayPal and Bitcoin are not comparable. Paypal is an unofficial means of transferring fiat currency, so the only comparable thing to Bitcoin with fiat currency is credit card transfer (and national banks). I think Bitcoin, however, cant be regarded as evil cuz its decentralized or semi-decentralized(china)
I don't believe that Bitcoin is evil, but it could definitely be regarded as evil because even though it's not controlled by one specific entity it's still founded on a set of principles and, like Paypal, could change at any time. Still, PayPal has control over your transactions, and this could be regarded as inherently evil, especially with its problems (e.g. chargeback fraud as mentioned). |
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xJuturna
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March 05, 2017, 04:43:07 PM |
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A lot of people will be biased in this matter and I won't lie and say I'm not. I've only had bad experiences with paypal and would prefer to never have to do business with them again. All the more reason for me to try my best and help bitcoin succeed.
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citywise2
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March 05, 2017, 05:17:09 PM |
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Yea i think paypal more evil than bitcoin because it is not allow in so many countries.
But bitcoin is in every country where there is an internet connection.
Bitcoin is more easy to buy or to sell but paypal is not easy .
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salmanahmedone
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March 05, 2017, 05:21:44 PM |
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A lot of people will be biased in this matter and I won't lie and say I'm not. I've only had bad experiences with paypal and would prefer to never have to do business with them again. All the more reason for me to try my best and help bitcoin succeed.
People commenting here are mostly the bitcoin lovers and they will prefer bitcoin of course. Paypal is also not a bad service as it has been around for a long time. |
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avikz
Legendary
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Activity: 3080
Merit: 1499
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March 05, 2017, 05:29:27 PM |
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I don't think bitcoin can be compared with paypal in any way because paypal is not a currency. While bitcoin is a currency itself, paypal is a service provider of internet transactions. Paypal is also regulated by a central authority and several other country regulations. Bitcoin is decentralized and no one is actually controlling the bitcoin.
That's true that bitcoin is used by many criminals and for many illegal transactions. But bitcoin is far more potential than we can actually think off. Take it as an investment for another 5 years and you will see the magic. That's exactly is where I am heading.
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globe-biz
Member
Offline
Activity: 162
Merit: 10
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August 24, 2017, 06:13:10 PM |
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Bitcoin is not evil, the governments who want to put the world into financial slavery, they are evil
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CryptoBry
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August 24, 2017, 06:42:59 PM |
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I think Bitcoin is less evil than PayPal. There are now also many scammers and hackers who are using Bitcoin but it is not usually the fault of Bitcoin why these people exist...we just have to be careful not to be victims of these bad people as it is impossible to get rid of them. PayPal has the power to do whatever they want especially if they suspect you of doing something they "feel" can be illegal or against the TOS.
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gabbie2010
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August 24, 2017, 07:24:37 PM |
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Chargeback in PayPal is to curtail frauds which is necessary to prevent scammers, meanwhile the verification processing and restrictions of paypal to some countries is a major set back of which bitcoin has no restrictions and there is no cumbersome verification processing which makes bitcoin to have an egde over PayPal.
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reflector
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August 24, 2017, 07:33:08 PM |
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I don't think bitcoin can be compared with paypal in any way because paypal is not a currency. While bitcoin is a currency itself, paypal is a service provider of internet transactions. Paypal is also regulated by a central authority and several other country regulations. Bitcoin is decentralized and no one is actually controlling the bitcoin.
That's true that bitcoin is used by many criminals and for many illegal transactions. But bitcoin is far more potential than we can actually think off. Take it as an investment for another 5 years and you will see the magic. That's exactly is where I am heading.
There are too much trolling bitcoin by bitcoin user itself here in the forum. If you more concern about altcoin. There are many threads in that you can tell bitcoin at there not in this section at all. PayPal is the spammy and scam attack and they done many email scam and many more. But blockchain does not have this mind of experience with anyone. |
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Pab
Legendary
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Activity: 1862
Merit: 1012
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August 24, 2017, 07:52:35 PM |
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PayPal is not evil,PP is stupid,BTC is not online wallet it is currence,Your question is very stupid
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cybersofts
Copper Member
Sr. Member
Offline
Activity: 658
Merit: 284
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August 26, 2017, 04:11:17 PM |
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PayPal is full of shit! Don't want to even hear its name because PayPal robs people money in one way other. One thing I hate about PayPal is nobody is safe with PayPal no matter how rich or safe you think you are PayPal will still rob you and steal your hard earn money.  |
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franco123
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September 03, 2017, 07:20:26 AM |
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I really dont think any of these are evil because they are all meant to be there and be used in descretion of people. And if you have an account already, your job is to be careful on your transactions to avoid the scammers. There is no need to blame anyone as the only one resonsible to these transactions are the users themselves. Just like in a regular transaction in a store or something and we should who we buy to to also avois scams. It just so happens that in bitcoin and in paypal, transactions are through digital and throug online accounts.
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Singbatak
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September 03, 2017, 07:50:23 AM |
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If evil is to be discussed. In bitcoin there are many. Because almost millions of people around the world experience it as investment sites use bitcoins to steal money. And they can not get it back because they do not know who gets their money. Unlike paypal when you send it you can still recover it. Maybe the difference between the two is because the company is paypal and the bitcoins are a decentralized run because of people
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chixka000
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September 03, 2017, 07:54:34 AM |
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If we consider Paypal evil (I do), should we consider Bitcoin less evil?
Paypal allows chargeback fraud and is a feast for scammers
Then again
Bitcoin doesnt allow chargebacks and is a feast for scammers because of that
I think Bitcoin, however, cant be regarded as evil cuz its decentralized or semi-decentralized(china)
what do u think fellow people of Bitcointalk?
~CfA~
There were actually alot mate more than you think. Actually when it comes to illegal(evil propaganda) bitcoin is the easiest way to use as a payment option rather than paypal because bitcoin transactions are harder to track. |
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jostorres
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September 04, 2017, 03:54:25 PM |
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If we consider Paypal evil (I do), should we consider Bitcoin less evil?
Paypal allows chargeback fraud and is a feast for scammers
Then again
Bitcoin doesnt allow chargebacks and is a feast for scammers because of that
I think Bitcoin, however, cant be regarded as evil cuz its decentralized or semi-decentralized(china)
what do u think fellow people of Bitcointalk?
~CfA~
There were actually alot mate more than you think. Actually when it comes to illegal(evil propaganda) bitcoin is the easiest way to use as a payment option rather than paypal because bitcoin transactions are harder to track. I won't deny you for once but it is very wrong and inappropriate to judge bitcoins by taking only one point in consideration. PayPal is more of a help when you want to track someone but not all of us are criminals. For a person like me, I want two properties in big transactions. They should be fast and cheap. Bitcoins provide me with this. |
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MercuryProtocol
Newbie
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Activity: 14
Merit: 0
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September 04, 2017, 07:36:31 PM |
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How can Bitcoin be evil when it doesn't even have a main controller?
I don't agree with ya mate
:/
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IamHigh
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September 04, 2017, 07:39:32 PM |
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If evil is to be discussed. In bitcoin there are many. Because almost millions of people around the world experience it as investment sites use bitcoins to steal money. And they can not get it back because they do not know who gets their money. Unlike paypal when you send it you can still recover it. Maybe the difference between the two is because the company is paypal and the bitcoins are a decentralized run because of people
Paypal is more secure compared with bitcoin, as you mention, there are more devils in bitcoin. These are called scammers and it's not possible to reverse our transactions after get scammed or got our money stolen. In paypal, there is chargeback function to get our money back. |
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Vaskiy
Legendary
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Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
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September 04, 2017, 07:42:53 PM |
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If evil is to be discussed. In bitcoin there are many. Because almost millions of people around the world experience it as investment sites use bitcoins to steal money. And they can not get it back because they do not know who gets their money. Unlike paypal when you send it you can still recover it. Maybe the difference between the two is because the company is paypal and the bitcoins are a decentralized run because of people
Paypal is more secure compared with bitcoin, as you mention, there are more devils in bitcoin. These are called scammers and it's not possible to reverse our transactions after get scammed or got our money stolen. In paypal, there is chargeback function to get our money back. Yes, PayPal is considered more secure because of the functioning happening under a centralized platform where users have got the opportunity to demand if something goes wrong. With bitcoin the situation is different that, we can't question it to anyone if something goes wrong. |
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