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Author Topic: Is Bitcoin less evil than PayPal?  (Read 5284 times)
Schuyler
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June 27, 2016, 05:27:47 AM
 #21

Bitcoin and paypal are both not evil, it is those who take advantage of them that are making evil deeds. Bitcoin or any other currency, can be used for any illegal activity and it is just an instrument, because it is neutral. The person who decides how to use it should be the one subject to scrutiny and not the instrument used for such wrongdoings.
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September 19, 2016, 05:23:23 PM
 #22

Bitcoin and paypal are both not evil, it is those who take advantage of them that are making evil deeds. Bitcoin or any other currency, can be used for any illegal activity and it is just an instrument, because it is neutral. The person who decides how to use it should be the one subject to scrutiny and not the instrument used for such wrongdoings.

Yea i agree with you. There nothing such an evil to this two sites. The real evil is the human being who takes advantage to both on this site. They use the site to scam other people for their own interest.
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September 19, 2016, 05:53:06 PM
 #23

PayPal and all these other centralized services are all about control. They have enormous power over people and the way they trade

online. They can determine what you can trade, when and where you can trade and how much you can trade. In Bitcoin you have nobody

making those decisions for you. You have a bigger risk with Bitcoin, because once that tx is confirmed, the funds will not be recovered.  Wink

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September 19, 2016, 05:56:41 PM
 #24

paypal is no comparison with bitcoin but i agree that before bitcoin came 95% of people uses paypal for their most of the transaction and that makes it a big company in the world i had too herd of paypal at my childhool and bitcoin is way much stronger, faster, anonymous and very very sager than paypal or any bank of any country
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September 19, 2016, 06:03:17 PM
 #25

Since i am still not experience any problem i think paypal its not a scam sometimes they are just halving a problem so always try to contact their support via call or wait for their call.. im sure that they can help you about your problem..

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September 21, 2016, 02:52:20 PM
 #26

I do not see the evilness behind Bitcoin or Paypal they are both in the things that they are meant for so I have nothing to complain about them.
I do not make use of Paypal but I can see why many people do make use of it.
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September 21, 2016, 03:00:36 PM
 #27

i like about bitcoin, that it doesn't matter to whom i send bitcoin and that there are no charge backs.
paypal is also expensive and they try to be the revolution that bitcoin is. go bitcoin  Grin
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September 21, 2016, 03:14:13 PM
Last edit: September 21, 2016, 03:56:11 PM by isen
 #28

I wouldn't use the word evil to describe pay pal but I prefer Bitcoin and there are three simple reasons why
1) You have 100% control and no one can freeze your funds(unless you are using an online wallet with strict rules like coinbase)
2) No insane fees
3) You don't have to deal with chargebacks
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September 21, 2016, 03:15:41 PM
 #29

Technology (Bitcoin) can't be evil, only people (PayPal). That's all.

In my opinion, the perception of PayPal is not originating from their mere provision to allow chargebacks. It's originating to some degree from the common practice to ignore the legitimate interests of sellers and refusing to justly take into consideration the real circumstances of a case. But it's mainly originating from their practice to freeze accounts for arbitrary reasons and to expose their users to full governmental surveillance.

Bitcoin is simply working like cash. It's up to the users to decide who is trustworthy and who is not. Bitcoin does away with nannyland and encourages people to take responsibility for their own decisions. That's a great thing.

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September 21, 2016, 03:30:52 PM
 #30

Can't say about the evil or non evil but one good feature of bitcoin is that, it is not monitored by any central authority. But all paypal transactions are monitored by the respective country's governing body and hence whatever you are earning through paypal, you have to declare it in the tax form.

On the other hand, if you can find a local trader for exchanging your bitcoin to local fiat currency, then no one is going to question you on that earning.  You enjoy the complete freedom.

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September 21, 2016, 03:36:02 PM
 #31

I don't consider Paypal to be evil, it's just a company and they will only do things that are in their best interest.
About accounts getting locked etc. I'm pretty sure that really only happens when they have a legitimate reason and if done in error, they will also unlock it.

That being said, I still think Bitcoin is better and I do hope that Bitcoin will overtake Paypal in terms of popularity.

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September 21, 2016, 03:46:53 PM
 #32

Paypal rips off people constantly with the ridiculous fees for no reason. To the contrary, Bitcoin is a decentralized network and the fees are going directly for the people that sustain it, there are no secrets in terms of where the fees are going to.
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September 21, 2016, 03:52:55 PM
 #33

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~

I wouldn`t say that paypal is evil.Paypal is actually very buyer-friendly because of the chargebacks. Grin

Paypal is evil only for the online sellers, who use it as a payment gateway.

Bitcoin definitely isn`t evil.It`s created for good. Smiley

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September 21, 2016, 03:53:39 PM
 #34

They aren't comparable and neither is evil. Paypal is a company going about making profit,  like many established companies they make a lot of stupid mistakes. Also like a lot of companies they play it aafe and don't look to the long term.  Paypal,  western union etc will lose more business as time goes on,  but the current shot makers there will still get their huge salaries and bonuses and will be gone way before these businesses no longer turn a profit.
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September 21, 2016, 04:00:39 PM
 #35

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 thatI think Bitcoin, however, cant be regarded as evil cuz its decentralized or semi-decentralized(china)
what do u think fellow people of Bitcointalk?
~CfA~

i don't think we can even use "evil" for either of them.
because bitcoin and paypal are two totally different things with nothing in common. and paypal may be considered bad but it is not evil it is just a different system with different sets of rules .
and charge back although it is the source of many frauds but also it is good sometimes when the sender is the victim of fraud.

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September 21, 2016, 04:15:02 PM
 #36

PayPal is service, there is nothing evil about it. Some people use it for evil purposes, but hey what is not used by evil people?
On other side bitcoin is currency, or asset, depends how someone think about bitcoin, and for me this new currency can be much better then fiat. I see potential, but time will tell how much will bitcoin succeed in conquering the world.
Money is evil generally, but I believe bitcoin is less evil then fiat, and all services that support fiat.



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September 21, 2016, 04:40:49 PM
 #37

I don't think so. It takes evil to recognize evil. To think that Bitcoin is somehow different from the rest of the system is a blatant case of religious superiority complex. You denigrate everyone else as drones while feeling smug about your own righteous ways. The current system is far from ideal but Bitcoin isn't perfect either. Bitcoin certainly is an improvement in many ways but it shouldn't be billed as the ultimate answer to everything wrong with the system.
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September 21, 2016, 05:00:57 PM
 #38

Well BTC is not owned by any 1 entity and there for it has no motives other than by those who use it. on that principal alone its less "evil" than paypal, which is designed to make profit for individuals
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September 21, 2016, 07:05:01 PM
 #39

I don't know about "Evil"  but I know bitcoin is more vendor friendly that PayPal as well as more direct, Don't send a payment if you are uncertain about it, Although the no-reversal rule can help scammers but people should use their judgment when sending BTC in the first place.
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September 21, 2016, 07:14:50 PM
 #40

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~
Paypal is evil for --Service charges.I'm not from the US,for any exchange through paypal,my payments are ripped off as service charges.A huge disappointment.I support bitcoin over the paypal crap anyday.It's sad to see 20% of my earnings are ripped off through various paypal stages until it reaches my bank account.

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