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Author Topic: Is Bitcoin less evil than PayPal?  (Read 5276 times)
zend7
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September 21, 2016, 07:19:27 PM
 #41

Paypal is a true evil. So it's Ebay. Both of these websites can limit your account if they feel like it without giving you real reason behind this investigation, or they can come up with some funny story.

In this sense trust me bitcoin is an angel compared to Paypal and alike services. You only have to be careful and you need to know very well with whom you are dealing with. Always use escrow when using bitcoin.

Bitcoin is much much better than Paypal in the end.
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September 21, 2016, 07:22:08 PM
 #42

Paypal is a true evil. So it's Ebay. Both of these websites can limit your account if they feel like it without giving you real reason behind this investigation, or they can come up with some funny story.

In this sense trust me bitcoin is an angel compared to Paypal and alike services. You only have to be careful and you need to know very well with whom you are dealing with. Always use escrow when using bitcoin.

Bitcoin is much much better than Paypal in the end.

Bitcoin is a currency. Paypal is a business firm same with EBay. Why compare this two?

They are facing legal terms that's why they need at least a personal details of their users. Remember that clients security is the main purpose of those reputable online business firm.

And besides, if Paypal and Ebay are true evil, why still many people attached to this websites up to today?

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September 21, 2016, 07:26:01 PM
 #43

Those people who are saying Paypal is evil really has a bad experience on the site. But Paypal does make actions if a user found wrong.

Didn't people know that chargeback sometimes helpful. Also if people don't like the idea of chargeback then please stop exchanging Paypal funds to bitcoin directly on any person.
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September 21, 2016, 08:00:32 PM
 #44

Paypal is a true evil. So it's Ebay. Both of these websites can limit your account if they feel like it without giving you real reason behind this investigation, or they can come up with some funny story.

In this sense trust me bitcoin is an angel compared to Paypal and alike services. You only have to be careful and you need to know very well with whom you are dealing with. Always use escrow when using bitcoin.

Bitcoin is much much better than Paypal in the end.

Bitcoin is a currency. Paypal is a business firm same with EBay. Why compare this two?

They are facing legal terms that's why they need at least a personal details of their users. Remember that clients security is the main purpose of those reputable online business firm.

And besides, if Paypal and Ebay are true evil, why still many people attached to this websites up to today?

I want to say it again that Ebay and Paypal are true evil and although I use both websites only for occasional buying (pc parts mainly) I know a lot of people who have problems.

If you want to sell something in Ebay (digital goods) than there is arbitrary decisions going on. Some sellers get banned for this, some are freely going on and both sellers are selling the same product.

If you start to make money in Paypal with different online ventures you risk to get your account freeze.

In Ebay once they limit your account you cannot sell anymore anything there. I agree though for buying ebay and paypal are good but only for buying not for selling or for making money.

In bitcoin such things don't happens. You are in charge as you are your own bank. Of course a lot more websites are needed where we can pay with bitcoin.

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September 21, 2016, 08:21:07 PM
 #45

Paypal : Chargebacks - this actually helps a lot for consumer protection and fraud.
Bitcoin : No Chargebacks - all transactions are final. no ifs, no buts. You're responsible for your money.

* Both are just tools, it's up to how people use it. Besides, PayPal is just a service so whether support/fees/rules/terms are good or bad it's up to you if you want to use it.
* So, I think both have their own points.


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September 21, 2016, 08:25:20 PM
 #46

i think bitcoin is not an evil but it is a blessing, and we should respect that blessing, it really give me a good profit and also control my expenses, i consider it as my side business and also give good time to it.
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September 21, 2016, 08:26:47 PM
 #47

I understand your point of view about paypal and yeah we can say that paypal is harder to use and to maintain the account on a good and stable because they block or limit the account for different reasons which sometimes are very unnecessary, but with bitcoin it can happen too if we use third party apps.
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September 21, 2016, 08:37:42 PM
 #48

I think when bitcoin have a more features like chargeback, it will make bitcoin more safety. Paypal have that features and get many positive feedback.

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September 21, 2016, 08:44:48 PM
 #49

Yes i consider paypal is more devil than bitcoin imao paypal is number payment method in online shop where dont need to use escrow and you can refund your payment once it send its not like bitcoin it is more safer than payal and bitcoin has more big future than paypal
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September 21, 2016, 08:45:01 PM
 #50

Bitcoin is not "evil" and it isn't "good"/"virtuous" or whatever the opposite of evil is.

I personally hate paypal, myself and would never use it again ever since they locked my account for using it in the past for receiving payment for fantasy football winnings back when that kind of thing wasn't allowed. I had to go through a bunch of hoops in order to get my account unlocked and my money out.

With paypal, you have to agree to their terms of use and are subject to whatever is in those terms of use.

With bitcoin, their is no terms of use which you are beholden to. You are free to use it how you want.

That's one of the ways I see bitcoin vs paypal.
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September 21, 2016, 09:10:51 PM
 #51

I think it is because there is no real mind after it and it has a good market is getting bigger plus the fee's are also less more than PayPal.
I think the bitcoin is due to that way better than PayPal.
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September 21, 2016, 09:19:41 PM
 #52

Bitcoin is not at all evil if compared with PayPal, and it can never be as it's a technology, not controlled by anyone. I remember the days PayPal used to be a big headache for me, and for most of the online sellers, specially if you are from any worse country. Limitations, reversals, disputes, everything filled in with a big quantity.

I still use PayPal, but the usage of it has been declined. Since I keep two options for the customers to pay me with, bitcoin and PayPal, the ratio has now become somewhat like 50% 50%.
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September 21, 2016, 09:33:44 PM
 #53

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?


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I don't know, some people use this chargeback to scam others peoples. Don't know if it's good or not this system.

You have to trust the seller, that's the basic.
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September 21, 2016, 09:53:08 PM
 #54

I have never been a victim of PayPal's evil nature, but I still think they suck.  Ebay too.  But you know, I still use them.  Ebay is the place to get anything, and PayPal is convenient (except for the fees if you're a seller).  It's a good thing that those two companies split apart, because it was even worse when Ebay owned PayPal. 

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September 21, 2016, 09:58:43 PM
 #55

Just think on this forum and any other place no one do trade/exchange of bitcoin with paypal because of their charge-back feature. It shows that people do not like that feature and there is a harm with that feature so not it better that we do not get that feature in bitcoin. Those people who want to deal in bitcoin should have to use escrow so that no one can scam them.
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September 21, 2016, 10:07:42 PM
 #56

I think when bitcoin have a more features like chargeback, it will make bitcoin more safety. Paypal have that features and get many positive feedback.

This is not what bitcoin users would like to see to bitcoin, especially for this reason I consider better bitcoin than paypal, in some cases it is good for the sellers but it's not good at all for the buyers.
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September 21, 2016, 10:16:26 PM
 #57

Bitcoin is a clean, pure currency. The people decide the value, it is decentralized, and all spending is transparent. What makes anything good or evil is what it does or what is done with it. The Bitcoin technology can not be held accountable for what it is used for but, Bitcoin sure does make it a lot easier to see how it was used correctly or incorrectly.
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September 21, 2016, 10:20:11 PM
 #58

I don't know much about paypal, I never used this service in my life. And that is all what paypal is service for dollars, as I know they don't support other currencies. They are not evil, just a company for making profit, and in return they provide some reliefs. Don't know why would anyone think that paypal can be evil, people that running that company can be evil, some of customers can be evil.
Also for bitcoin to be less evil then paypal, I need to admit that I don't understand this analogy. This things are here to make some things easier and better.

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September 21, 2016, 10:27:34 PM
 #59

Just think on this forum and any other place no one do trade/exchange of bitcoin with paypal because of their charge-back feature. It shows that people do not like that feature and there is a harm with that feature so not it better that we do not get that feature in bitcoin. Those people who want to deal in bitcoin should have to use escrow so that no one can scam them.
Chargeback features on a payment medium that can be used to exchange fiat money for another fairly liquid currency is a terrible idea, and I don't know why anyone would think that's a good idea. You might as well be giving someone money and asking them if they want to take it back or not half the time.
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September 21, 2016, 11:23:04 PM
 #60

if you think paypal is evil then bitcoin is more evil, because there are more evil attempts like scam, fraud, ponzi in bitcoin and there are no way you can get your money once you already being scammed, in paypal maybe there is still a way to stop scammer, but in bitcoin its a wild world


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