Will Bitcoin overcome Paypal?

[Abiky]

In my opinion, Bitcoin can overcome paypal only if all online sites starts accepting Bitcoin as a mode of payment. Bitcoin provides less fees,
and more advantages to merchants than using PayPal, So they would eventually shift towards the decentralized cryptocurrency.

Agree. The more merchants accept Bitcoin, the closer it will be to overcoming PayPal. However, Bitcoin is having a hard time to scale, leaving PayPal in the lead with its higher transaction speeds, and most of all, regulatory compliance. Since transactions can be reversed in PayPal, it gives it a fair advantage over Bitcoin. Perhaps, at some time in the future, Bitcoin would improve in fee cost and transaction speed, increasing traction in the business world.

When this comes, Bitcoin would become so popular that PayPal would have to implement BTC into their platform or be left behind. Despite this, I think that both are necessary depending on the users' needs. Whenever they want freedom over their money, they'll use Bitcoin. On the other hand, if they want to request claims or have protection over their money, they'll use PayPal. Just my thoughts

[gvnsrbtc]

As a payment source it will be much preferred than PayPal by certain users whi completely use bitcoin for all their needs. Others prefer PayPal for its chargeback option which gives an additional trust on making any sort of transaction through them with a little increase in fee.

[abutingting]

Bitcoin will sure does overcome Paypal. First if it will be globally accepted and will conventional money will truly be converted into a crypto currency because like Paypal in so many countries of course only because we use the conventional money worldwide. If there is chance that Paypal will enclosed an agreement to people behind Bitcoin it would be better that they could start a new way of money transformation.

[Moneypham5]

Historically, Bitcoin has overtaken Paypal, surpassing Bitcoin's unprecedented growth. Not only the advances in technology, the optimistic psychology of business activities of Bitcoin is generating positive feedback on the needs of customers, and similar in the future BTC may go far Paypal

[jamelyn]

Bitcoin has already overcome paypal. It is now widely accepted by banks, stores and other establishments. It also being used as primary payment by online sellers.

[GoodBrother]

Hi
I have voted "Yes"
But I think that in the future both PayPal and Ebay will find a way of mutually beneficial integration with the biton

[michael shikany]

I think this is entirely possible because bitcoin could become an international currency, so this could be directly competitive with Paypal, so I think Paypal will be a big concern.

[oracleongoodbye]

I believe that bitcoin already overcome paypal in terms in users there are a lot of people using nowadays more than paypal and in terms of aspects bitcoin far surpasses paypal as a payment processor.
Bitcoin is faster and more secured than paypal where in paypal your personal info can get easily sniff and spoof by an attacker and you will be an identity theft
While bitcoin network is unhackable and you send and receive anonymously.

[Dreamr]

Bitcoin will disrupt PayPal in a few years from now.
PayPal is centralized and it only supports few countries.
Bitcoin is decentralized and supports every country in the world.

[ipbitrung01]

 Bitcoin can pass Paypal?
Puzzles are a skepticism that many people are wondering.
- PAYPAL is a typical online trading tool. The payment system enables buyers to pay the seller quickly, safely and conveniently.
- Bitcoin is an encrypted digital currency.
So can answer the question you set out?
In my opinion the best combination of Bitcoin and Paypal is great.

[ipbitrung01]

I believe that bitcoin already overcome paypal in terms in users there are a lot of people using nowadays more than paypal and in terms of aspects bitcoin far surpasses paypal as a payment processor.
Bitcoin is faster and more secured than paypal where in paypal your personal info can get easily sniff and spoof by an attacker and you will be an identity theft
While bitcoin network is unhackable and you send and receive anonymously.

Because PAYPAL is a common online trading tool. The payment system allows buyers to pay the seller quickly, securely and conveniently. Bitcoin is an encrypted digital coin. They are therefore interrelated and interrelated. If one can combine these two forms, it is a success in the market. Sellers and buyers can easily, conveniently and securely exchange with one another. Bitcoin will be a tool used in online payment.

[headache1327]

Bitcoin compete with country currencies. PayPal is an e-currency while Bitcoin is adigital currency. Bitcoin is the highest rate compared to any country currencies now. Bitcoin and PayPal are not in the same category. As a matter of fact, they are not competitors. Bitcoin is changing the world's economy.

[Opnsrc]

Do you think that sometime in the future, Bitcoin might overcome Paypal, as it scales in capacity and userbase over the years?

We already have the ability to create our own marketplace with OpenBazaar, that uses Bitcoin as its payment method, so it should be no surprise that the combination of these two may be a fierce competition for both eBay and Paypal.

Nevertheless, feel free to vote on the poll above and express your opinion about it, if desired. 

I think that an answer on this question depends of if cryptocurrencies will conquer payment systems and bank system. In my mind it will be so. But we will see it not in near future. But reality is very dynamic so situation can change.

[naldal barcelona]

I believe that bitcoin will outperform paypal, as it's more potential, extremely fast online payment and low cost.

[emsjvh]

I think this is more than real. It takes quite a bit of time for people to start using the kbit as a payment for a job or a service. Even now there are resources that take bitcoin for payment.

[emsjvh]

Bitcoin compete with country currencies. PayPal is an e-currency while Bitcoin is adigital currency. Bitcoin is the highest rate compared to any country currencies now. Bitcoin and PayPal are not in the same category. As a matter of fact, they are not competitors. Bitcoin is changing the world's economy.

Maybe there is logic in your words. But bitcoin technology is much better than any existing in the world. This is his advantage.

[deddod]

Do you think that sometime in the future, Bitcoin might overcome Paypal, as it scales in capacity and userbase over the years?

We already have the ability to create our own marketplace with OpenBazaar, that uses Bitcoin as its payment method, so it should be no surprise that the combination of these two may be a fierce competition for both eBay and Paypal.

Nevertheless, feel free to vote on the poll above and express your opinion about it, if desired. 

I think yes, that in the future Bitcoin might overcome paypal.
Bitcoin now is famous and Bitcoin is better than PayPal. in My opinion, most people are interested in Bitcoin now.

[thanhhoian2016]

Paypal has a use for the first world that bitcoin can wont completely lose. I think in the future Bitcoin may be more than Paypal

[mdrakibul]

 Yes! Already have the ability to create our own marketplace with OpenBazaar, that uses Bitcoin as its payment method, so it should be no surprise that the combination of these two may be a fierce competition for both eBay and Paypal.

[Alifal]

I think ,paypal now advanced from bitcoin.Nevertheless, feel free to vote on the poll above and express your opinion about it, if desired.I am sure bitcoin already working in the right direction.so hoped.