Is Bitcoin The New paypal TechCrunch

[rohnearner]

Just read this article on Techcrunch
http://techcrunch.com/2014/02/20/bitcoin-is-the-new-paypal/?utm_campaign=fb&ncid=fb
Are you amused  .?

[roslinpl]

Just read this article on Techcrunch
http://techcrunch.com/2014/02/20/bitcoin-is-the-new-paypal/?utm_campaign=fb&ncid=fb
Are you amused  .?

Bitcoin is not paypal.

You cannot put = between BTC and PayPal.
this is not the same and BTC will be never a PayPal.

I think.

[Lauda]

Bitcoin is not like paypal, bad article.

[roslinpl]

Bitcoin is not like paypal, bad article.

indeed.

Only thing that both contains is sending goods/money

[bitjoint]

Bitcoin is not like paypal, bad article.

90% of TechCrunch articles are bs... what did you expect?

[Lauda]

Bitcoin is not like paypal, bad article.

90% of TechCrunch articles are bs... what did you expect?

I don't expect anything smart about Bitcoin from the average Joe.

[hellscabane]

This really should be "Are Bitcoin Exchanges like PayPal." But even that would be a stretch.

The only similarity I found was how lazy PayPal can be at times and how lazy Mt. Gox can be at times.

Yay!!!

[pening]

Did anyone actually read the article?  Do you understand how they aren't in any way saying Bitcoin is like Paypal in operation?  Its saying its the New Thing (tm) and it may face fraud problems like Paypal did, will it learn to cope.  It barely even mentions Bitcoin, really focusing on the trouble Paypal had.

[hellscabane]

Did anyone actually read the article?  Do you understand how they aren't in any way saying Bitcoin is like Paypal in operation?  Its saying its the New Thing (tm) and it may face fraud problems like Paypal did, will it learn to cope.  It barely even mentions Bitcoin, really focusing on the trouble Paypal had.

I did, that's why I likened the laziness of both Mt. Gox and PayPal. When PayPal had the phishing issues, they had some forewarning about the security risks that could impact withdrawals; likewise, Mt. Gox had forewarning about the Transaction Malleability risks that could impact withdrawals.

These issues could have been avoided if there were at some substantive security audits. Once again, it boils down to laziness.

My issue with this title is that it tries to slant Bitcoin. In reality, it's about the similarities between Bitcoin exchanges and PayPal; but really mostly about the similar types of problems between Mt. Gox and PayPal.

[rohnearner]

Did anyone actually read the article?  Do you understand how they aren't in any way saying Bitcoin is like Paypal in operation?  Its saying its the New Thing (tm) and it may face fraud problems like Paypal did, will it learn to cope.  It barely even mentions Bitcoin, really focusing on the trouble Paypal had.

Yeah most of members just commented after looking at the title, didn't even bothered about looking at article once..! article is not bad at least better then 80% of BS posted on techcrunch  .

[roslinpl]

Did anyone actually read the article?  Do you understand how they aren't in any way saying Bitcoin is like Paypal in operation?  Its saying its the New Thing (tm) and it may face fraud problems like Paypal did, will it learn to cope.  It barely even mentions Bitcoin, really focusing on the trouble Paypal had.

Yeah most of members just commented after looking at the title, didn't even bothered about looking at article once..! article is not bad at least better then 80% of BS posted on techcrunch  .

perhaps you are right. But still putting = between BTC and PayPal is not a right thing

[hilariousandco]

Bitcoin is not like paypal, bad article.

90% of TechCrunch articles are bs... what did you expect?

I don't expect anything smart about Bitcoin from the average Joe.

To be honest, Bitcoin probably seems a bit like PP to the Average Joe.

[LiteCoinGuy]

Bitcoin is not like paypal, bad article.

indeed.

Only thing that both contains is sending goods/money

for a site called "TECH" its even worse. 

[Lauda]

for a site called "TECH" its even worse. 

They don't deserve to have anything 'tech' related in their name.