Bitcoin Forum
April 18, 2024, 01:48:44 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13]  All
  Print  
Author Topic: Is Bitcoin less evil than PayPal?  (Read 5270 times)
anume123
Full Member
***
Offline Offline

Activity: 700
Merit: 100


Proof-of-Stake Blockchain Network


View Profile
July 20, 2018, 03:33:28 AM
 #241

Paypal and bitcoin are just a banking system the evil is in the people whos use those things...maybe you want to say that people can do bad things with paypal more than bitcoin but they still just 2 banking system


Bad people make a bitcoin issue so its price drops, I think it's just a bitcoin and paypal policy they're just banking system like you say.

1713448124
Hero Member
*
Offline Offline

Posts: 1713448124

View Profile Personal Message (Offline)

Ignore
1713448124
Reply with quote  #2

1713448124
Report to moderator
1713448124
Hero Member
*
Offline Offline

Posts: 1713448124

View Profile Personal Message (Offline)

Ignore
1713448124
Reply with quote  #2

1713448124
Report to moderator
1713448124
Hero Member
*
Offline Offline

Posts: 1713448124

View Profile Personal Message (Offline)

Ignore
1713448124
Reply with quote  #2

1713448124
Report to moderator
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713448124
Hero Member
*
Offline Offline

Posts: 1713448124

View Profile Personal Message (Offline)

Ignore
1713448124
Reply with quote  #2

1713448124
Report to moderator
IndigoRed
Jr. Member
*
Offline Offline

Activity: 196
Merit: 1


View Profile
July 20, 2018, 05:03:43 AM
 #242

I do some sideline freelance work and rely on PayPal to receive payments. And let me tell ya, they're charges and fees are a pain in the neck! I believe bitcoin or any other digital currency is by far, better than PayPal. The core features of bitcoin is security and the absence of a centralized authority, resulting in lower fees and charges. Plus, no freezing of funds or chargebacks.
mobilazy
Member
**
Offline Offline

Activity: 308
Merit: 22


View Profile
July 20, 2018, 05:31:45 AM
 #243

I think so, fewer commissions and less regulated. PayPal is too strict, they trust AI to fight a fraud but honest people often take a bullet too.

---Bounty is a stupid use of my time---
kent47400
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
July 25, 2018, 04:04:32 AM
 #244

Paypal is owned by one person, or one company in a centralized way, so there is a possibility of manipulation in processing its finances. Like there is theft of funds from insiders or rivals from Paypal itself.

Bitcoin is not like Paypal and is a lot different, ownership of the Bitcoin is owned by the owner, if you send the wrong Bitcoin to someone else's wallet, then the risk is yours.
Hammonds
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250



View Profile
August 08, 2018, 07:21:37 AM
 #245

Paypal is the same as UBER, VISA, MasterCard, all of which are centralized, so when there are problems in transactions or system errors we can submit it to the head office.

Bitcoin is not like that, it stands alone, Bitcoin is the right to own the owner, it is not centralized and when there is a delivery error, it is the risk that the owner of Bitcoin carries.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!