Will Bitcoin bring an end to Paypal?

[Kaznachej123]

In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?

   History repeating itself is by far the scariest and most certain outcome we could expect. Especially economically. "Would you take some BTC for that loaf of bread sir?"

[tiggytomb]

In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?

PayPal is far too embedded into everyday life that it will take a long time before anything replaces it, it would need something catastrophic to happen to PayPal before bitcoin got a look in.

[mlsbd]

Paypal makes big community and too much popular gateway in freelancing platform so you can not be avoided it. Paypal available in more than 200 countries and 25 currencies supported, it restricted in many countries.

[faceoff97]

i think no bro. yup bitcoin is popular. but paypal is more security

I don't agree, Crypto currencies are more safe and secure since you'll no longer be needing any trusted third party. The technology is more transparent Abd you can publicly audit the transaction, in addition using Crypto would be more simplier than any other form of payment. By using this, you can assure  having high level of swcurity and simplicity. But getting involved in Crypto  demands the consideration of the wallet you are using. I'm now paying interest on a open source multi wallet called "HODLER wallet", it promises amazing feature other wallet could not offer.

I believe that Crypto currencies will be the future and other form of payment will come to an end.

[danipay]

im sure it might happen if bitcoin grow well in the future.
many online bussiness man will move their bussiness to bitcoin technology.
but paypal will still exist if they join/move to blockchain.

[munareal]

Bitcoin will not bring an end to PayPal. They are both alternatives to sending global fund. It gives the users other potions of funds transfer to choose from. uses

[Marial Carter]

From what I know, BItcoin os the most popular in cryptocurrency , they have a big amount of users, but Paypal is so security. IT is hard to say that BITcoin can bring an end to Paypal

[wndrbr3d]

High fees which bitcoin transactions have cant rival with PayPal fees.
A lot of people prefer to use "safe" and habitual pay systems for their daily needs despite the fact they are centralized

[Red_Evil]

i think no bro. yup bitcoin is popular. but paypal is more security

I don't agree, Crypto currencies are more safe and secure since you'll no longer be needing any trusted third party. The technology is more transparent Abd you can publicly audit the transaction, in addition using Crypto would be more simplier than any other form of payment. By using this, you can assure  having high level of swcurity and simplicity. But getting involved in Crypto  demands the consideration of the wallet you are using. I'm now paying interest on a open source multi wallet called "HODLER wallet", it promises amazing feature other wallet could not offer.

I believe that Crypto currencies will be the future and other form of payment will come to an end.

indeed cryptocurrency technology in my opinion is better than anything, but it would be better when PayPal is able to embrace cryptocurrency and apply payments using altcoin or bitcoin I think it would be far better than ending one party.

[nazaididuan1]

PayPal has many users around the world, and many countries ban BTC, so it is difficult for BTC to replace PayPal!
If BTC is accepted by governments around the world, it is only a matter of time to replace PayPal!

[Callanta787]

Maybe be in the future if that's if bitcoin ever gets a better reliable upgrade ,i can't help but keep thinking how useful it will be if bitcoin surpass the usefulness of PayPal someday ,but who knows ?can't wait to see what will happen in the next 5years to come

[xbossJ]

The only hindrance $Bitcoin is having now is the knocks from governments, bankers and politicians! $Bitcoin has already proven that it can do better than paypal and the likes! Its even convenient to make payments using $Bitcoin than Paypal! If $Bitcoin can get the acceptability and adoptability that fiat gets, then the sky is its starting poing! As for replacing Paypal, It has already but the generality of Businesses need to accept it as a means of payment then paypal would be history.

[guybrushthreepwood]

In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?

No. Even bitcoin needs payment processors for certain things and sometimes that's a good thing as at least they usually offer you some protection against fraud or scammers. Also, if bitcoin did become dominant or even just much more popular PayPal would just adopt it and become something like Bitpay.

The only hindrance $Bitcoin is having now is the knocks from governments, bankers and politicians! $Bitcoin has already proven that it can do better than paypal and the likes! Its even convenient to make payments using $Bitcoin than Paypal! If $Bitcoin can get the acceptability and adoptability that fiat gets, then the sky is its starting poing! As for replacing Paypal, It has already but the generality of Businesses need to accept it as a means of payment then paypal would be history.

The only hindrance isn't governments and politicians. What about fluctuations? Paypal has faults but so does bitcoin but fiat is still going to remain the dominant force for day to day transactions until volatility is stabilized but that might never happen.

[bitcoinVPSD]

This will not happen. Bitcoin is not a threat to paypal. At the present time paypal users are widely distributed and are present all over the world, it is unlike bitcoin restricted in some countries. in the future i think maybe paypal can accept bitcoin Just like banks accept bitcoin.

[kalstarzz]

In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?

I don't think so, we know that the average forex user is still using it, and in Forex alone BTC and ETH are also trading options there. so I conclude that paypal will survive.

[Desscount]

In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?

I don't think so, because until now paypal is still a trusted transaction tool worldwide in the field of internet. I think bitcoin can be the next option in terms of transactions but even then if the value becomes stable

[AAKODI]

For majority of people in the world to change there transactions from fiat to bitcoin might take some time because bitcoin and blockchain technology still are new concepts to the world so until bitcoin becomes more expanded and usable through adoption most people will believe and use paypal because still it provide good security but in the future definitely bitcoin network will become a real competitor to paypal and other relevant options in the world

[Painbird]

In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?

Actually paypal is also a great platform of transaction that's why its not easy to end.Bitcoin has shined by its own features. Paypal has no option like what bitcoin have. You can use btc in various field and also can earn from differen ways. On the other hand you can use paypal for transactions only.  So that bitcoin become popular than all other transactions system.

[xp.rie]

In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?

never as long as bitcoin is not accepted throughout the world, if bitcoin is legalized and accepted throughout the world as a currency option it can become a reality. but the fact is, that bitcoin is only accepted in developed countries and paypal is currently the number one transaction tool in the world's most trusted.

[hubballi]

In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?

never as long as bitcoin is not accepted throughout the world, if bitcoin is legalized and accepted throughout the world as a currency option it can become a reality. but the fact is, that bitcoin is only accepted in developed countries and paypal is currently the number one transaction tool in the world's most trusted.

That is the main backpoint for Bitcoin that in many country it is not legalised which is keeping bitcoin reaching away from common people. Paypal is popular because it is centralised exchange and any security agency or legal company can access your records without permission of the users. Which is why paypal is legal to use in all country. But for bitcoin it is not possible but they are trying to regulate and use it.