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Author Topic: Will Bitcoin bring an end to Paypal?  (Read 3059 times)
SIDDHI777
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October 18, 2018, 02:09:47 PM
 #181

I do not think this can happen because too many use paypal. But I would be glad if that happens because I do not like paypal. a terrible support service. This could happen if bitcoin transactions become safer and much more faster.

Of course Paypal customer base is very large and it is very expanded in the world as a secure payment method but with bitcoin advantages like low fees for payments or transactions, security, convenience and other many benefits it is becoming very popular and that is the reason it will be able to pass paypal payment system in the near future  

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mmo_online_1981
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October 18, 2018, 02:19:39 PM
 #182

That can hardly be realized, because Paypal also has some advantages that digital money can not have. Be supported and assured with the US dollar
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October 18, 2018, 02:39:43 PM
 #183

At the moment, PayPal doesn't use Bitcoin. But utimately, PayPal will make peace with bitcoin or die.
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October 18, 2018, 02:44:44 PM
 #184

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.

but it could be for the future paypal will be rivaled by bitcoin and bitcoin as a transaction tool for the future. and will continue to grow from year to year.
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October 18, 2018, 02:47:23 PM
 #185

Bitcoins is proving very popular when it comes to Africa in terms of payment systems because using PayPal in Africa has a lot of restrictions compared to those in the USA. So in Africa Bitcoin has overthrown PayPal.

 
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October 19, 2018, 04:32:44 AM
 #186

I doubt Bitcoin could destroy Paypal in the foreseeable future. No other payment gateway has such a security and customer protection system as Paypal has. Bitcoin should be further updated to get closer to PayPal in this direction.

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October 19, 2018, 05:01:25 AM
 #187

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.

Absolutely right because Bitcoin is much different from paypal for now because Bitcoin is not accepted by all countries in the world but paypal has been used by other countries.
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October 19, 2018, 05:46:20 AM
 #188

Bitcoins is proving very popular when it comes to Africa in terms of payment systems because using PayPal in Africa has a lot of restrictions compared to those in the USA. So in Africa Bitcoin has overthrown PayPal.
yeah, but I don't think that's sure. paypal is a giant company on the internet, and of course it's not easy to roll. well, even though in some places bitcoin already has a higher popularity compared to paypal, but I don't think paypal will stay quiet.

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guybrushthreepwood
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October 19, 2018, 09:16:18 AM
 #189

At the moment, PayPal doesn't use Bitcoin. But utimately, PayPal will make peace with bitcoin or die.

Lol. You genuinely believe that PayPal will die if they don't accept bitcoin? I'd be willing to bet PayPal will likely be around a lot longer than bitcoin (or continue to exist along side it at best). We're always going to need payment processors like PayPal and even bitcoin needs them especially if it's to grow to be a mainstream payment system adopted by the masses. True, bitcoin can operate without them but consumers and the general public will require a little protection for their transactions.
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October 19, 2018, 09:24:15 AM
 #190

isn't up to now paypal is still used by some people to be used as a means for digital financial transactions?
bitcoin won't be as bad as you imagine, this crypto currency has a very large community. so bitcoin can continue to survive as long as the crypto currency community stays alive and thrives

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October 19, 2018, 09:27:08 AM
 #191

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 doubt because paypal is very reliable in every transaction, but bitcoin also has advantages that are different from paypal, namely to anonymity. maybe in the near future bitcoin will not be able to beat paypal but if the value of bitcoin can be more stable I believe bitcoin can be the next option in terms of transactions
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October 19, 2018, 12:56:01 PM
 #192

I do not think that we can completely replace modern payment systems with bitcoin. In addition, not all people still trust cryptocurrency and no one knows how soon it will happen. Therefore, it is too early to talk about the end of Paypal and other similar systems.
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October 19, 2018, 01:03:32 PM
 #193

Even if the complete replacement will happen, it will happen very soon. Cryptocurrency is only at the stage of adoption and not all people are ready to exchange ordinary national money and usual payment systems for unstable bitcoin.


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October 19, 2018, 01:07:14 PM
 #194

I don't think so. Paypal still popular and useful. i think they will exist parallel with the other
 
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October 19, 2018, 01:10:17 PM
 #195

Paypal is a large international company. And bitcoin today is only a developing currency, which still has a long thorny path of development as a means of payment. Then Paypal will not disappear very soon, and it seems to me that this will not happen at all, and It will coexist with bitcoin.

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October 19, 2018, 06:08:11 PM
 #196

I think bitcoin will remain side by side with paypal, because at certain times people have different ways of using it. but bitcoin can dominate for the future
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October 19, 2018, 06:28:46 PM
 #197

sooner or later PayPal will accept bitcoin as mode of payment so both work in relation towards better payment system win-win situation
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October 19, 2018, 06:45:32 PM
 #198

Paypal is a large international company. And bitcoin today is only a developing currency, which still has a long thorny path of development as a means of payment. Then Paypal will not disappear very soon, and it seems to me that this will not happen at all, and It will coexist with bitcoin.
I'm agree with it. Although bitcoin is a digital currency that is very well known, it has nothing compared to paypal. Paypal hava become a verified and secure payment system from a long time ago, moreover people use paypal more than bitcoin because paypal payment method has reached almost all online markets.
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October 19, 2018, 06:49:59 PM
 #199

Most people are still not ready to accept Bitcoin as a means of payment, and that's sad, but I think that this picture will change soon.

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October 19, 2018, 07:52:34 PM
 #200

Although nothing is impossible. But bitcoin bringing an end to paypal is unrealistic. i don't think it will happen.
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