MonaBlakey
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October 26, 2018, 07:33:23 AM |
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Most online users have had problems with PayPal or other digital payment systems. Imagine that you are trying to withdraw money that someone has sent you, and discover you have been blocked from that service without knowing the reason. Bitcoin the first Blockchain-based billing platform, Intended to replace PayPal into a more complete transaction.
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fipper
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October 26, 2018, 07:49:30 AM |
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Even if this happens it will take a lot of time to happen in my opinion. I think that most of the people or buyers are already used to PayPal and thus use it for all their needs. Also, there is sufficient market for both of these to co-exist in my opinion.
in my opinion the paypal system adopts bitcoin with a system that is easy to practice and fast and it is also possible that bitcoin will run together in a system and bring success of course |
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randall_boss
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October 26, 2018, 07:53:22 AM |
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I don't believe so - Paypal and Bitcoin, currently, are marketed at 2 different groups of people and offer two 'different' purposes. Maybe, in time, they will bump into each other and perhaps one take over the other but, the for the time being, I don't believe that Bitcoin will spell the end for Paypal
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BillyWallows
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October 26, 2018, 08:04:57 AM |
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Although PayPal functions are unique in the early days of the world economy, moving to new and better platforms. What do you think if we combine Crypto + PayPal? It will provide a complete buyer protection policy, unlike the PayPal market. By providing safeguards, buyers can use a more secure algorithm and bring more customers to the market.
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LB750123
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October 26, 2018, 08:13:53 AM |
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I do not think Bitcoin will replace Paypal either. At the very beginning I thought this could happen ... but in time I started to realize that normal people will always see Bitcoin more like an investment than a payment system.
Why would normal people go through all the hassle of buying and storing Bitcoin and than spend it quickly with no benefit at all? (or even at a loss)
The same properties that are making Bitcoin interesting as an investment are the same one that makes it very hard to spend, I am thinking about scarcity and volatility.
And, as already said here, Paypal can offer some more service to the sellers/buyers that you will not find in Bitcoin.
It is not impossible though, but to do that buyers will need to have an incentive in order to spend Bitcoin; a big discount, a cashback or something on that line might do the trick.
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akeda
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October 26, 2018, 08:17:03 AM |
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I don't know about it, but surely paypal or bitcoin certainly have a different purpose we will see it later because for this one thing we can't predict
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tunapa
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October 26, 2018, 12:30:44 PM |
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I don't think PayPal can be extincted by Btc. The fact is that all this payment system have their loyalties and serve different seemingly almost same problems. So we will keep using both the better one wins the battle. Most existing innovations go to extinction because they refused to change to current waves of technology and innovations. So anyone that makes this move will definetly remain valid.
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Ains_sama
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October 26, 2018, 01:25:41 PM |
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no one can predict it, because bitcoin is still separated from the government. while paypal still follows government regulations for security. it's just that Bitcoin is indeed better for payments and transfers with unlimited value. so bitcoin is better now.
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delphic
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October 26, 2018, 01:35:43 PM |
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I think that not only Pay Pal, but also other payment systems. As soon as BTC is officially accepted, people will forget about such methods of translation. After all, all these systems are ordinary intermediaries, receiving our money with you, in fact, for nothing. The very meaning of the blockchain is to remove such intermediaries. We will be able to transfer directly any amount, giving the commission to the designers a few pennies as a reward for confirming the fact of our transfer.
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Jasad
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= jasad =
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October 26, 2018, 01:38:25 PM |
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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?
can anyone strengthen your argument? I think it's ridiculous however paypal is the most trusted transaction tool today. if to beat paypal it is far from possible. how can it be, because we know bitcoin is an unruly value. |
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ocim128
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October 26, 2018, 01:40:57 PM |
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I don't think paypal can ended by bitcoin, but both can work together for easy and smart exchange to the bank money, in other word paypal will never end because bitcoin
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Muheng
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October 26, 2018, 01:56:30 PM |
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i think bitcoin will not kill paypal because there are still many people who don't like bitcoin because of the fluctuation value, so they still make PayPal for their transaction
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shesheboy
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October 26, 2018, 02:03:47 PM |
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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?
can anyone strengthen your argument? I think it's ridiculous however paypal is the most trusted transaction tool today. if to beat paypal it is far from possible. how can it be, because we know bitcoin is an unruly value. paypal maybe trusted but that isnt enough for it to become the best . bitcoin on the other hand is now slowly becoming popular and already gaining its trust from the public plus bitcoin is also more easier to use than paypal because it does not requires any hassel such as opening a bank account in order to recieve money from someone else . other good feature that will beat paypal is that bitcoin is anonymous and does not show any of your information online . |
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globalking
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POINTPAY
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October 26, 2018, 03:09:44 PM |
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I really not thought about it but yes it could be possible once bitcoin explore to its full potential that time PayPal will vanish completely
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Ashwin Kumar
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October 26, 2018, 03:17:41 PM |
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Absolutely no since paypal has much more restrictions and security where bitcoin has no restrictions even this is not a company where paypal is a company so in short it's not possible.
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Cacingkemi
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October 26, 2018, 03:36:01 PM |
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I don't think paypal can ended by bitcoin, but both can work together for easy and smart exchange to the bank money, in other word paypal will never end because bitcoin
BTC can work yes agree with paypal for exchange and this has been done by large wallets that are similar to paypal,they have made it easier to exchange from BTC pair to digital fiat and it has long been applied.Its true that paypal still exists to shop but few now use the service. |
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ninabobo
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October 26, 2018, 03:45:02 PM |
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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?
the fact that until now paypal is still used and I also use paypal I prefer both. although there are functional differences fundamentally, but the advantages of bitcoin can be more confidentially |
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akirasendo17
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October 26, 2018, 03:48:55 PM |
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I think other payment like paypal will be here to stay, and bitcoin will be just added since paypal here for a long time
or maybe they will join forces , we dont know what will be , on the future , but, hey lets just get a lot of coins,
and keep it, im sure will benefit on that
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Yantoaja
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October 26, 2018, 03:53:13 PM |
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this is what has become my mind all this time, for some reason I hope btc can replace paypal rather than fiat money because in my opinion it is like that should be because paypal is a digital payment of fiat money, which is used almost in large online stores in the world, and if btc can replace paypal I will be very happy because it is more anonymous and where it does not require a vcc or credit card like paypal which has a large interest so it is less likely to add someone's debt.
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MAJICOIN
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October 26, 2018, 04:25:45 PM |
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To be optimist bitcoin will take time to get the place of pay pal and i think that pay pal users will still use pay pal with out the crypto involvement and it is true that pay pal has many customers in the world and still now in the crypto presence the people buying are through pay pal and not through any other payment method but some of the users are using both and crypto is also a good payment mode and it is easy fast and secure form of money every where with you.
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