Bitcoin connecting PayPal?

[vladimirhf]

PayPal is as regulated as any other payment processor, credit card company, banks,... can be regulated but that is not a reason for why or why not adopt bitcoin for them. I believe they will first create their own cryptocurrency just like what Facebook did and will try to compete but fail in a very short time (like less than 3 years) and then they will all eventually do that because that is the direction in which the world is going with or without them.

I hope you're right. They will profit running libra's nodes, ofc not only paypal but other big tech were waiting to see how to take advantage of this market, since they already have a great influence power over their audiences and can use it to bargain.

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[robelneo]

Is it possible that in future Bitcoin will connect to PayPal?
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.

What you think about it?

BTCBTCBTC

Where did you get that Paypal is not regulated by the government, they are paying taxes to the government, they are operating on government conditions and they have licensed to operate from the government where they have jurisdiction, introducing or promoting Bitcoin by Payla is not going to happen, they would have to change the whole structure of their terms if they are going to integrate Bitcoin to their system.

[tiedcoin]

PayPal and Bitcoin network don't work well together, so it can be a bit tricky to buy Bitcoin or other Cryptocurrencies with PayPal.
Bitcoin transactions are irreversible, while Pay Pal supports chargebacks. This makes it relatively easy for someone to buy Bitcoin with PayPal, complain that they never received the goods and ask for a chargeback.

Where and how to buy Bitcoin with PayPal?

The popular options arranged from least to most complicated are:

1. Local Bitcoins and Paxful: Buy Bitcoin peer-to-peer with PayPal. There are no limits other than those set by the seller.
2. xCoins: Use PayPal to buy up to US$1,000 in Bitcoin per transaction.
3. VirWox: Use PayPal to buy up to €1,000 in Bitcoin per 24 hours,  up to  €10,000 per month. Its fiat currencies are EUR and USD.
4. CRYPTONIT: Its deposit methods include Advance Cash and Wire Transfer. BTC, ETH, ETC, ZEC are its supported cryptocurrencies.

[misterj]

Is it possible that in future Bitcoin will connect to PayPal?
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.

What you think about it?

BTCBTCBTC

From my point of view, you got it wrong. Since Paypal is used as a medium of transaction to mostly online jobs, the company itself is regulated by the government. It is also impossible that Paypal will increase the dominance of bitcoin because users of Paypal are obliged to use dollars and fiat money to do transactions. Lastly, you should consider the cryptocurrency Libra which was urgently sued by governments.

[sort_cirkit]

Bitcoin & PayPal 2 different payments media. Governments are not controlled by 2 mediums, but government intervention on PayPal. Bitcoin transactions can not predict the government. In that case, the government and we both will benefit if we can pair two together.

That'd be huge revolution

It is not possible without a big revolution. And the revolution will help Bitcoin to stabilize its value and price.

[amrulshare]

Is it possible that in future Bitcoin will connect to PayPal?
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.

What you think about it?

BTCBTCBTC

From my point of view, you got it wrong. Since Paypal is used as a medium of transaction to mostly online jobs, the company itself is regulated by the government. It is also impossible that Paypal will increase the dominance of bitcoin because users of Paypal are obliged to use dollars and fiat money to do transactions. Lastly, you should consider the cryptocurrency Libra which was urgently sued by governments.

however, it does not rule out the possibility that PayPal will add the Bitcoin option there, because competitors are continuing to advance to modernization. Previously PayPal also got the same intimidation when they first appeared, but in reality now it is very different.

[jhongzjhong]

It is impossible that bitcoin will add on Paypal as a currency because PayPal was highly regulated by the government and they don't get involved in money laundering. Maybe it will be applicable if they have a third-party option but still, bitcoin is anonymously and Paypal is kind of bank and also they want regulated currency.

-as PayPal says:

As the pioneer in online payments, we set the standard for fraud prevention by delivering holistic security solutions to minimise fraud across major payment types and channels

[dmty.0809]

There is no way to save Bitcoin directly on Paypal. But there are a number of solutions to safely save Bitcoin on Paypal. If you have Bitcoin, you can easily exchange it for banknotes and withdraw funds to your credit card that is connected to your PayPal account.

[JimmieA]

Not only PayPal, in the world has many internet payment development companies and like any big company or corporation what they are most interested in is still the profit, like paypal. however, their activities in the field of online payment or any other,  they  are still managed by the government. So do you think they can do the opposite with the government? In addition, there is currently no information about any crypto trading platform that cooperates with paypal.

[huanting55]

Is it possible that in future Bitcoin will connect to PayPal?
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.

What you think about it?

BTCBTCBTC

I believe that in the future it is quite possible. But PayPal is controlled like other payment systems, so now it’s hard to imagine that they implement Bitcoin into their system. But in the future, if the governments of different countries will be more loyal to cryptocurrencies, I think everything is possible

[BlackMo]

Is it possible that in future Bitcoin will connect to PayPal?
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.

What you think about it?

BTCBTCBTC

I think under the weight of public opinion and the popularity of Bitcoin and other digital currencies - this is quite possible. Given the speed of transactions and payment processing - it will be much more convenient.

[sehoon]

Paypal has something to do with the banks and the banks do not want a decentralized cryptocurrency. Meaning, it will only be possible if the banks are going to change their stance on cryptocurrency and accept bitcoin. But for now, bitcoin is not yet widely accepted in those institutions so they will say no to it.

[Marcus yoyo]

The benefits of bitcoin are increasingly apparent and bitcoin is indeed proven to provide convenience in terms of financial transactions. I think someday bitcoin will be connected with PayPal. PayPal will later introduce bitcoin to the world. When this time comes, there will be many people who switch to bitcoin. The ease and speed offered by transactions using bitcoin is an added value that does not exist in fiat currencies. I think bitcoin and PayPal will be a harmonious combination in advancing the world economic system.

[Iceblast]

There is no way to save Bitcoin directly on Paypal. But there are a number of solutions to safely save Bitcoin on Paypal. If you have Bitcoin, you can easily exchange it for banknotes and withdraw funds to your credit card that is connected to your PayPal account.

Bitcoin storage on paypal is not the best, I think maybe the money from the sale of bitcoin will be stored in Bitcoin is a good choice. and it can be connected to a debit or credit card

[bittraffic]

Paypal is going to be working with Libra project. If we BTC users can use Libra then its possible that we can buy Libra coins and put to paypal funds. That's the easy access if I have to think about the connection of parties but that ain't confirm. You would despise the system if you are into privacy but that's just how they monitors things. If you aren't bother about privacy, its a convenient for you to use the system.

[Daniel91]

I really think that there is no way that Paypal will ever accept bitcoin.
It's already well known in the mlm world that Paypal also ''don't like'' mlm programs and many times blocked accounts from mlm companies.
So, if they don't want to accept mlm, I don't think they will change their strict policy because of crypto.
Also, they have to follow strict rules and regulations in USA connected with ''money laundering''.

[Theb]

What's the sense of connecting your Bitcoin to another payment system when a lot if people are already using BTC to Paypal or vice versa as a mode of exchange and payment. Surely if Paypal did some kind of BTC conversion or in-app exchange on their own their own the rates would be on their side and I'm sure Paypal users would still opt out on buying to 3rd party sellers at the end.

[Jeremycoin]

Is it possible that in future Bitcoin will connect to PayPal?

Do you mean PayPal will start implementing the blockchain in their system? If that's what you mean, then yeah probably.

PP is not that much regulated by government, all they care about is profit so I personally think it may happen.

That is exactly what differentiates this huge company to Bitcoin. Paypal does indeed not care about the revolutionary idea of Bitcoin, and that is why they are never supposed to be fused together.

That'd be huge revolution, PayPal would introduce Bitcoin to the world.

Bitcoin has been enough introduced to the world even without the help of PayPal. We are good on our own.

[b3llsf1l3s]

Is it possible that in future Bitcoin will connect to PayPal?
PP is not that much regulated by government, all they care about is profit so I personally think it may happen.
That'd be huge revolution, PayPal would introduce Bitcoin to the world.

What you think about it?

BTCBTCBTC

For now it can't, and for the future maybe not. The Paypal system is quite sensitive actually, they have to verify whether the funds you are going to transfer and the funds that you will receive are really legit or not. Not the result of fraud or the like. I don't think anonymous bitcoin will be accepted by them

[Chikito]

Is it possible that in future Bitcoin will connect to PayPal?
BTCBTCBTC

No it's imposible to connected, different thing paypal and bitcoin.
This posibble I thing paypal can do convert it fiat into bitcoin and use third party to do this like coin base or any. then, withdraw your fiat paypal into your bitcoin wallet and covert it. this is need hugh fee and much time to do this.
Well, i thing Libra will conected into paypal are possible thing because they invested