10 Reason Why Bitcoin is better than Paypal

Don't freeze account, don't need documents, no chargebacks and anonymous.

I couldn't agree more with the low fee's in the top 10 reasons. PayPal I am sure if now just taking advantage of their fee's to be honest to make a little extra cash because there fee's are becoming extortionate. At least with bitcoin there are not too many huge fee's, you have your privacy and you do not get your account frozen for some silly reason why I have noticed PayPal doing a lot again.

Paypal has freezed my account for no reason Angry

Paypal is one of the biggest thiefs in the business. Every specification of Bitcoin is showing that it's better than Paypal.

Quote from: Watoshi-Dimobuto on August 28, 2014, 03:10:51 PM

Don't freeze account, don't need documents, no chargebacks and anonymous.

Yes , finally these privileges are as equal to LIBERTY . As you don't need any bank , istitution or other ... You are free Grin

.

And this is what I like of the bitcoin , it is the philosophy that is the basis. Have a nice day guys and thank you @Satoshi !

It has much more freedom to move money around without being question from an authority which is your own, and no more ridiculous limits and freezes on anyones bitcoin account. The only thing that paypal has is the chargeback feature and the time it takes to send money.

You go violate their outdated terms and rules they are for sure gonna so their cruelty to you,Banking elites have no mercy to costumers they are only here to make money.And that is why bitcoin is better than paypal

The charge-back and freezing account

#11 pp does not fix blatant bugs but declares them a "feature".

When you checkout you can not be sure that the amount shown to you is the amount that will be deducted from your balance. Only the verificationmail has the correct amount. WHO checks their mails in a situation like this? I (have to) now... when I have to use PP

I posted more about this here a while back:
https://bitcointalk.org/index.php?topic=700940.0

I agree with most of the reasons. Lower fees, especially internationally, are a big big plus in my mind. I also like the decentralization. I fully expect that if bitcoin looks like it will achieve mass adoption Paypal will quickly add it as an additional "currency" you can hold in your account. I'm not sure if this is a long term good or bad thing...

Bitcoin replace paypal in the short future, with all the reasons.
Once majority accept bitcoin, i think it would be not far away from that day.

Quote from: sana8410 on August 28, 2014, 05:07:07 PM

It is debatable that the ability to chargeback a payment is actually a feature of paypal. Sure it does benefit buyers as they can recoup their money in the event of a scam. But this would also likely cause honest merchants to charge higher prices to account for fraudulent chargebacks, causing honest buyers to have to pay more, even when they know the seller is an honest seller.

Quote from: oceans on August 28, 2014, 03:12:36 PM

Pretty much summed up everything. High fee, monopoly, and unncessary account freezing.. Anonmymity is a good reason to choose BTC.

Quote from: keanbosch on August 28, 2014, 03:05:29 PM

http://www.ahametals.com/10-reasons-bitcoin-better-paypal/

From every corners its better and best than paypal.There is no comparison and will be never.

paypal is a joke I sold a computer for around 1000 and they took 80 is fees + ebay charged me

Paypal is a company trying to squeeze as much money out of their customers as possible. Bit coin has no agenda or desire at all. A neutral payment system is by nature vastly superior.

Thing is... people are very much willing to pay a premium in order to be covered in case of a scam! This really is something that needs to be implemented in Bitcoin in some way. We need some third party escrow service that makes it easy and safe to pay with Bitcoin for the regular customer!!!

Just as there are reasons why Bitcoin is better than PayPal for certain things, there are other aspects which favour PayPal.

I think that as with many other money transmitting means, Bitcoin is not necessarily the replacement, but rather a step to providing a decent alternative for those who with to use its properties.