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Author Topic: 10 Reason Why Bitcoin is better than Paypal  (Read 3919 times)
future_quark369
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August 29, 2014, 09:47:57 PM
 #21

you can make coffee while blockchain is downloading  Grin
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Omikifuse
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August 29, 2014, 10:57:20 PM
 #22

11 - No ridiculous term of use that forbids certain produts from being commercialized

12 - Economic sanctions won't hurt trades with BTC, beatch
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August 30, 2014, 12:49:00 AM
 #23

I dont think we have enough room on this forum to list all the ways Bitcoin is better than Paypal.
Capitan Cook
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August 30, 2014, 01:05:45 AM
 #24

bitcoin is better because i don't use paypal  Wink
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August 30, 2014, 01:18:17 AM
 #25

Paypal is scam. Paypal currently freezing worth of $200 million from thousands of people worldwide.
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August 30, 2014, 01:37:34 AM
 #26

I dont think we have enough room on this forum to list all the ways Bitcoin is better than Paypal.

This, bitcoin is just far superior by design. Paypal is service created to EARN money for their owners. And we do not have to pay anything for using bitcoin.
iCrypt
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August 30, 2014, 01:53:04 AM
 #27

There should be 100 reasons, not 10.
RustyNomad
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September 01, 2014, 05:03:40 PM
 #28

FREEDOM

In my country Paypal was not available until recently. When it did become available it was through only one of the big four banks meaning that you 'had' to have an account with them which could then be linked to Paypal. Now all banks can link to PayPal but you have to jump through several hoops and its a right royal pain in the backside.

Bitcoin offers true freedom in that there is no discrimination, its available to and accessible by all. That alone, imo, make it stand heads and shoulders above any other.
Mars not Moon
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September 01, 2014, 05:07:11 PM
 #29

Never liked Paypal. They limit for no reason.

Bitcoin rocks.
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September 01, 2014, 05:13:57 PM
 #30

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!!!

To comply with US law, bitcoin and coinbase will eventually need to provide those services.

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September 01, 2014, 06:08:54 PM
 #31

anonymity... Cool Cool

bitcoin is still semi-anon, not fully anon yet, bitcoin is better than paypal because, is personal(you are your bank)

BTCfan668
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September 01, 2014, 06:10:41 PM
 #32

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!!!

To comply with US law, bitcoin and coinbase will eventually need to provide those services.


What law are you referring to? It would be impossible to force people to buy insurance like this because if the government did this then consumers would be vulnerable to the insurance companies failing.
LiteCoinGuy
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September 01, 2014, 06:21:49 PM
 #33

http://bitcoincasino.info/bitcoin-casino-news/bitcoin-experts-explain-btc-better-paypal/

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September 01, 2014, 09:39:35 PM
 #34

Words cannot express how much better Bitcoin is than paypal.
I must refrain from my best expletive language on this topic.
Lets just say Paypal is a greedy pig.
We cannot have a greedy pig as a host for a currency transfer system.

Automated Escrow  For instant BTC transactions without waiting for a 3rd party.  http://BTCRaven.com
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September 01, 2014, 10:07:51 PM
 #35

Paypal has freezed my account for no reason  Angry

Me too, years ago, don't worry about it, the Painpal dinosaur has a few more years to live but in the end Crypto shall win.

There is really only one reason why BTC is better than Painpal: You own the Bitcoins but Painpal owns you. Who wants to be owned?

Painpal is more useless than a bank, banks can at least give out loans. Painpal just forwards existing money, so they don't do anything that Bitcoin cannot.

Truth is the new hatespeech.
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September 02, 2014, 07:25:11 AM
 #36

Now, what if you are in a third world country with your family having some vacay. You need money. Ow! They dont accept BTC? What should you do? Well I got a paypal account. Withdraw money from paypal and then poof! You are drinking beer again.

djarot
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September 02, 2014, 08:26:57 AM
 #37

Now, what if you are in a third world country with your family having some vacay. You need money. Ow! They dont accept BTC? What should you do? Well I got a paypal account. Withdraw money from paypal and then poof! You are drinking beer again.

with bitcoin debit cards there's no need to worry about if they take btc direct, and fees are no worse than paypal's foreign exchange rates I'd say Grin Also this style of bitcoin evangelism is something i kinda enjoy, my favorite one at the end of this http://cointelegraph.com/news/112375/10-reasons-why-bitcoin-is-better-than-paypal Bitcoin will never spam me about food platters ahah!
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September 02, 2014, 10:29:48 AM
 #38

about the 7th one...it's not absolutely true cause there is a blockchain (look at darkcoin)
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September 02, 2014, 01:35:15 PM
 #39

But Paypal can be used in many more places. Stores should keep adding Bitcoin to their accepted payment methods.
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September 02, 2014, 01:41:34 PM
 #40

Bitcoin is more the underlying money and also has the inherent capabilities of transmitting large amounts of money instantly. PayPal effectively is a service provider that does the escrow. Bitcoin may need some of those service providers as in order to get the broad public on their side!

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