10 Reason Why Bitcoin is better than Paypal

[LitecoinBoss]

But Paypal can be used in many more places. Stores should keep adding Bitcoin to their accepted payment methods.

No official statement of both parties but there was an article that paypal will be accepting bitcoin soon.

[JetLi]

I've never had problems using paypal. To compare it to bitcoin doesn't make sense. Ofcourse I prefer to use crypto's when possible.

[SF-Man]

Everyone might hate paypal here but it is more useful as you think

[keithers]

No chargebacks is the best thing to protect merchants, but it is a double edged sword, because if you are the buyer, you are not protected if you don't receive what you purchased, or if you receive something completely different from what you thought you were buying.

[ikydesu]

FREEDOM


I prefer bitcoin

[Kakmakr]

I am still a newbie, so PayPal looks safe, but I have not had any need to use their consumer protection, so I do not know how well it works.

I like this bitcoin thing, because all transactions can be tracked.

[Soros Shorts]

I've never had problems with my personal PayPal account, but I also manage a PayPal account for a 501(c)3 charity and have had numerous problems with them. The biggest problem we usually have is that after a fund raising campaign we'd receive a large amount of donations and PayPal would freeze the account due to suspicious activity. They would unfreeze it fairly quickly after our lawyers got in touch with them, but come on, are they fucking retards? This type of cash flow is typical of charities.

If the benefactors of the charity were not so technically challenged (it was so hard to get them over to PayPal from paper checks), I would have already set up a donation option through the likes of BitPay.

[Albuyeh]

All the points of this article is valid. I also think that Bitcoin is far better than PayPal. I am sure that one day Bitcoin will take the place of PayPal.

[aleksejnovikov]

Each system has its advantages, but I choose Bitcoin!

[Bitzkrieg]

Everyone might hate paypal here but it is more useful as you think

Paypal is being used in the third world countries more compared to bitcoin.

[validium]

Everyone might hate paypal here but it is more useful as you think

Paypal is being used in the third world countries more compared to bitcoin.

Thats cause bitcoin is still relatively new compared to paypal. But the day will come when they will ditch paypal for btc.

But its still a hassle to even get that paypal account in those third world countries

[awesome31312]

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

Yes sir!

And for those reasons, Paypal is afraid of Bitcoin integration, their policy towards virtual goods is just an excuse to bully users that use Paypal to purchase Bitcoins.

But of course, Paypal's gonna fade with age, Bitcoin might too, but waaaaaaaaaay after Paypal does, and only to be replaced by other virtual currencies

[Datcracktho]

Number 1) It's not based on a scammed, rigged system destined for collapse (FIAT monet)

Thats it, just 1 reason is enough to use Bitcoin.

[SW725]

Everyone might hate paypal here but it is more useful as you think

Paypal is being used in the third world countries more compared to bitcoin.

Thats cause bitcoin is still relatively new compared to paypal. But the day will come when they will ditch paypal for btc.

But its still a hassle to even get that paypal account in those third world countries

If paypal is hard to get in the third world countries how much more bitcoin? Bitcoin needs to educate people, Paypal needs to accept bitcoin.

[pajrinn]

Everyone might hate paypal here but it is more useful as you think

yeah, I use paypal for shopping between countries
it's very useless 

[GenieBTC]

Everyone might hate paypal here but it is more useful as you think

yeah, I use paypal for shopping between countries
it's very useless 

Bitcoin is more useless if you travel in asia

[belk]

There are lots of advantage if one  uses bitcoin. That is why paypal reached out to them and embrace them.

[cubanos]

Maybe the correct question is Why is Breadwallet better than paypal.

Because:

Paypal is where your money goes. Money means $
Breadwallet is where your BTC goes.

So Paypa = Breadwallet, Dollar = BTC

[Ruthful]

Bitcoin is more useless if you travel in asia

QFT

That's one of the reason why I'm not using bitcoin , among other that I've stated before (lack of chargeback a.k.a buyer protection e.g).

[NEM minnow]

Paypal for all the bad talk here has done a huge amount to boost internet sales.  Before Paypal, do you remember what it was like?  If I wanted to buy a book from a small bookstore online, how could I know it wasn't a scam?  If I wanted to buy something from an online auction, how could I know they seller wouldn't rip me off after I sent my money.  Paypal is a main reason why there is internet commerce today.

Yes, there fees are so high and it sucks for sellers.  But without it, the buyers wouldn't be buying. 

And this is the problem with bitcoin.  When I send crypto across the net to somebody, I am always nervous.  It is pseudo anonymous, there is no way for me to get my money back, and if they run, I am completely screwed.  From a buyers perspective, it is so much riskier using bitcoin.   Scammers and cons love to be paid in bitcoin.  Real businesses hate using Paypal, but know it draws business.