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why everyone uses Bitcoin instead of paypal?

Discussion in 'General Social Chat' started by sori, Nov 9, 2019.

  1. sori

    sori Newbie

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    l searched the threads in SMM marketplace
    but they don't accept paypal payments
    is it because paypal doesn't have a seller protection? or something?
    anyone?
     
  2. YujinTan

    YujinTan Elite Member

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    guess paypal service charges is more than BTC exchange fee perhaps.

    Next , a lot collecting BTC as quite a strong indication that BTC again will back to 10k mark at least or who knows beyond.

    This is why perhaps they want BTC
     
  3. underachieved

    underachieved Jr. VIP Jr. VIP

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    Exactly the opposite.

    Almost everyone accepts PayPal vs crypto. And paypal is always better to give as a payment.

    A lot of people still don't regularly use crypto, or it carries a lot of fees for them

    PayPal has protection, but more on the buyer end
     
  4. sori

    sori Newbie

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    wow. good to know! :) thanks
     
  5. sori

    sori Newbie

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    oh really?? Paypal has seller protection ? i wonder if i can sell likes and followers and accept paypal payment
     
  6. sunnybay

    sunnybay Newbie

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    I wish you were right.. most of the services still use paypal and I see no point of using it at all. Paypal is outdated, it's the 20th century method that is still in use for the same reason compact cassettes has been in use when we already have CD's and MP3 around. It takes time for large park of "walkman's" to be broken..
    Bitcoin is the best and easy payment method for both merchant and customer. Question, do you have any issues with Bitcoin payment method? Why do you still need paypal.
     
  7. YujinTan

    YujinTan Elite Member

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    yes logic , but also depend where you stay? currency difference .
    Paypal good is for buyers, got more protection.

    I feel is a good thing for this , as to ensure seller follow the rules etc don't try to scam buyers .

    Some black sheeps sellers use to selling scam products etc , using paypal payment last time

    i guess Paypal slowly come to know this thus implement more safety protection for buyers.

    I not sure on some sellers their Paypal suddenly lock got limit etc which is another problem and yes some hate paypal for this etc.

    To me I haven't reach the stage daily got what 10k, 20k in paypal yet. Next I have to habit don't like to store so much money inside Paypal.
     
  8. underachieved

    underachieved Jr. VIP Jr. VIP

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    That's the worst thing you can sell via PayPal. Paypal hates those digital services and will most likely ban your account.

    The protection is mostly favored for the buyer.
     
  9. HustleTong

    HustleTong Jr. VIP Jr. VIP

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    PP doesn't really favor SMM related transactions.
     
  10. YujinTan

    YujinTan Elite Member

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    yes , I does read some members comments , feedback on this.. This is why is wiser don't store so much funds on Paypal , I feel , wait who knows
    one day account been lock , etc .
     
  11. Santosh_San

    Santosh_San Junior Member

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    PayPal gives shits about sellers. Favouring buyers in case of disputes. Also PayPal terminates account without reason and many funds gets stuck and can't withdraw it until 6 months time.