PayPal Files Patent for Fast Bitcoin Transactions
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Before BTC existed the best way to pay for stuff online or send money overseas was Paypal. Of course they are still big and exist but users had loads of issues with them - mostly Paypal can freeze your money easily or let people chargeback you as a seller and you cant do much. Paypal has big fees. So BTC in is bitcoin like paypal days was pretty much a paypal alternative for many. Today Bitcoin finally beat Paypal im MarketCap. Those are old but they do show where we are going here.
Notice was passed. All Stoners are happy but not only them. The number of transactions per 24 hours remains low on bitcoin, and of course the fees are horrendous.
My prediction is that bitcoin is going to remain purely a store of value, like gold, and it will be an alt that behaves like a currency. In the UK only one person I know has actually heard of Bitcoin and the others who haven't I've tried to educate them on the subject. I then realise I need to be educated further on the subject myself to stop the head hurt.
I feel the spread of Bitcoin has been through word of mouth and has grown organically, imagine if it was marketed like PayPal or some of the other financial institutions. In Elon Musk's own words "Yeah. As the network got bigger and bigger, the value of the network itself exceeded any sort of carrot that we could offer. I think cryptocurrencies also should follow a similar strategy until they get enough is bitcoin like paypal and adoption.
We can't say this for Bitcoin and Ether likes. But at-least the new coins which are failing due to lack of marketing and their anonymity could try this. Not to forget that for some time it was mandatory for traders on Ebay to offer Paypal as a payment option. Paypal wouldn't be where it's at, if a behemoth like Ebay had not thrown its weight into the scale. Screw you Lambo fragrance, I'd prefer the smell of Musk with a touch of Tesla.
I'm in line for a Model 3 See my post here: Hope to have my own Model 3 in the future, hopefully when Steem value goes up. Bereh that tulesan droe neuh hy kings eukk, lage lam kapai are. Nyoe kan ku tuleh nyoe koen pu laen, nyoe ku meuharap meurumpok persen bacut bak si karma, meunyoe hana jih jok persen meu bacut theh sang hana so jok keudroe kuh, jadi nyoe komen lon numpang jak siat, meuah beuh, bek neukira apam syara beh, trimong geunaseh, mnyoe awak blah deuh khen thank you very much, nyan ban: Bitcoin crossing the Market Cap of PayPal is indeed a major milestone.
The next mile stone should be to make using Bitcoin as easy as Paypal: Amazing that one will be worth millions in 5 years, while one could be completely worthless. Hate to be the party pooper but we have a long way to go before bitcoin matches the level of adoption that Paypal enjoys.
Of course we've got a long way to go, but we are moving forward and is bitcoin like paypal are moving fast. Seen the CNBC crpyto portfolio news? I think we'll get there. Paypal is actually unknown in China. It is used here in China and abroad. I've heard that most amount of bitcoin is in China. I used WeChat when worked in China. I can now go out without my wallet. But I would never leave home without my phone because it does everything.
I agree, and it should be blockchain based type of Wechat and Alipay that we should be using. Transparent, decentralized and accountable.
But making it blockchain based will make it transparent, decentralized and accountable. I agree, its headed that direction, maybe after segwit is all locked in and fees as well as wait times decrease. Right now, we're sitting at. Paypal is known for giving people, that want to use it to buy crypto, a hard time. Eat that paypal ; tip! It was only a matter of time until Bitcoin surpassed Paypay in Market Cap, but in real life Bitcoin and other crypto currencies will actually replace dinosaur technologies like Paypal with quicker, cheaper and more reliable blockchain based crypto currencies.
Lets go to the moon: I am so happy to hear that Today Bitcoin finally beat Paypal in MarketCap; it will be one of top online payment is bitcoin like paypal. This is one of the most important things about BTC that nobody seems to be talking about. PayPal would be bankrupt in no more than a couple of years in may opinion, and this may bring an amazing boost to bitcoin, making it an even more common currency.
It also may help in the facilities of exchange it into cash, if thats what you are trying to do, at a higher level it could even make us care less about having cash money, because it will be more accepted in a daily basis use.
This post recieved a vote from minnowpond. For more information click https: One of the coolest articles I've read. It is not late to venture in bitcoin and altcoins even in pumpcoins. We are in a golden crypto age. I is bitcoin like paypal looking forward to this moment for few years already! In your face PayPal for all the accounts closed for Bitcoin trading! If people remember the damage Paypal caused to them in history, they won't say any positive in it, but, to say the reality point, the future of BTC is bright.
It is now is bitcoin like paypal better to keep fund in BTC than Fiat. There are not too many companies worse than Paypal. Especially if you are a seller who is is bitcoin like paypal to use them on certain platforms. This is great but Bitcoin has a lot of ground to cover to even come close to the volume and the ease of use which in the end is what matters to is bitcoin like paypal end users.
If we compare the volume of transactions that Paypal handled in transactions per second with what Bitcoin is capable of handling today then Bitcoin has a lot of catching up to do. The Steem blockchain has a lot better functionality.
Nevertheless it is a milestone for Bitcoin that is worth mentioning. But Bitcoin now has huge fees compared to Paypal. I think people are just buying Is bitcoin like paypal as an investment options and now it's use is bitcoin like paypal be limited. Probably coins like steem and ETH will be more used for actual transactions. I bet its gonna become so high that they are going to make another currency above bitcoin that is always worth x more than 1 bitcoin.
Maybe even is bitcoin like paypal, terabitcoin? Well, those units already exist: But I don't know why is bitcoin like paypal would need them as marcet is bitcoin like paypal increases. They were used many years ago when 1 kBTC was worth only a few cents.
It seems that soon most of the payment systems will not be needed, will they be replaced by crypto currency? Can't wait for a Bitcoin price stable enough to keep it in a phone wallet and just scan a QR code to pay online instead of a centralised process. Why can't you do that now. Surely it's better to hold money in an asset that keeps rising vs a one that keeps deflating fiat.
Even if you sell parts of it while it's still rising. Or do you mean stable enough that it won't drop in price? I mean the moment that Bitcoin is used by so many that price no longer fluctuates much and thus is not an object of pure speculation anymore.
That moment is by no means there yet. Is bitcoin like paypal should is bitcoin like paypal out BlockPay using BitShares market pegged assets. Bitshares Munich have an app out for it already, and a new improved one is in is bitcoin like paypal by kencode and his team. We are going to reach the dollars announced by many expert before the end of ! And maybe more also I believe in you Ethereum! You can do it! Thanks for sharing with us. What's crazy is that every medium of exchange is intrinsically a ponzy scehme.
This is just a better one. A question friend how much do you expect the correction of bitcoin to sell? I would like your opinion. You have just received a 0. If you wish to learn more about tipU sharing profit is bitcoin like paypal free to click here. This is great news, people will soon realize that there's a better payment processor other than the mainstream payment processors who charge high fees and ask too many questions.
The market caps of PayPal and Bitcoin are really two entirely different things. It does not reflect the amount of money held in the accounts. The money is not owned by PayPal and therefore not included in the worth market cap of the company.
