As far as I can see it, bitcoin can and will overcome paypal in a few years time if every store starts using bitcoins as an effective alternative for digital purchasing. Bitcoin is so large now and will most likely dominate easy-pay systems. There will come a time that we'll never use Mastercards when Bitcoins blows-up!

Yes i think bitcoin will overcome paypal..i believe it ..now a days people love btc than paypal

About which country you are talking about, im curious.
Blockchain does not resolve the problems regarding payment for products.
If the payment is maid, it is not reversible and YES, seller is protected.
But how about the buyer? How buyer can be sure that seller will not scam? There should be 3rd party for assurances or some-kind of block-chain technology that allow to encrypt the deal in such way that buyer has protection also, for example he could release the money himself from some kind of smart wallet when he has satisfied with service.

Before long it will happen in light of the fact that as individuals are demonstrating love toward bitcoin then it is conceivable soon on the grounds that individuals need to get advantage from something which is in bitcoin consequently individuals are going for bitcoin rather going for PayPal. Since they lean toward bitcoin they realize that bitcoin can twofold there sum.

I strongly believe bitcoin has overcome paypal or is even about to even though i don't have the facts yet because a lot of people like myself and friends now find it easier to move money around using bitcoin and with a lot of exchanges springing up i bet the world will start ditching paypal and the likes soon especially when the merchants begin to see the light.

Bitcoin with legalization will overcome paypal for sure, it has no limits as well no requirement of personal information, but what damages paypal is their fixed fee no matter the size of the transaction they collect a fixed % into those, wich makes bitcoin to get big volumes cheaper. Bitcoin isnt well know worldwide while paypal is used and recognized by the most people, but like happened with Wester Union wich their services were provide remitances to be sent and received anywhere for a fee, paypal will loose some costumes to crytpo.

I think paypal will use blockchain to finish its transaction in the future.

In a medium future I think so. The fact is that right now paypal (using $) is a large extended method that everyone knows and knows how to use it, and a change of it would take several years. Including the fact that you are putting in also a new currency, which is totally different. But I actually think that eventually there is going to be the change.

Hi! I'm newbie here. Can I ask what is a paypal?