based on the amount of times that Paypal has screwed me, I would be perfectly okay with another system taking their lane.

Overcome of what? Bitcoin is a currency and Paypal is a company. Can bitcoin do what Paypal can do alone without the help of third party? It should be a comparison between Paypal and Bitcoin exchanges because they are both providing services on how people will use their fiat and bitcoin.


Why replace if we can take advantage of the both?

It's really rare for me to fully back what bitcoin can and can not do, even with so much personal interest vested... but I am very certain that if bitcoin can stay its course, it will easily overtake paypal.

PP has been around for so much longer and it took them a while to take hold. Bitcoin all the way!

Paypal still be a good interms of buyers protection because they know who is the person who dealing with them because their accounts is verified..
Unlike in bitcoin almost all people are anonymous we do know each other even who are managing our wallet or any we wallet..
The good thing in bitcoin the price is not stable unlike in paypal we only get the protection but in bitcoin we are getting benefits of price increase and cheap fee..

I think that there is a chance that this will happen because the bitcoin is already very popular and is still growing all over the world.

That's inevitably true and it'll come to pass in the near future. Bitcoin properties and potentials far outweigh PayPal as a payment system.

I don't look at it from that point. Mainly because of the fact that PayPal clearly is doing something right as it keeps attracting people to sign up at their service. What I can see happen is that Bitcoin overtakes PayPal in terms of daily transferred $$ volumes. But even if that doesn't happen, then still, we don't have to focus on how to overcome/replace/overtake whatever payment service or bank. People have to accept that Bitcoin is only functioning as an alternative. It's available for people looking to make use of something with no third party interference where you can send and receive money instantly 24/7 world wide.

Definitely yes. Paypal works in a traditional environment of fund transfer and they have set of rules and regulations to comply with. On the other hand, bitcoin is a new technology and it is whole different subject matter as compared with fiat currencies. Bitcoin as a technology is far more advanced than a paypal as a technology and hence in coming future, I think the volume of transactions in bitcoin would surpass the volume of that of paypal.