Bit coin is a peer to peer transaction system created last year that uses trades to be, conducted by a digital money, the bit coin. Unlike monies given by states, Bit Coin is completely electronic and is separate of any state or market, without ties to some monetary authority, corporation, or business.
Does anyone understand why anyone is even remotely interested in using no-privacy coins?
I struggle to understand why people want to use no-privacy coins. I mean, what's the advantage of BTC or even LTC over fiat these days? Transfer fees for fiat, even for international transfers (e.g. via transferwise) are trivial these days, most transfers get processed super quickly, if not instantly (e.g. with paypal). Bitcoin fees are massive, it takes forever to receive any funds and there is even less privacy than with fiat (I can buy visa gift card wearing a mask and will have more privacy with fiat than with bitcoin, not to mention using actual cash). I guess BTC or LTC are not "controlled by the central banks", but are still free from democratic. Now, monero is a completely different story. It is actually what I thought bitcoin was when I first heard of it. It has an immense advantage over not just other cryptos but also other coins. So, my question is, why does anyone find using any of the no-privacy coins better than using fiat?
Introducing VendBits, a marketplace for digital products with transactions made using PayPal, Stripe, Bitcoin, Bitcoin Cash, without any seller fees. Payments are made directly to the seller, instantly.
I have launched a new marketplace for digital products such as stock images, photos, and videos at https://vendbits.com Feel free to post your digital items for sale.
This is Why PayPal Won't Let It's 346 Million Users Send and Receive Bitcoin
Many of us rejoiced at the news that PayPal will soon let its 346 million users buy and sell Bitcoin. But the joy was short-lived after it became apparent they were not going to let people withdraw and send Bitcoins purchased on PayPal to other people. I mean, what the heck is that? https://i.redd.it/kncmj0q5cmv51.gif But think again? What would happen to the Bitcoin network if PayPal suddenly exposed millions of users all at the same nice. Your guess is as good as mine, Bitcoin transactions would probably take days to settle and that isn't good for all of us. If you're tried transacting with Bitcoin in the past few days, you'll understand its already taking long for transactions to settle. And mind you, we're still at $13k price. What will happen when we see $20k, $50k or $100k? The Point? Bitcoin isn't ready for the PayPal effect and PayPal knows this. In fact, they're being friends of Bitcoin by not enabling send and receive at this point. Therefore, instead of whining about PayPal, we should be happy about the good PR their adoption gave to Bitcoin and the millions that will probably be buying Bitcoin for the first time via their platform.
Do not let perfect be an enemy of good
The focus should now be on getting bitcoin ready for mass adoption
An example of a peer-to-peer lending platform that allows you to buy bitcoin with PayPal is XCOINS. So now you know the different types of platforms where you can buy bitcoin using PayPal. Why should you consider using PayPal in the first place? 5 Ways To Buy Bitcoin With PayPal Instantly. There are 5 main platforms that you can use to buy bitcoin with PayPal instantly and securely. Etoro. Lea 1. Buy Bitcoin with PayPal through eToro. Pros: Relatively low fees, a variety of payment methods accepted Cons: Not available worldwide, withdrawing profits in crypto is complicated The easiest way to buy Bitcoin with PayPal would be through eToro but only for a limited purpose. While the platform will allow you to buy bitcoins with PayPal, withdrawing them to your wallet will take an ... The problem with them is that their fees are quite high, expect to lose 10.5% of your bitcoin value. They also send PayPal funds for goods and services (Paypal will take regular fees for receiving funds). Expect that they finish the transaction within 24 hours as orders to convert bitcoin to PayPal are not instant. Coinbase Fees. The fee for transferring money to another PayPal member can vary based on options. The typical transaction charge for PayPal is $0.30 per transaction plus 2.9% of the amount transferred. The transaction charge is deducted from the payment amount. A "personal, payments owed" transaction to another PayPal account where the recipient's account is not a business account will incur no ... Obviously PayPal adopting bitcoin is huge and a good thing for bitcoin. But with the fees and the fact that each time you use bitcoin through PayPal … Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. Log In Sign Up. User account menu. 1. PayPal fees/taxes. Close. 1. Posted by 3 hours ago. PayPal fees/taxes. Obviously PayPal adopting bitcoin is ...
Get a Wirex card using this link to get $5 of FREE bitcoin when you order your card and another $5 of FREE bitcoin when you load it with min. $100 credit: ht... How to buy Bitcoins with debit card or Paypal - ZERO fee's - Duration: 13:37. Moocharoo 134,166 views. 13:37. Don't use Coinbase, use GDAX instead to ELIMINATE FEES! The difference between ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. How To Buy Bitcoin Cheap And Pay No Fees On GDAX! (Coinbase Pro) - Duration: 14:42. ... How to Transfer Bitcoin To PayPal 2020 (Instant Exchange) Sell Bitcoin - Duration: 2:47. Bitcoin Tulz ... We pay up to 50% of our transaction fees to our affiliates. ... Cheapest way to buy Bitcoin with PayPal, Skrill, and Neteller (4% fee) - Duration: 5:56. Osu Limitless 21,922 views. 5:56 . How To ...