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Paypal has existed since 1998 but it took 10+ years for it to achieve deep, global merchant penetration and consumer acceptance. Bitcoin needs time but I don't
by corford 9y ago
Paypal has existed since 1998 but it took 10+ years for it to achieve deep, global merchant penetration and consumer acceptance.
Bitcoin needs time but I don't think it's unreasonable to imagine it will one day meet and then surpass the current ubiquity of Paypal (and similar) as a payment method (especially for cross-border purchases/transfers). It already wins on utility and transparency. It just needs wider adoption (and less volatility, which wider adoption will help with).