> For example as a merchant you don't have to trust PayPal with your money and trust them to process credit cards from the buyer and then send it to you. > You

> For example as a merchant you don't have to trust PayPal with your money and trust them to process credit cards from the buyer and then send it to you. > You can just accept payments digitally directly like if they gave you cash in person. You're just moving your trust around. You have to trust that the cryptocurrency system was implemented correctly and without bugs, and you have to trust your wallet to be implemented correctly and without bugs, and if it's a hosted wallet you have to trust the hosting service, and if it's a local wallet you have to trust your local system to ensure you don't lose your key or get hacked. Also since we're dealing with a different currency now you have to trust that the currency will actually act as a stable store of value. Or if you use something like Coinbase to accept bitcoin but immediately turn that back into USD, you're now trusting Coinbase to process these transactions.