4 ms·
You can't send cash over the Internet.
by spindritf 14y ago
You can't send cash over the Internet.
- Goronmon 14y agoI've used Paypal in the past. Bitcoin is like cash (pseudo-anonymous, nobody can technically interfere with your transactions...) except it is digital while preserving these advantages. This is why it cannot be compared to Paypal. So, Bitcoin is like cash, except in the important ways in which it is different. And along with also gaining some more disadvantages as well. But you're right, Paypal isn't cash. But then again, neither is Bitcoin.
- deleted 14y ago[deleted]
- mrb 14y agoBeing digital and decentralized are 2 significant advantages. Unless you are a luddite preferring to send cash in the mail!
- mrb 14y agoGoronmon: a Paypal account is in no way similar to cash. It can be frozen by authorities. It is centralized. It is not anonymous. Bitcoin is like cash (pseudo-anonymous, nobody can technically interfere with your transactions...) except it is digital while preserving these advantages. This is why it cannot be compared to Paypal.