Do you think Bitcoin will change, like PayPal did?

[emma.lee1890]

Actually the transaction cost in the bitcoin is low but it is higher in relative term but it needs to make it lower. I think this will happen as the number of users of bitcoin is increasing day by day. So investors need to be calm and give some time to the bitcoin. The chances are pretty slim, because the people accepted the BTC for what is it and for the way it is. If it does change, it will be a change for the betterment of the coin and for the people. What suddenly made you think that bitcoin transactions are costly?? It was earlier during late 2017s but with the adoption of segwit, it has come down to a very nominal level. People pays in cents for thousands of dollars of transactions with bitcoin. Paypal will never be able to achieve that in its lifetime.

Actually the comparison between paypal and bitcoin is wrong. One is a profit making organization and another one is decentralized p2p currency system. They don't belong to the same league!!

[elbans89]

Actually the transaction cost in the bitcoin is low but it is higher in relative term but it needs to make it lower. I think this will happen as the number of users of bitcoin is increasing day by day. So investors need to be calm and give some time to the bitcoin. The chances are pretty slim, because the people accepted the BTC for what is it and for the way it is. If it does change, it will be a change for the betterment of the coin and for the people. What suddenly made you think that bitcoin transactions are costly?? It was earlier during late 2017s but with the adoption of segwit, it has come down to a very nominal level. People pays in cents for thousands of dollars of transactions with bitcoin. Paypal will never be able to achieve that in its lifetime.

Actually the comparison between paypal and bitcoin is wrong. One is a profit making organization and another one is decentralized p2p currency system. They don't belong to the same league!!

Yes, I think It will happen. Bitcoin will change, like paypad. But It will take several years again. I believe bitcoin is very potential.

[TripleVodka]

I hope so, because this will be make more people want to buy Bitcoin, and that automatically improve the market to be better, but we never know how it in the future but I hope there will be the best way for Bitcoin and other crypto to make it can give best for the customers

[aldenlim]

Bitcoin and Paypal are different, Bitcoin is a decentralized cryptocurrency while Paypal is a payment processing
system that accepts only fiat/paper money.
The transaction cost of Bitcoin depends on its market value whenever Bitcoin's price is soaring high you should
expect that the price will soar to and its all about its value in the market and not the amount of the transaction
that a person makes affects the fee of a transaction.
I don't think that Bitcoin will be like Paypal in terms of fees.

[aldi putra]

I think BTC will still be a BTC I don't think that bitcoin will be like paypal bitcoin very different from paypal. bitcoin will still be a bitcoin

[simplex]

Bitcoin has the same properties, the only value it has is what we give to it, but Bitcoin is superior in many aspects, because it's not physical and thus not hard to carry around. If you bought 1 billion of gold, because you needed a safe haven, and you wanted to transport it (for any reasons, like your country being in war for example), give it to someone else, etc..

[Malam90]

There  is no comparison between Bitcoin and Paypal. Both are developed with different way and used different technology.