/biz/ - Business & Finance

>>18530295
priced in

That’s a man

>>18530295

Because holding your money in crypto makes you rich and holding your money in PayPal doesn’t

>>18530331
there both similar market caps and paypal has big investors and partners behind it likeelon musk, google, and ebay so the obvious investement is putting ur money into paypal. im unsure of the staking oportunities tho

>>18530295
paypal is gay
bitcoin is not

PayPal is a privately owned business and bitcoin is money. Businesses fail, money does not.

Reminder that at any moment Paypal can close your account and keep your money for 180 days without providing a reason.

>>18530838
this and the government can do it with bank accounts and boomers can sue you and it takes $50,000 to defend yourself and if you lose they take your bank accounts and other assets

OP is fundamentally a faggot

>>18530295
Try sending $1 billion to someone else on the other side of the world, and do it securely and within 15 minutes without raising any red flags with government/legal entities. Good, now pay less than $800 in fees for that $1b transaction. Now you know BTC selling point.

>>18530838
This. This is why I legit feel safest holding my money in crypto. I have full control over it and noone can freeze my account or anything.

>>18530748
Bitcoin isn't money

>>18531068
So possible illegal activities is a selling point?

I mean what's the use case for sending 1B? It's just something only big companies would do and I'd rather have them red flagged.

>>18531205
You realize you can’t send more than $50k at most banks without a red flag going up right? I tried sending $20k to a relative, transaction was immediately flagged and the funds were frozen for 4 days. Just because you are dealing with a baby portfolio doesn’t mean others with real money don’t stand to gain from the tech

>>18530295
muh SUTER staking gains tho

>>18531118
I can pay you in bitcoin. It is money.

>>18531222
So what happened? Did it not go through? Did you just do it online or did you do it at the bank?

I really don't mind some safety checks along the way. It's not really a big selling point.

I like crypto because it's my dream, money that cannot be artificially inflated, secure and recorded/confirmed by many (although this part is debatable).

>>18531068
>everyone sending billion around the globe

Most US banks block Cash app, btw. And PayPal too.

Moron.

>>18531106
>holding my money in crypto
well your money is worth half what it was last month, and nobody can know what it will be worth next month

>>18531282
Did you see my other post? Most banks red flag anything $10k+. Many freezes and wait times.

>>18531272
Paid 3% in fees, waiting 4 days, two phone calls into the bank to clear the freeze, end user had to wait additional 3 days for funds to clear

Yeah, I think I’ll stick to crypto. To each their own, it just amazes me that people are still blind to the value prop

>>18531346
>Send money using crypto
>Only half of it reaches due to price volatility

>>18531354
Ever heard of USDT or USDC anon?

>>18530295
Your question is one of the most retarded post in my 6 years visiting this shit hole of a board.

PayPal is just a payment processor, crypto is a whole new monetary paradigm which I won't even bother to explain because you're already wasting my time.

Please read a little before asking stupid questions

>>18531324
you still have the same problem here, it's the central authority, not the transfer protocol fault, if btc become even remotely used as a payment by a large number of people , government will easily ban it. the only reason its alive because it's treated as investiment not currency

>>18531272
>money can't artificially inflated
have you heard of usdt, the glue that's keeping btc afloat, it's like our own FED

but it can deflated because all people holding and not using it as a currency

>>18531272
>>18531417
>>18531381
europe looking to ban stable coin

A huge percentage of paypals users have experienced how easy it is to scam with it. This reason alone is why crypto will succeed.