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File: 28 KB, 672x261, paypal-logo.png [View same] [iqdb] [saucenao] [google]

Which crypto has the most legitamite chance to replace Paypal? Anonymous Sat Feb 10 12:40:49 2018 No.7529546 [Reply] [Original]

not REQ btw

>>	Anonymous Sat Feb 10 12:41:59 2018 No.7529567 WellsFargoCoin

>>	Anonymous Sat Feb 10 12:42:00 2018 No.7529568 >>7529546 Omg

>>	Anonymous Sat Feb 10 12:42:10 2018 No.7529575 >>7529546 PayFair

>>	Anonymous Sat Feb 10 12:42:11 2018 No.7529577 OMG for fucking real

>>	Anonymous Sat Feb 10 12:42:50 2018 No.7529593 no crypto

>>	Anonymous Sat Feb 10 12:43:03 2018 No.7529601 How would req & omg coexist?

>>	Anonymous Sat Feb 10 12:43:28 2018 No.7529613 >>7529546 Omg

Anonymous Sat Feb 10 12:47:35 2018 No.7529698

>>7529546

PayPal has a different value proposition to anything in crypto - remember they arbitrate returns/refunds via human inspection which is a big part of the buyer/seller appeal.

The above process would therefore be incompatible with the immutability of the blockchain.

My view is blockchain tech is only in the infrastructure/protocol layer, see the OSI.

Before a PayPal killer can emerge, we would need to see a richer application layer emerge capable of autonomously resolving buyer/seller conflicts, fraudulent tx etc. The application layer could be built on Ethereum, Quantum, EOS, Tezos, NEO etc.

Conclusion: PayPal killer has not yet been born.

>>	Anonymous Sat Feb 10 12:48:47 2018 No.7529720 Nothing that uses coins.

>>	Anonymous Sat Feb 10 12:50:37 2018 No.7529760 File: 127 KB, 675x1200, DUO3j7wW0AEsBkM.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Sat Feb 10 12:54:06 2018 No.7529851 >>7529698 Escow already exists as a feature of many cryptocurrencies

>>	Anonymous Sat Feb 10 12:54:55 2018 No.7529875 >>7529546 SmellyCoin lmfao

>>	Anonymous Sat Feb 10 12:55:00 2018 No.7529877 >>7529760 i would literally spit in someones face if they gave me this pajeet tier piece of shit

>>	Anonymous Sat Feb 10 12:56:29 2018 No.7529911 File: 437 KB, 600x445, 8D9915F1-3985-4B39-B60C-CC5B000D36D9.png [View same] [iqdb] [saucenao] [google] >>7529875 THAT WOULD BE 85 SMELLY SIR

>>	Anonymous Sat Feb 10 12:56:36 2018 No.7529912 >>7529546 Litecoin right now. Bitcoin after LN.

Anonymous Sat Feb 10 12:56:53 2018 No.7529916 [DELETED]

>>7529546
We have a free to join group for ALL like minded investors. There will be absolutely NO VIP/premium subscription membership B.S.

It will be FREE forever. The group is fun and also Crypto oriented with LESS Spam, would you like to join? We don’t need 15,000 people, 100 contributing traders is enough. I'm only asking people I think will bring value to the community

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>>	Anonymous Sat Feb 10 12:57:17 2018 No.7529926 >>7529568 >>7529577 >>7529613 this

>>	Anonymous Sat Feb 10 12:58:01 2018 No.7529941 >>7529912 https://crushthestreet.com/articles/digital-currencies/litepay-litepal-set-rival-paypal-itself sauce

>>	Anonymous Sat Feb 10 12:59:14 2018 No.7529967 >>7529546 nano

>>	Anonymous Sat Feb 10 12:59:26 2018 No.7529974 Stripe Coin

>>	Anonymous Sat Feb 10 13:00:21 2018 No.7529996 File: 76 KB, 1125x219, image.jpg [View same] [iqdb] [saucenao] [google] Pic related

>>	Anonymous Sat Feb 10 13:03:04 2018 No.7530057 File: 13 KB, 200x200, 20414061 (1).png [View same] [iqdb] [saucenao] [google] PASC

>>	Anonymous Sat Feb 10 13:06:37 2018 No.7530126 >>7529546 Unironically Bitcoin Cash or any other currency type of coin. You don't need a company built specifically for payments as people will develop those platforms on top of the major coins.

>>	Anonymous Sat Feb 10 13:08:22 2018 No.7530168 >>7529575 Unironically this

>>	Anonymous Sat Feb 10 13:10:35 2018 No.7530220 >>7530126 https://crushthestreet.com/articles/digital-currencies/litepay-litepal-set-rival-paypal-itself

Anonymous Sat Feb 10 13:12:34 2018 No.7530260

>>7529698
>PayPal has a different value proposition to anything in crypto - remember they arbitrate returns/refunds via human inspection which is a big part of the buyer/seller appeal.

>The above process would therefore be incompatible with the immutability of the blockchain.

Smart contracts are turing complete so they can effectively replicate any other piece of code in the world with enough effort. It's possible to create a system with payment confirmations where it's possible to refund money within a certain amount of time.

>>	Anonymous Sat Feb 10 13:16:53 2018 No.7530372 REQ

>>	Anonymous Sat Feb 10 13:18:47 2018 No.7530419 File: 144 KB, 526x718, Beaners.jpg [View same] [iqdb] [saucenao] [google] >>7529760 This

>>	Anonymous Sat Feb 10 13:19:33 2018 No.7530438 >>7529575 This is the correct answer

>>	Anonymous Sat Feb 10 13:20:16 2018 No.7530452 >>7529760 this is fucking digusting. I wish this never existed. This will exist in the bottom of the near 0 dollar value bin at microcenter

>>	Anonymous Sat Feb 10 13:20:59 2018 No.7530471 REQ

>>	Anonymous Sat Feb 10 13:21:23 2018 No.7530481 Ngr coin

>>	Anonymous Sat Feb 10 13:21:44 2018 No.7530487 Ironically, REQ.

>>	Anonymous Sat Feb 10 13:22:23 2018 No.7530506 REQ. Your bait is 3/10 I responded

>>	Anonymous Sat Feb 10 13:24:34 2018 No.7530568 >>7530471 >>7530487 >>7530506 Is it tho? I want to believe cause I've been holding these fucking req bags since 0.09, but what about omg?

>>	Anonymous Sat Feb 10 13:25:30 2018 No.7530590 >>7529912 >litecoin because Paypal transactions take 10 minutes

>>	Anonymous Sat Feb 10 13:27:46 2018 No.7530646 >>7530568 Don't think you know what bags are

>>	Anonymous Sat Feb 10 13:28:01 2018 No.7530656 No crypto will replace fiat payments for the masses. Never. They need a middleman and don't care about decentralization.

>>	Anonymous Sat Feb 10 13:28:45 2018 No.7530673 >>7529575 This

>>	Anonymous Sat Feb 10 13:29:08 2018 No.7530683 OMG is a super strong call. ADA as well. I legit have insider info. ADA will be trading at over 6k satoshi by feb the 22nd. I am not fucking joking about the insider info. You've been warned.

>>	Anonymous Sat Feb 10 13:34:38 2018 No.7530809 >>7530656 Until crypto provides exactly that.. which oh shit, is being developed right now. LUL

>>	Anonymous Sat Feb 10 13:45:26 2018 No.7531094 >>7530656 Oh you mean REQ and its cheaper than paypal

>>	Anonymous Sat Feb 10 13:48:00 2018 No.7531151 File: 12 KB, 400x400, 1516568888972.jpg [View same] [iqdb] [saucenao] [google] This gem

>>	Anonymous Sat Feb 10 13:48:31 2018 No.7531165 >>7529546 REQ

>>	Anonymous Sat Feb 10 14:17:31 2018 No.7531821 >>7529546 YFW paypal is bigger than AMEX. Did you not know? It will be REQ cause connections. Or LTC because its the only btc fork that matters.

>>	Anonymous Sat Feb 10 14:22:27 2018 No.7531927 File: 12 KB, 400x132, 432569LOGO.jpg [View same] [iqdb] [saucenao] [google] >>7529546 https://btcmanager.com/e-bay-signs-accord-adyen-cryptocurrency-payment-platform-bitpay/ Keep an eye on this if you want to know which coins they will use.

>>	Anonymous Sat Feb 10 14:23:30 2018 No.7531956 >>7529575 3pbp

>>	Anonymous Sat Feb 10 14:34:31 2018 No.7532207 That would be REQ

Anonymous Sat Feb 10 14:50:46 2018 No.7532642
File: 79 KB, 532x462, 104331338.jpg [View same] [iqdb] [saucenao] [google]

tell me one reason why paypal itself can't convert into blockchain? they gonna save tons of money, lower their fees and become more competitive, and they already have the capital and the name and the market share

>>	Anonymous Sat Feb 10 14:53:37 2018 No.7532715 >>7529546 > why cant Google into social media > why cant Jewbook into search > why cant Apple into software Retooling an established company is like turning an oil tanker at full-bore. Too many shareholders to keep happy.

>>	Anonymous Sat Feb 10 15:29:43 2018 No.7533685 >>7532715 Thats a really good point.

>>	Anonymous Sat Feb 10 15:31:39 2018 No.7533737 >>7529601 https://blog.request.network/omisego-vs-request-network-a-detailed-analysis-779d1f66675b

>>	Anonymous Sat Feb 10 15:31:55 2018 No.7533743 >>7529546 jnt

>>	Anonymous Sat Feb 10 15:46:13 2018 No.7534087 >>7533737 Perhaps ill pick up some omg to go with my req.

Anonymous Sat Feb 10 15:59:03 2018 No.7534425

Nothing will replace PayPal

If consumers want it they could replace it today, but the average person only feels safe putting their credit card info into PayPal. Even the perfect PayPal replacement appeared good fucking luck getting people to use it.

PayPal is just a middle man though, it's credit card companies that give you all the hassle. The idea of "credit" has gone too far.

>>	Anonymous Sat Feb 10 15:59:54 2018 No.7534450 fupacoin

>>	Anonymous Sat Feb 10 16:03:06 2018 No.7534540 >>7534425 >nothing will replace PayPal yeah cause no product ever gets replaced

Anonymous Sat Feb 10 16:10:22 2018 No.7534737

>>7534540
currently the way crypto works it wont replace paypal. You guys constantly moan about "muh decentralization" but the reality is you can't have a completely secure online "bank" without some form of decentralization. People want to know that someone is in charge of their money, they want to know that some actual company is securing their money and they aren't floating in the "cloud". People want to know if their money get stolen or someone scams them a company will be there to take care of it and refund your money, people want to know that their money are insured and if they get hacked the company will have to find or refund their money. Unless crypto take cares of all these security problems no serious or normal person person or business would want to use crypto for trade and transfers

>>	Anonymous Sat Feb 10 16:11:31 2018 No.7534765 >>7534737 *without some form of centralization

>>	Anonymous Sat Feb 10 16:11:44 2018 No.7534769 >>7534737 decentralization allows them to do all that except the insurance thing everybody's a fucking moron though so whatever

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