Bitcoins	Paypals
Can pay anyone with a Bitcoin wallet, with a mining fee	Can pay anyone with a Paypal account, no fee
Over 10 million wallets	Over 100 million accounts, plus a billion credit/debit card users can pay you (with a fee.)
Don't need a bank account to pay other users.	Don't need a bank account to pay other users.
Do need a bank account if you want to turn them into regular money.	Do need a bank account if you want to turn them into regular money.
Price is, uh, whatever it is.	Pegged 1:1 to US dollar
Exchanges have collapsed, taking clients' money with them.	Doesn't lose people's money.
Some exchanges licensed and audited, some not	Publishes audited financial reports, regulated by SEC and other agencies
Tether is 1:1 to US dollar but nobody believes it.	Paypal is 1:1 to US dollar and everyone believes it.
Can exchange to other cryptocurrencies for some fee	Can exchange to other Paypals (C$, £, €, etc.) for 3% fee
If you lose your password, your bitcoins are gone.	If you lose your password, you can call their account recovery department.
Widely accepted for illegal stuff.	Widely accepted for legal stuff.

posted at: 14:00 :: permanent link to this entry :: 1 comments

Stable link is https://jl.ly/Money/bitpal.html

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