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๐Ÿ—ฃ Why Crypto Is Better then paypal or any medium of payment?

๐ŸŸก Lower Fees
Paypal Charges 3-15% Of Transaction Fees On Each Transaction While Crypto Is Only Few Cents

๐ŸŸกMore Options
With PayPal, users are locked into the fiat currency paradigm such as the US dollar, While Crypto Have Thousands Of Options.

๐ŸŸกTruly Global
PayPal is not available in every country with notable exceptions being Iran, Afghanistan, North Korea, and Haiti.

Bitcoin on the other hand is the first true transnational currency because it is border-agnostic like the Internet. In other words, it can be controlled to an extent on a very local level but cannot be shut down globally unless electricity is shut off everywhere in the world.

๐ŸŸกDecentralized
The decentralized nature of Bitcoin means that there is no single clearing house monitoring and controlling the network. This โ€˜trustlessโ€™ payment system greatly increases the security of a network as there is no single point of failure such as from a DNS attack.

๐ŸŸกNo Chargebacks
When a Bitcoin transaction is sent, it cannot be reversed or โ€œcharged back.โ€ These chargebacks often create a problem for merchants as unscrupulous customers can sometimes take advantage of this policy to get the product and money back whereas a Bitcoin transaction is final.

๐ŸŸกFreedom
This is the overall most important point that cannot be stressed enough. Bitcoin lowers the barriers for all to participate in global commerce.

While this may seem trivial at first, consider that almost 2.5 billion people on this planet do not have bank accounts and thus, cannot use PayPal. Bitcoin has the potential to finally bring almost half of the world that is unbanked into the global economy, which can then be truly called Global.

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