Which is better? Bitcoin or Paypal.

It is appealing and interesting to compare the cryptocurrency Bitcoin with the famous PayPal online payment method, two digital payments mean that are used a lot these days. But today I'm going to explain my reasons why I think the bitcoin exchange is better than using PayPal. I indicate that this article is a true testimony in favor of Bitcoin and all the advantages it offers.

I am starting from the fact that many Bitcoin users today appreciate PayPal's online transaction model as something archaic or outdated. While until very recently PayPal was the favorite for all of the Internet community, Bitcoin's rapid and rambling advance has led to an unfavorable comparison for PayPal.

I focused on analyzing and identifying why the new virtual currencies such as Bitcoin have greater advantages and benefits over traditional old means of payment and among the different reasons, I consider the following to be the most relevant:

• The high fees that PayPal charges to customers. This is usually the main advantage of Bitcoin that stands out among the enthusiasts and experts of cryptocurrency. Compared by PayPal has been evident the requirement of high commissions to users, specifically about 3% per transaction and the best bitcoin rate is cheap.

• The Bitcoin exchange in India offers more options. With the PayPal system, users are confined to the paradigm of fiduciary currency, such as the US dollar or the Indian rupee, which will continue to lose value over time. This in countries like India with controls and lack of viable currency options can leave citizens in a difficult scenario, struggling to find another method to safeguard the value of their money. In contrast, the price of bitcoin does not depend on any centralized currency.

• Global Bitcoins. PayPal is not available in all countries, with exceptions like Iran, Afghanistan, and Haiti. On the other hand, selling Bitcoins is possible worldwide. In other words, the exchange of bitcoins in India can be controlled to a certain extent at a local level, but it cannot be extinguished globally unless electricity is turned off worldwide.