Paypal and Bitcoin Streamline the Online Purchasing Process
Paypal is one of the most trusted and popular services for online transactions these days. Paypal is everywhere now, as many merchants and traders have adopted it with open arms.
Bitcoin is another method of conducting online transactions, which has carved out its own place in the market. Bitcoin is a decentralized, digital currency, with a fixed supply, that reduces the need for using physical or hard money.
On one hand, Paypal makes online, fiat transactions fast and easy. On the other hand, Bitcoin is both a currency and payment system that operates independently of the fiat monetary system, thereby making online purchases more like an equivalent of cash purchases in the real world—whereas Paypal is merely an intermediary between the Internet and a Physical bank.
The speed, security, and convenience of Bitcoin has of course created an ever-increasing demand for the digital currency. As a result, online Bitcoin exchanges—a popular avenu
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