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Between paypal and cryptocurrency which one do you prefer to transact with?
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[QUOTE="Good-Guy, post: 80355, member: 29109"] I live in a country where Paypal is not supported. I have heard that Paypal does not even plan to conduct busines in my country in the future due to various reasons. So it is highly more likely that there will be no Paypal in my country ever. Even if Paypal started supporting my country, I will always prefer cryptocurrency and there are several reasons for that. 1) You Can Anonymously Conduct Transactions: There is no reason for why you should verify yourself. You can anonymously conduct transactions when it comes to cryptocurrency and there is no hassle to send your documents to anyone for verification. 2) No One Can Freeze Your Crypto Wallet: There is some possibility of your wallet getting hacked by someone. However, no one will ever "freeze" your wallet for some stupid reason. You can prevent your wallet getting hacked by setting strong passwords and using a different address when carrying out transaction for the next time. It should be noted that even Paypal accounts can get hacked and many people have lost money due to paypal susceptibility. 3) Low Fees: Don't get me wrong. I am not talking about Bitcoin that has high fees right now. I am talking about other cryptocurrencies that have very low transaction fees than Paypal. 4) Cryptocurrencies Are Not "Owned" By A Single Organization: Paypal is a company and it is controlled by a group of people who own the company. Cryptocurrencies are not owned by anyone and they are decentralized. This makes cryptocurrencies even more secure. [/QUOTE]
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Between paypal and cryptocurrency which one do you prefer to transact with?
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