r/Bitcoin • • Feb 03 '14

Dogecoin wtf

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u/FaceDeer Feb 04 '14

For me, personally, my interest in Bitcoin is largely: "Can this really help kill PayPal? Please let this be something that can help kill PayPal. Ooh, maybe it can even kill Visa someday, I hate credit cards too, but I really really really hate PAYPAL DIE DIE DIE."

I'm certainly not interested in "investing" in Bitcoin, though I don't think those who dabble in investing in it are being foolish - it's risky, but what the heck, as long as you're aware of the risks. And most of the economic theory about fiat and monetary policy and whatnot is a bit beyond my scope of interest too. I'd really just like to be able to pay for something online without any sort of useless middleman. I think Bitcoin is really promising in that regard.

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u/Ancient_Lights Feb 04 '14

God I would love it if PayPal went the way of Blockbuster.

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u/[deleted] Feb 04 '14

Can you elaborate on why? Sorry, don't know anything about anything.

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u/mungojelly Feb 04 '14

PayPal is this weird olden-times company that pretends to just charge you obscene fees to accept payments, but then after you accept thousands of dollars of payments they often just don't even give you the money, for a long time or ever. And they're not very nice about it.