Why is bitcoin better than other electronic banking, like Dwolla or Paypal?

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Why is bitcoin better than Dwolla or Paypal?

Kinnard Hockenhull

Posted 2013-03-12T05:50:11.363

Reputation: 2 285

possible duplicate of What is Bitcoin?

o0'. 2013-03-12T08:46:11.410

Answers

6

You don't need anyone's permission to use it. Nobody can freeze your account or charge back a payment after you received it. It's accessible to anyone with Internet access regardless of what country they're in. No single company can dictate its policy. It is almost free to use with no proportional fees.

David Schwartz

Posted 2013-03-12T05:50:11.363

Reputation: 46 931