On August 2, PayPal quietly announced that they were increasing fees on some domestic transactions types

Fees before August 2:

Fees now:

On-chain Bitcoin transactions fees aren’t dependent on how much you send, just how long you want to wait for the transaction to settle. With Lightning, transactions fees are so low they’re practically free. Sometimes they’re actually free! Lightning is instant as well. The only limitation is your channel capacity.

Both are permissionless, don’t treat domestic or international transactions differently, don’t require a bank, and incredibly secure.

Bitcoin will force PayPal to adapt or die.

View Reddit by mju_cryptoView Source

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