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RE: Bitcoin beats one of main competitors in Market Cap - Paypal.
Before BTC existed the best way to pay for stuff online or send money overseas was Paypal.
Of course they are still big and exist but users had loads of issues with them - mostly Paypal can freeze your money easily or let people chargeback you as a seller and you cant do much.
Other than that.. Paypal has big fees. So BTC in earlier days was pretty much a paypal alternative for many.
Today Bitcoin finally beat Paypal im MarketCap.
fantastic well written.
If people remember the damage Paypal caused to them in history, they won't say any positive in it, but, to say the reality point, the future of BTC is bright. It is now faraway better to keep fund in BTC than Fiat.