PayPal versus Bitcoin: simple table to compare ownership structure and business model of PayPal Holdings, Inc. with those of Bitcoin Network so as to better understand bitcoins

in #bitcoin4 years ago (edited)

PayPal Holdings, Inc. is a public company while Bitcoin Network is considered by some to be the first decentralized autonomous organization.

PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders.

https://en.wikipedia.org/wiki/PayPal

The bitcoin network is a peer-to-peer payment network that operates on a cryptographic protocol.

https://en.wikipedia.org/wiki/Bitcoin_network

PayPal versus Bitcoin.png
A simple merge of images from wikipedia.org

Ownership structure

PayPal Holdings, Inc.'s ownership is facilitated by PayPal shares.Bitcoin Network's ownership is facilitated by bitcoins.
PayPal shares are owned by its founders, employees and investors.Bitcoins are owned by bitcoin miners, investors and those who accept bitcoin payments.
The creation of new PayPal shares is restricted by a set of rules agreed upon by the current shareholders.The creation of new bitcoins is restricted by a set of rules agreed upon by the current bitcoin holders.

Business model

PayPal Holdings, Inc.'s money is a digital representation of fiat currencies such as USD and EURO.Bitcoins act as money within the Bitcoin Network.
PayPal Holdings, Inc. facilitates the sending of fiat currencies between people.Bitcoin Network also facilitates the sending of bitcoins between people.
PayPal Holdings, Inc. charges fees for its services.Bitcoin Network also charges fees for its services.
The fees generate revenues and profits for PayPal Holdings, Inc.The fees generate revenues and profits for bitcoin miners who operate the computers that host the Bitcoin Network.
The more people use the services of PayPal Holdings, Inc., the more the revenues and profits, and as such the value of PayPal shares increases.The more people use the services of Bitcoin Network, the more the demand for bitcoins, and as such the value of bitcoins increases.
Sort:  

You got a 33.33% upvote and resteem from @ebargains courtesy of @mkdouglas. Thank you for using the @ebargains UPVOTE and RESTEEM bot.

If you are looking to earn a passive no hassle return on your Steem Power, delegate your SP to @ebargains by clicking on one of the ready to delegate links:
50SP | 100SP | 250SP | 500SP | 1000SP | 5000SP | Custom Amount

You will earn 80% of the voting bot's earnings based on your delegated SP's prorated share of the bot's SP pool at the end of EACH voting round! That is up to 38.5% APR! You can also undelegate at anytime.

Resteemed to over 16000 followers and 100% upvoted. Thank you for using my service!

Send 0.200 Steem or 0.200 Steem Dollars and the URL in the memo to use the bot.
Read here how the bot from Berlin works.

@resteem.bot

We are happy to be part of the APPICS bounty program.
APPICS is a new social community based on Steem.
The presale was sold in 26 minutes. The ICO will start tomorrow.
Read here more: https://steemit.com/steemit/@resteem.bot/what-is-appics

@resteem.bot

Resteemed by @resteembot! Good Luck!
Curious? Read @resteembot's introduction post
Check out the great posts I already resteemed.

ResteemBot's Maker is Looking for Work

Very interesting post good knowledge

This post is resteemed and upvoted by @bestboom

Resteem bot Service! Boost Your Post. Send 0.200 SBD and your post url on memo and we will resteem your post on 5000+ followers from two different account.@stoneboy and @vimal-gautam.

Delegate STEEM POWER 1000 SP Or Any Amount Through v2.steemconncet.

helpfull post

Resteemed by @resteembot! Good Luck!
Curious? Read @resteembot's introduction post
Check out the great posts I already resteemed.

ResteemBot's Maker is Looking for Work

Resteemed by @resteembot! Good Luck!
Curious? Read @resteembot's introduction post
Check out the great posts I already resteemed.

ResteemBot's Maker is Looking for Work

Coin Marketplace

STEEM 0.39
TRX 0.07
JST 0.050
BTC 42112.84
ETH 3121.85
USDT 1.00
SBD 4.70