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You're comparing the wrong thing, PayPal's market cap and Bitcoin's market cap represent different things. A more fair comparison would be payment volume, in which Bitcoin has done 15B in past 24hrs, whereas Paypal has done 100B in the last quarter.

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Do you have a source?

I'd believe the 15B is transaction volume (including investors buying/selling) not payments for regular goods?

Someone would have to be dumb to use BTC as regular money right now because of the large transaction fees and long confirmation time.

I am doubtful anyone is actually holding and transacting on clear market with BTC.

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