Chargebacks are the reason. If you buy a bitcoin with a credit card and I send you a bitcoin, you can get your money back from the credit card company and keep my bitcoin.
Chargebacks are the reason. If you buy a bitcoin with a credit card and I send you a bitcoin, you can get your money back from the credit card company and keep my bitcoin.
Yes, Bitcoin is a threat, for the whole financial system for that matter, but it's much more of a threat for those who don't adopt it than for those who do. At least if Paypal adopted it, they could remain relevant in the future, and people would still use them.
And of course Paypal suffers from same problem as credit cards of chargeback and fraud
In Canada, http://cavirtex.com or https://vaultofsatoshi.com/
If you are in Europe, http://bitcoin.de , http://bitcoin-central.net , https://www.bitstamp.net/
If you are anywhere, check out your local Bitcoin meetup group.
Took me about 30 mins total from wanting to buy to having my order placed.
(If you use NAB it will be even faster, I had to make a cash deposit at an NAB)