![blockchain-vs-paypal-874x431.png](https://cdn.steemitimages.com/DQmU2qr9ePAiNCDidPGbYR2zMqodE1UcyJ26kiqqo47CP32/blockchain-vs-paypal-874x431.png) Once again, the problem of having a central authority was highlighted when a big company like Paypal can change their fee structure in a whim. Paypal has issued a new terms and conditions that will become effective this May 7, 2019, one is Paypal will now keep all seller’s fees when processing a refund, basically what is this saying is that it will punish sellers for buyer's change of mind. The second is about the international transaction where before Paypal just used to charge a flat fee for this service. However, with the latest terms and condition changes, it has announced that it will now charge a variable fee of five percent. This transaction fee will be no more than $4.99 and no less than 99 cents. What this implies are that the small transactions will carry the burden the most while the bigger transactions will only be charged to a maximum of about $5 fee. Now when you compare this with crypto transactions, which does not need any mediation and that when you send to a friend next to you or to someone thousands of miles away just cost you the same. That amount is a minimal fee or sometimes close to nothing. With the advent of crypto for payment transactions, I am looking to seeing that these harsh payment fees imposed by big companies like Paypal will soon be a thing of the past. Visit this news report for more details: https://www.newsbtc.com/2019/04/08/paypal-fee-bitcoin-crypto/ [ ![amp.jpg](https://cdn.steemitimages.com/DQmUfsi3pQrFn2Z2DashSF1jdsyCPfRZ3j2e8t6b9SwtrBt/amp.jpg) ]( http:/hyperspace.app ) You can also catch me on [ Hyperspace ]( http:/hyperspace.app ) [ **HyperSpace** ]( http:/hyperspace.app ) uses UBI (Universal Basic Income) principle to give all users FREE tokens every day. Tokens you can use to amplify other content and earn you more income. **Visit and subscribe to these spaces:** [ Hypersports ]( https://hyperspace.app/s/hypersports ) >>> where you can see and share about your favorite sports. Get real and be passionate about your favorite teams or athletes by voting or sharing to us contents about them. [ Pop Culture ]( https://hyperspace.app/s/pop_culture ) >>> everything that is popular. Vote or share to us your favorite trending music, videos, movies, events, news, fashion, or anything that matters to the lives of many people. [ Libertad Public Market ]( https://hyperspace.app/s/libertad_public_market ) >>> The HyperSpace economy, where you can post your products and/or services, and people will pay you with Amps or currency of your choice.