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A short history lesson: When people first started setting up actual business based on bitcoin, they used each of the tools available to any service provider. They sold by credit card and PayPal. The trouble with this feature was quickly spotted: bitcoin transactions are not reversible by anyone except the person receiving the moolah. Credit cards and PayPal have strong buyer protection policies that let relatively seems that people to request a chargeback. So, nefarious individuals realized this and began making purchases of bitcoin and by bit then sooner or later requesting a chargeback. And, since bitcoin is a non-physical product, sent by new and poorly understood technological means, the sellers were canrrrt contest these. Because of this, sellers stopped accepting available credit and by bit exchange PayPal.

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