Can Bitcoin Replace PayPal?

>>The added bonus? No middlemen taking a cut from the transaction, he says. While low, there are actually transaction fees.

Bitcoin payment has already been used on many websites and seems to work well for them. PayPal offers much more than just payment processing however (there are refunds for example).

Bitcoin is just a medium of exchange, better question is, which payment process will be able to match PayPal in terms of features first.

Surely most of Paypal's real work is around fraud and disputes. Bitcoin might help reduce their transaction costs though, ideally some of that would flow back to its customers.

It's too slow, needs to constantly download that huge blockchain, and it's too unstable, so probably no.

yes, and it will unless paypal figures out how to work with bitcoin and not against it.