Topic: [2015-12-18] Bitcoin to Overtake Paypal and Established Financial Companies ... (Read 347 times)
December 18, 2015, 05:05:20 PM
In 5 to 10 years, bitcoin will not overtake paypal and visa. Paypal and other established financial companies can adopt bitcoin as they wish.
December 18, 2015, 04:32:02 PM
On paper this news looks amazing, but in reality it is all blurred and hard to pinpoint. What I am trying to say is bitcoin might has the numbers but it is still not wide known.
Everyone knows Visa, Paypal and Western Union but Bitcoin is considered 'virtual' or 'fake money' by uneducated people.
I hope that situation change in the next one or two years when Bitcoin potentially could surpass the dollar transaction volume of other established payment companies like American Express, MasterCard, and Visa.
Everyone knows Visa, Paypal and Western Union but Bitcoin is considered 'virtual' or 'fake money' by uneducated people.
I hope that situation change in the next one or two years when Bitcoin potentially could surpass the dollar transaction volume of other established payment companies like American Express, MasterCard, and Visa.
Visa, Paypal and Western Union have a lot of physical marketing, this makes them more well known. I don't think Bitcoin is considered fake money by uneducated money, they simply didn't have the chance to inform themselves of the benefits.
December 18, 2015, 11:29:37 AM
On paper this news looks amazing, but in reality it is all blurred and hard to pinpoint. What I am trying to say is bitcoin might has the numbers but it is still not wide known.
Everyone knows Visa, Paypal and Western Union but Bitcoin is considered 'virtual' or 'fake money' by uneducated people.
I hope that situation change in the next one or two years when Bitcoin potentially could surpass the dollar transaction volume of other established payment companies like American Express, MasterCard, and Visa.
Everyone knows Visa, Paypal and Western Union but Bitcoin is considered 'virtual' or 'fake money' by uneducated people.
I hope that situation change in the next one or two years when Bitcoin potentially could surpass the dollar transaction volume of other established payment companies like American Express, MasterCard, and Visa.
December 18, 2015, 10:21:08 AM
Bitcoin to Overtake Paypal and Established Financial Companies in Transaction Volume
In 2013, bitcoin overtook the world’s largest remittance network Western Union’s value of daily transactions, recording an average daily transaction volume of US$257 million.
According to Coinometrics, institutional-level bitcoin data and research firm, bitcoin was the 7th largest financial network in the world, just behind Paypal and Discover Network.
http://www.newsbtc.com/2015/12/18/bitcoin-to-overtake-paypal-and-established-financial-companies-in-transaction-volumes/
In 2013, bitcoin overtook the world’s largest remittance network Western Union’s value of daily transactions, recording an average daily transaction volume of US$257 million.
According to Coinometrics, institutional-level bitcoin data and research firm, bitcoin was the 7th largest financial network in the world, just behind Paypal and Discover Network.
http://www.newsbtc.com/2015/12/18/bitcoin-to-overtake-paypal-and-established-financial-companies-in-transaction-volumes/
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