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Topic: Confirmed! PayPal Joined Cryptocurrency and Blockchain Business - page 4. (Read 11196 times)

full member
Activity: 812
Merit: 106
I don't think that paypal will start working with cryptocurrencies until they are fully legalized, because so big companies are most likely very careful in their relations with the financial regulator and will not risk it. It is possible that this news will be refuted in the near future. I hope this news will be true.
sr. member
Activity: 1344
Merit: 288
This is really a good news for the crypto world,  I was really happy about this news when I heard about it finally the adoption we talking about is really gonna happening,  hopefully others to follow suite
legendary
Activity: 3752
Merit: 1415


I would only think they are into blockchain but not cryptocurrency though, they strongly disallow everything with crypto years ago but now that they are up to blockchain will they now allow buying BTC or any other cryptocurrencies through paypal?  Or will they just create blockchain for the USD?

I would think they would just be looking into blockchain, chargebacks and buying bitcoin with PayPal is always going to be an issue to to chargebacks.  If they are interested in just blockchains and not the cryptocurrency that drives it would not be news at all.  Most companies are looking into utilizing blockchain technology and how it can benefit their company.
sr. member
Activity: 1344
Merit: 270
The Blockchain and Cryptocurrency world is expanding on daily basis, we have see JP Morgan, Fidelity and even rumors of facebook, and now it is PayPal becoming part of the technology.
"We have teams clearly working on blockchain and cryptocurrency" This was said by PayPal CFO in an interview.

source: https://www.cryptoinformers.info/news/128-we-are-working-on-blockchain-and-cryptocurrency-paypal

This will mean a lot to crypto world.


is this news really valid? I think Paypal has made a policy not to involve bitcoin or crypto at all.
so I don't know that this news is true or just lead to opinion.
but if paypal can contrubine as the news says, this is a big thing that can boost the growing market.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
This is definitely very good news for the whole cryptocurrency community, but I think that this news will very well influence on the price of cryptocurrency when PAYPAL starts to implement cryptocurrency into its system. now it’s just good news that has no meaning. in the future, it will be great
sr. member
Activity: 1078
Merit: 256
This is a good news, many company that aren't blockchain don't want to be left out, they are trying to partner and build something on blockchain to keep up with what is going to be the future of money/business.
They seen the big potentials and how this chain really works to help their businesses, PayPal will be a great additions if they will proceed and adopt
the whole essence of this industry, being decentralized and not controlled by any govern bodies.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
The Blockchain and Cryptocurrency world is expanding on daily basis, we have see JP Morgan, Fidelity and even rumors of facebook, and now it is PayPal becoming part of the technology.
"We have teams clearly working on blockchain and cryptocurrency" This was said by PayPal CFO in an interview.

source: https://www.cryptoinformers.info/news/128-we-are-working-on-blockchain-and-cryptocurrency-paypal

This will mean a lot to crypto world.

another great news coming to this industry, and for sure this news will create new demands in crypto world
just be ready for the next waves from the price movements in crypto market, and soon we will see bitcoin at $10K  Wink
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag


I would only think they are into blockchain but not cryptocurrency though, they strongly disallow everything with crypto years ago but now that they are up to blockchain will they now allow buying BTC or any other cryptocurrencies through paypal?  Or will they just create blockchain for the USD?
jr. member
Activity: 203
Merit: 3
The guy told in the interview  
Quote
I just think it’s a little early on right now
and I don't think so, it's not really early, I think they are late and just want to join the bandwagon on those latecomers, they do not want to be left in the dark, because it is fast being adopted by big company, but it's very interesting on what will they come out in the cryptocurrency, I hope no more ICO.

They will try to get funds and investors free from this, so they can increase their actual value for free...
sr. member
Activity: 1330
Merit: 289
It's good to know that many big players who opposed crypto way back are now joining the crypto space gradually. I was shocked when I saw the rumours that  JP Morgan will launch a stable coin called JPM coin. Now more astonished at this Facebook and PayPal interest in crypto and blockchain. I usually tell people that adopting a new technology takes time, especially a tech with a lot of Criticisms like crypto. Well, I hope these rumors  come to lime light.
Jpt
jr. member
Activity: 374
Merit: 1
Great news. If paypal join cryptocurrency, it will surely increase popularity and relevancy of cryptocurrency. However, cryptocurrency is slowly making its impact and spreading popularity among the people across the world. It is being used as a method of payments by many organisations. Likewise, those, who were against cryptocurrency, are now getting attracted to it. The reports of Facebook considering moves to issue its own stablecoin has also added some energy. So lets cheer up.
full member
Activity: 822
Merit: 100
This is a good news, many company that aren't blockchain don't want to be left out, they are trying to partner and build something on blockchain to keep up with what is going to be the future of money/business.
sr. member
Activity: 1050
Merit: 254
Glad to hear that, another good news for cryptocurrency. If a big company like Paypal joined crytocurrency it would be big for sure. It can makes the crypto market become bigger. Also maybe paypal can offer some safety for online transaction using cryptocurrency.
hero member
Activity: 2618
Merit: 582
Leading Crypto Sports Betting & Casino Platform
The Blockchain and Cryptocurrency world is expanding on daily basis, we have see JP Morgan, Fidelity and even rumors of facebook, and now it is PayPal becoming part of the technology.
"We have teams clearly working on blockchain and cryptocurrency" This was said by PayPal CFO in an interview.

source: https://www.cryptoinformers.info/news/128-we-are-working-on-blockchain-and-cryptocurrency-paypal

This will mean a lot to crypto world.
There is a popular saying “ if you can't beat them, you join them”, this are smart companies that know crypto is the future, and they are doing everything possible to make sure they identify with crypto before is too late so that they can relate even in the future, this should be the attribute of any good entrepreneur this is why many other companies are going in to the crypto world, and I am sure that we would so even more mainstream adoption in no time.
full member
Activity: 868
Merit: 116
I din think PayPal coming into crypto is a good fit.  Although it would be huge with their market share they have in their respective market I fear we would be moving towards centralization which is exactly what crypto stands against.

You are making  a good point here, because PayPal may not work in a decentralized way, but even at that I also believe there will also be improvement in adoption of cryptocurrency.
legendary
Activity: 3752
Merit: 1415
I din think PayPal coming into crypto is a good fit.  Although it would be huge with their market share they have in their respective market I fear we would be moving towards centralization which is exactly what crypto stands against.
full member
Activity: 966
Merit: 104
Have you never thought that PayPal's steps to join Crypto can actually make crypto sink even further? we know that paypal is a large online transaction platform, while crypto is created to be an alternative that is easier than paypal, and when paypal joins now, it is not impossible crypto will be under the shadow of paypal.
In any case, you need to have a positive attitude towards such a step. Combining cryptocurrency with other types of cashless payments is inevitable. It will bring much more convenience to people than their separate use. I think that the future is just behind the combined use of various types of means of payment, regardless of whether some of them will be more attractive.
full member
Activity: 1498
Merit: 129
That's a good news, there are a lot of platforms that accepts payment through paypal, if paypal is going to have cryptocurrency to their business then more exposure and adoption will indeed happen in this field, let's see how it goes.
there are many competitors that look up to paypal as a payment processor. If this is very through, believe me it will not be long before we see other competitors adopting blockchain as well and which to me bring good news to everyone that have not stopped believing in the crypto. Proabably we shall witness a complete overhaul of the trading system by the crypto trading services. However, this is still not made official by the paypal and hopefully it doesnt take long before they make such announcement
full member
Activity: 1498
Merit: 129
The Blockchain and Cryptocurrency world is expanding on daily basis, we have see JP Morgan, Fidelity and even rumors of facebook, and now it is PayPal becoming part of the technology.
"We have teams clearly working on blockchain and cryptocurrency" This was said by PayPal CFO in an interview.

source: https://www.cryptoinformers.info/news/128-we-are-working-on-blockchain-and-cryptocurrency-paypal

This will mean a lot to crypto world.

And again they are developing something, but they don’t want to introduce ready-made products in order to control our funds and why are they better than any bank?
what do you expect from giant payment provider. What many of them will do is to make use of the underlying technology which is the blockchain. Paypal will not adopt a decentralized nature of the blockchain but rather make use of the features that will affect their business positively. secure and reliable transaction processing at reduced cost come to mind. About transaction speed, I think paypal uses technology that process transaction at speed higher than all the blockchain algorithm option
sr. member
Activity: 1078
Merit: 256
The Blockchain and Cryptocurrency world is expanding on daily basis, we have see JP Morgan, Fidelity and even rumors of facebook, and now it is PayPal becoming part of the technology.
"We have teams clearly working on blockchain and cryptocurrency" This was said by PayPal CFO in an interview.

source: https://www.cryptoinformers.info/news/128-we-are-working-on-blockchain-and-cryptocurrency-paypal

This will mean a lot to crypto world.

That doesn't tell anything and i hope they don't make an ico for their token.

Still, it would be nice to see if paypal uses blockchain.
Using the system and adopt how things being done around crypto will be the beginning of good relations between paypal and this industry, it's good to know that they've shown now interest to integrate and make a good overview in regards to cater crypto market with their existing business.
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