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Topic: Confirmed! PayPal Joined Cryptocurrency and Blockchain Business - page 5. (Read 11210 times)

member
Activity: 576
Merit: 39
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.
full member
Activity: 952
Merit: 104
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.



This news can bring to people to,continue mass adoption, because paypal,can know the important meaning this good news continue crypto currency to goes into,the top.
jr. member
Activity: 602
Merit: 2
 Grin PayPal - It will make the whole cryptocurrency much stronger.  The latest news tells us that world giants are coming to cryptocurrency. We must stock up bitcoin. With such news, it's clear why bitcoin is growing so fast.

 Smiley I hope they will exchange on the platform to convert cryptocurrency into money and pay on the Internet.
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
Aw, this is a great idea. I hope they will have their cards in order to work with cryptocurrency simply and quickly. I think this company can do it. And if they make their coins, I think the cryptocurrency market will expand and it will be possible to pay online for goods using cryptocurrency.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Interesting stuff. I wonder how credible  the news source (financial yahoo) listed on the website is?
What could be the reason behind this? Could PayPal be trying to move from Centralized system to a public/private blockchain? Meaning they would have PayPal coin or something,?
member
Activity: 535
Merit: 33
here we go
Interesting, and if a cryptocurrency wallet is provided in a PayPal account, do they join the fiat balance, and will the rules be as tight as Paypal like now?

Because Paypal is a big business company, it will become the world influence of financial transactions.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
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.
legendary
Activity: 1442
Merit: 1025
Not all "blockchain/crypto" investments are directly creating a new coin. People keep hearing blockchain and thinking OH A NEW COIN but that doesn't how it works at all.

I am not saying that will not happen, it may very well happen but it may just be the worlds largest payment processor just trying to research a better and faster and even cheaper way of doing their own payment processing via blockchain that would help them do their work much better and even profit while dropping the fee which normally they wouldn't be capable of. That is why whenever you hear these huge companies and banks work towards blockchain don't assume it will be a new coin, it might be but it might just be blockchain works for faster and cheaper data transactions of financial holdings.
member
Activity: 280
Merit: 11
It is now clear that a lot of organizations, groups are industries are now considering adopting block chain technology, most especially from results that have been seen so far.
The mass adoption of cryptocurrency will be seen into effect not just only in private or joint organizations, but also in government functionaries.
hero member
Activity: 1134
Merit: 502
Too bad my i cant retrieve my paypal verified account anymore. I does not have access to the email that i used on Paypal. But it is a good news Paypal is one of the best payment method that i used in the past when dealing transactions on mmorpg games that i played.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
in other words another centralized company token that is going to be useless and obsolete soon but first it will generate a ton of profit for that centralized company and increase their net-worth by a couple of millions.
in time all these companies will realize that in this particular scene (the cryptocurrency scene) there is no room for centralized cryptocurrencies and the only thing they can hope to get out of it is a short term profit.
sr. member
Activity: 1442
Merit: 265
If paypal also starts a wallet and payment service just like coinbase with all the options of deposit, withdraw and transfers i think that will be epic and will really huge for the adoption of cryptocurrencies as paypal is still the largest payment platform online.
member
Activity: 616
Merit: 11
TRADE WITH NEGATIVE FEES
This is a great news for cryptocurrency and I believe it is a great help to encourage other establishments or organizations like paypal which is a company that facilitates payments between parties through online funds transfers.
sr. member
Activity: 1274
Merit: 267
Just an early announcement that they will take part on blockchain technology, and it doesn't mean they will really do it. I think they will have several research at first to ensure that their business will not be ruined by crypto volatilily. More over, this announcement is to make Paypal users stay with them as crypto can be a threat for them if they don't want to join crypto industry.
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
I would have been surprised if they had not been working on some sort of blockchain strategy since it is pretty obvious that the blockchain poses an existential threat to a business that has been built on handling online payments. Whether that strategy will be incorporating other coins into their currency options or creating their own blockchain remains to be seen.
hero member
Activity: 1176
Merit: 501
Interesting, if they make own coins, i think they should let people who use their service to buy over time bitcoin with paypal, but maybe this will not happen.

I don't know how they will approach crypto, if they finally do, but I guess they will use a blockchain for internal processes or will create a wallet for people to use Bitcoin through their platform. I don't think they will create a centralized paypal coin since there would be no difference between that coin and paypal money, it would make no sense.
copper member
Activity: 714
Merit: 5
I see this as an indispensable thing, blockchain technology is a new and very potential technology, and big technology company will not want to ignore it.
full member
Activity: 980
Merit: 114
There's a lot of people use Paypal so if they join cryptocurrency and blockchain business i'm sure market here will grow because this is like promoting another thing many more will try this in the future so better to hold some now

Then i think Paypal need only a low fees in transaction so many will really use their service
Well PayPal may have indicated interest in blockchain project but that will only add little or nothing to the market at all, because they are only coming to tap into the potential of blockchain and will develop they own project and not contributing to the existing projects such as bitcoin and the rest. One can figure that out when he said it too early for PayPal to adopt bitcoin when is already 10 years down the line already.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
Interesting, if they make own coins, i think they should let people who use their service to buy over time bitcoin with paypal, but maybe this will not happen.
I doubt they will because they will come up with a centralized idea. However, it's not possible for the moment too. Paypal is a hassle for payment system for a while.
hero member
Activity: 1414
Merit: 516
Interesting, if they make own coins, i think they should let people who use their service to buy over time bitcoin with paypal, but maybe this will not happen.
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