Crypto mass adoption closing in - page 2.

Quidat

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Quote from: VDraci on July 15, 2020, 03:37:15 AM

Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?
I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit

Yeah its a nice integration but im wondering on how paypal would do integrate crypto into its platform knowing that it totally contradicting to each other in the first place.I didnt expect for them to end up on this kind of
situation on where they do tend to accept nor adopt their biggest rival when it comes to payment.For sure they do just like to test it up on how things works and they might be just observing and not totally
willingly to adopt in on the first place.Well this is just my presumptions and lets see on how Paypal would able to do this without any hiccups or problems towards their service.

justdimin

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Hopefully, it comes pretty quickly because we have been waiting for years. People are constantly saying we are new and we are new and we.. yeah we get it we are new. However, we are not even adopted as much as some computer game.

Every year there are some games that sell to like 10+ million people and I do not think we are even there yet, hell pokemon go was downloaded 50 million times in just 9 days of its existence, if we are not even at pokemon go level how are we suppose to say that we could be the future of finances? I do not think we are nowhere near the level we should be, we are at around level where a small improvement on pipe line technology level, yeah we are used but we are still not the standard and we are still growing very slowly when there is some new building with a modern constructor.

enhu

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Quote from: yhiaali3 on July 15, 2020, 04:42:47 AM

I have not heard of a partnership between Binance and Paypal, there was a partnership project between Binance and a Visa card but it failed, and then Binance purchased the largest share of Swipe.io, a portfolio that has a partner in Visa.
Although this news may delight many if there is a partnership between Binance and Paypal, but also there is a fear of switching to centralization after Binance purchases and controls many electronic payment services and third-party services for cryptocurrencies.
Can you put the news link?

Was there a price for how they acquire this Swipe or this is just a partnership?

The news article I've read few days ago said it was just a partnership. If binance purchased swipe in time where paypal also announced they are trying to get into cryptucrrency, it would appear like binance is after to compete paypal soon. They've been innovating a lot by allowing anyone just like LBC into Binance.

InwardContour

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Quote from: LogitechMouse on July 15, 2020, 07:47:37 AM

I have seen a video regarding the involvement of Paypal in cryptocurrency and now it comes up again.

Take note that Paypal has ~300 Million users worldwide. An adoption of crypto in Paypal will be a huge boost for the crypto as a whole. Well, lets just hope that this will turn the tides into where is Bitcoin heading to. We saw Bitcoin's price going sideways for weeks already and we don't know where it will go if it is up or down :X. Mass adoption is progressing and this is one of them and many more in the future as more establishments are seeing the benefits of crypto.

Woow 300 million users? that's huge and will be a great big impact if PayPal start processing crypto transactions. I do have my bias on this, it won't be easy to implement. However, as OP wrote, slow and steady crypto goes to global adoption. I'll be extremely happy if Binance card launches and I'm able to obtain it and use in my country. CZ is truly a game changer in crypto space with so many innovations all driving towards adoption. Imagine the number of FIAT pairs already on Binance, it's a huge step forward.

mezzaluna

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Just because Paypal is starting to adopt it, doesn't mean that it will really be mass adopted BUT it has that possibility since Paypal is usable Internationally. I still think that the best way for Cryptocurrency to be mass adopted is to learn from it in Universities and Schools. It would really help people understand what Blockchain is and how is it gonna help the financial economy.

Squezzi55

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PayPal team should be ashamed of themselves, after all those bad words they used on the technology now they've realized the true potential of crypto? I know what attract them to crypto is it's success, crypto is very strong and it's impossible to die, they knew they will make fortune if they implement crypto payment

chanc3r

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Quote from: trauchot on July 15, 2020, 07:45:01 AM

Many big companies and various sectors see the progress of cryptocurrencies and their technologies and they understand that it is urgent to start working with cryptocurrencies to get incredible profit and new opportunities, and therefore companies like PayPal are starting to adapt in the cryptocurrency field.

I think it's because our society slowly switching from traditional money to cashless and more people are understanding cryptocurrency. it will surely bring a huge benefit for getting away from traditional money and advance our technology. im sure paypal seeing huge opportunity and now developing their own service because getting late in the game is not good thing.

IvugeoEvolutionCoin

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There is a saying that "Rome wasn't built in a day" and this applies to crypto adoption. If actually PayPal embed crypto payments, it's going to foster adoption with a great margin. In as much as DEFI is giving crypto more and more exposure due to people gaining interest, we still need security/audition projects like Quanstamp to ensure smart contracts for instance have no security issues. This is because aside regulations, security is another area drawing crypto back from mass adoption. We also need regulations enacted and better products from crypto projects which can be used mainstream.

LogitechMouse

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I have seen a video regarding the involvement of Paypal in cryptocurrency and now it comes up again.

Take note that Paypal has ~300 Million users worldwide. An adoption of crypto in Paypal will be a huge boost for the crypto as a whole. Well, lets just hope that this will turn the tides into where is Bitcoin heading to. We saw Bitcoin's price going sideways for weeks already and we don't know where it will go if it is up or down :X. Mass adoption is progressing and this is one of them and many more in the future as more establishments are seeing the benefits of crypto.

trauchot

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Many big companies and various sectors see the progress of cryptocurrencies and their technologies and they understand that it is urgent to start working with cryptocurrencies to get incredible profit and new opportunities, and therefore companies like PayPal are starting to adapt in the cryptocurrency field.

bigcash2011

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Quote from: VDraci on July 15, 2020, 03:37:15 AM

Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?

I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit

As a forward looking online payments and transfers based company paypal should have implemented crypto a long ago, now they are either doing this on massive public pressure or they are losing business because people are moving to crypto based wallets and payments online which is making paypal outdated but finally it is good to know that they have decided to come on board and this will be win win for all sectors online especially crypto market.

maydna

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What binance did affect people out there, so they can know about cryptocurrency, and with binance launched in the market in many countries bring a new experience to the user. The adoption of cryptocurrency itself is still running, and it has good progress depend on a few years ago because people now can accept that they have another payment system that they can use to pay. But until the government allows the cryptocurrency for the payment, people cannot use crypto everywhere, including in the local store, because people don't want to break the law.

Inkdull

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So PayPal finally realized how indestructible crypto projects are? Lol many believe that crypto is another bubble but I'm glad they are now opening their eye to see how unstoppable crypto is, I won't bet on Paypal still but I'm sure binance will play vital role in crypto mass adoption

Vishnu.Reang

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Quote from: mirakal on July 15, 2020, 05:59:56 AM

Binance has done a lot for the improvement of the crypto world in general, they deserve to grow in the future.
They are the most active IMO on bringing or helping the adoption in the crypto space, their platform has been bridging easy transaction between fiat and crypto and that's really the key for the future success, so kudos to the team for their passion to make this crypto a bigger world and a better world to live.

However, we need to be aware that regulation will be felt more, let's just accept it, that's part of the process.

Well.. I would agree. During my early days, I used to hate Binance. But now I have to admit that they have done a lot for the cryptocurrency users. And I would say one more thing. Investing in the Binance exchange (or rather BNB) would be like investing in Microsoft during its IPO (in 1986). Binance may grow enormously, if cryptocurrencies become more popular in the future.

Apostlekin$$$

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Paypal can still change their mind on this crypto thing, don't rely on them, remember that they are so against crypto solution in the old times, i won't be buying this presently until they actually make it happened

Gorosden

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Binance team are the most amazing thing in crypto space presently, they keeps doing what they can to make crypto adoption grows better, binance can get this job done even if PayPal goes back on their words, I trust binance more than PayPal

Anonylz

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Quote from: cryptomaniac_xxx on July 15, 2020, 05:02:52 AM

I will be a contrarian here, we appreciate CZ's effort, but it looks like he really taken so much control and power and it is growing by the day. Adoption will come, but we shouldn't be forcing the issue here. We have more leg room here, 5-10 years down the line. I would rather see the market mature instead of third party like Paypal, who by the way, was anti-bitcoin, but suddenly chance their stance because of one reason - the potential profit they can make from us.

Isn't that what we all wanted! All the anti-bitcoin should see reason to be btc lovers, it doesn't matter what is the motive behind changing their mind, the important part is they are gradually coming in, instead of being against btc, they are now supporting btc,
Rather I think you should wish there are more cz in the industry to push things to the right direction, all cz has done was to make crypto easily accessible to all, he may have some shortcomings while doing that but he is working towards it unlike many who just look for opportunity to siphon.

mirakal

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Binance has done a lot for the improvement of the crypto world in general, they deserve to grow in the future.
They are the most active IMO on bringing or helping the adoption in the crypto space, their platform has been bridging easy transaction between fiat and crypto and that's really the key for the future success, so kudos to the team for their passion to make this crypto a bigger world and a better world to live.

However, we need to be aware that regulation will be felt more, let's just accept it, that's part of the process.

qazgroup

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RiveMont

Quote from: VDraci on July 15, 2020, 03:37:15 AM

Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?

I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit

Rumors were already there in the market about paypal implementing crypto payments from last one year or so but it was never officially confirmed. Now seems like they have devised the initial strategy or programming to implementing crypto and that is why they are accepting this fact and looks like we will have a cryptofied paypal in few months.

robelneo

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We need a lot of frontliner like Binance to help our cause, things will be different if we have companies like Binance who always think about how to make adoption fast and easier for the world, another thing is the need to stop these scam giveaways and exchange hacking, it is the things that stopping people from using Cryptocurrency, because of the fear of getting hacked, they want a third party to take care of their money.

Topic: Crypto mass adoption closing in - page 2. (Read 474 times)