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Topic: How bitcoin survived during COV19 outbreak is why PayPal wants BTC (Read 150 times)

member
Activity: 232
Merit: 10
Where did you get those news? do this news source have proof that Paypal is really going to buy/sell Bitcoin in their platform? As far as I know there's still no actual news pertaining that they would buy/sell Bitcoin in their platform. We don't even know if they will really accept Bitcoin all together. What are this new "proof"? I might be missing something here. I've only heard that they are planning to hire/hiring people with crypto-related skills. I would love to see some sources like statements made by Paypal itself though.
You can find answers yourself by using google to search for PayPal Bitcoin, I've came across that news that OP posted through cointelegraph before, it's genuine, OP should have include link though, would have been more easier that way
newbie
Activity: 24
Merit: 0
As of late, Live Bitcoin News detailed that stages like PayPal and Venmo were looking to conceivably offer bitcoin and cryptographic money purchasing, exchanging, and offering choices to clients. New proof seems to show that these organizations are basically keen on crypto benefits because of bitcoin's transient ascent during the spread of the coronavirus. I read this news through livebitcoin, its genuine folks

PayPal is allegedly looking to allow customers to purchase BTC and other forms of crypto directly with the PayPal app. The company is potentially looking to compete with companies like Square, which has offered this feature to individuals for some time.

Very good as I like and trust Paypal
legendary
Activity: 2282
Merit: 1023
New proof seems to show that these organizations are basically keen on crypto benefits because of bitcoin's transient ascent during the spread of the coronavirus. I read this news through livebitcoin, its genuine folks
That is not the case, PayPal is a online money transaction system and if they are not upgrading their system with the trend then they will be left alone and their billion dollar business will die out eventually, so they are just making a smart move to sustain their business and nothing else and eventually you will see many business doing the same and it has nothing to do with the pandemic.
hero member
Activity: 2912
Merit: 627
Vave.com - Crypto Casino
Those are hearsays, the real news is about PayPal getting blockchain engineers. It could be that they will be adopting crypto soon or they'll be making their own blockchain network which shall upgrade their systems.

Where did you get those news? do this news source have proof that Paypal is really going to buy/sell Bitcoin in their platform?
It's just the hiring blockchain engineers and clueless about adoption and the rest are rumors.
(https://coinjournal.net/news/paypals-interest-in-cryptocurrency-on-rise-as-it-looks-to-hire-a-blockchain-engineer-and-researcher/)
(https://www.coindesk.com/paypal-venmo-to-roll-out-crypto-buying-and-selling)
full member
Activity: 1624
Merit: 163
Where did you get those news? do this news source have proof that Paypal is really going to buy/sell Bitcoin in their platform? As far as I know there's still no actual news pertaining that they would buy/sell Bitcoin in their platform. We don't even know if they will really accept Bitcoin all together. What are this new "proof"? I might be missing something here. I've only heard that they are planning to hire/hiring people with crypto-related skills. I would love to see some sources like statements made by Paypal itself though.
member
Activity: 420
Merit: 13
$CYBERCASH METAVERSE
As of late, Live Bitcoin News detailed that stages like PayPal and Venmo were looking to conceivably offer bitcoin and cryptographic money purchasing, exchanging, and offering choices to clients. New proof seems to show that these organizations are basically keen on crypto benefits because of bitcoin's transient ascent during the spread of the coronavirus. I read this news through livebitcoin, its genuine folks

PayPal is allegedly looking to allow customers to purchase BTC and other forms of crypto directly with the PayPal app. The company is potentially looking to compete with companies like Square, which has offered this feature to individuals for some time.
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