Topic: Paypal CEO Is a HODLr, but Only Owns Bitcoin - page 2. (Read 464 times)
Glad to see Paypal CEO being bullish on bitcoin and sad to see Paypal still has not implemented any way to fund the wallet with bitcoins. Moreover their anti crypto instance on crypto trading is putting down many users. Skrill at least has integrated bitcoin deposit for selected market but the startup founded by crypto enthusiast Elon Musk and headed by a bitcoin holder is still suspending accounts of users buying and selling crypto.
when Peter Thiel's era also had the same attitude, basically paypal really appreciate bitcoin. The mind of most people who only become loyal holders is due to seeing the Btc deflation system which will be very thick in the coming eras.
Or they want to set up a large backup to patent a new blockchain application as has been started by other large companies.
Or they want to set up a large backup to patent a new blockchain application as has been started by other large companies.
Now it may be more profitable to create your own cryptocurrency business than to expect when Facebook will be able to launch its project. In addition, when China opens its activity on active work on cryptocurrencies, it is therefore beneficial for paypal to maintain its client base by offering new services.
The fact that he's a btc hodler doesn't mean he could easily add btc feature to paypal. Guys, it's a centralized service, so he should solve some legal staff to make this possible.
Holding Bitcoin is a smart move because Bitcoin is less likely to lose money in the long run. Paypal's boss is a smart investor. Investing in bitcoin is an investment in the future. I have seen a lot of traders see altcoins and rush into them. The result is failure and losing all of your Bitcoin. It is best to just buy more Bitcoin and keep them long enough. I think Bitcoin will reach a new high soon in the next 1-2 years.
Bitcoin is the safest to hold among cryptocurrency as some altcoins price depend on bitcoin. Many businesses or popular business man are now holding bitcoin as they see the potential or they already experience it when bitcoin pumps before. PayPal CEO understands that Bitcoin is the most resistant to the environment of the crypto market and possible future rapid recession. Why should he HODL something other than Bitcoin?
Why are these investment from company owners newsworthy, is this the new way of marketing bitcoin 
. The real reason is that everyone wants to share the limelight that they are early investors of bitcoin and other than that i do not see that as news worthy as many invested in the market but he has done nothing to promote bitcoin to have a wider adoption, i care less what anyone holds but if the CEO is that position why don't they start accepting bitcoin in their wallets and it will be a new project that will help their business too. 
I am not sure also about the term HODLr and how much he owns, so we can determine also if he plays a big role in every price movement especially if he is one of the big whales out there.
Well, if he's actually holding bitcoin and not actively trading it, which is probably the case since I assume he's wealthy and wouldn't need to trade bitcoin, I doubt his transactions are affecting the price much. Rich people tend to try to protect their wealth instead of increasing it, but who knows. And we don't know if he's one of those whales anyway.As far ask PayPal adding a bitcoin payment option, I doubt that's going to happen but it sure would be nice if there was some sort of option to pay for things on sites like eBay with bitcoin, which PayPal could provide. Other than that, if funds need to be sent between two individuals, PayPal isn't needed--bitcoin serves that function just fine, and if you're talking about sending money to a different continent it's usually cheaper than PayPal (depending on network fees).
I do find this encouraging that a corporate bigwig is holding bitcoin. Obviously he sees some value in it, and a statement like the one he made is bullish overall. Props to him.
And OP, it didn't go unnoticed that you've stopped including huge images in threads like these. Much appreciated, thank you!
Paypal CEO made a good decision in holding Bitcoin but I'm not sure if he'll really use and integrate it as one of the currencies or like Visa and Mastercard do. If he had been using Bitcoin ever since he should've made it as one of the options on Paypal so let's just hope that he does in the near future.
If bitcoin will be added as a source of payment in PayPal, then it will be great. I meant that will be so interesting and probably bitcoin will gain a high value because of that as we all know that millions of people around the world using PayPal, so people will probably join our big bitcoin community and that's gonna help bitcoin a lot to be spread around the world.
Holding Bitcoin is a smart move because Bitcoin is less likely to lose money in the long run. Paypal's boss is a smart investor. Investing in bitcoin is an investment in the future. I have seen a lot of traders see altcoins and rush into them. The result is failure and losing all of your Bitcoin. It is best to just buy more Bitcoin and keep them long enough. I think Bitcoin will reach a new high soon in the next 1-2 years.
Bitcoin is the safest to hold among cryptocurrency as some altcoins price depend on bitcoin. Many businesses or popular business man are now holding bitcoin as they see the potential or they already experience it when bitcoin pumps before. 
If we can all stop being so surprised by CEOs having Bitcoin, yeah, that'd be great. You think all these old-school financial bankers etc don't have advisors telling them to at least have a tiny hedge? And right now, if you had wealth of $100M, even a tiny 0.1% hedge would be 10 BTC. I bet you lots of super wealthy outwardly anti-Bitcoin have some.
Whether it's a holding in BitGo, or Coinbase, or their own ledger, is another matter.
Whether it's a holding in BitGo, or Coinbase, or their own ledger, is another matter.
Holding Bitcoin is a smart move because Bitcoin is less likely to lose money in the long run. Paypal's boss is a smart investor. Investing in bitcoin is an investment in the future. I have seen a lot of traders see altcoins and rush into them. The result is failure and losing all of your Bitcoin. It is best to just buy more Bitcoin and keep them long enough. I think Bitcoin will reach a new high soon in the next 1-2 years.
PayPal CEO Dan Schulman, in describing why the payment company decided to withdraw from Libra, also revealed that he is a hodlr of cryptocurrency, but only Bitcoin.
Interviewed by Fortune magazine, he answered the question if he personally owned any cryptocurrency:
“Yes. Bitcoin.”
Interviewed by Fortune magazine, he answered the question if he personally owned any cryptocurrency:
“Yes. Bitcoin.”
behind all that maybe Paypal's CEO, he also thinks that the Libra project won't be a good stable coin in the future and their current project isn't really clear when it will be launched so Paypal's CEO withdraws from Libra, I think Paypal's CEO only holds bitcoin, maybe he is very confident with bitcoin as a protection of his assets and he doesn't want to risk losing money by holding another altcoin whose price is less stable.
PayPal CEO Dan Schulman, in describing why the payment company decided to withdraw from Libra, also revealed that he is a hodlr of cryptocurrency, but only Bitcoin.
Interviewed by Fortune magazine, he answered the question if he personally owned any cryptocurrency:
“Yes. Bitcoin.”
Source link here
This sounds potentially great, but let's not get too excited about this one. You see, it reminds me of the stuff the Libra CEO said and then people started speculating that he's bullish about Bitcoin. That guy said that he sees Bitcoin's potential as something like gold, but that Bitcoin cannot be a medium of exchange, it should not be considered as money. This hodler might be similar. He might hodl Bitcoin, believing that it's a good investment opportunity, a great asset or whatever, but he might not even consider implementing Bitcoin into PayPal or anything like that. Interviewed by Fortune magazine, he answered the question if he personally owned any cryptocurrency:
“Yes. Bitcoin.”
Source link here
PayPal CEO understands that Bitcoin is the most resistant to the environment of the crypto market and possible future rapid recession. Why should he HODL something other than Bitcoin?
PayPal CEO Dan Schulman, in describing why the payment company decided to withdraw from Libra, also revealed that he is a hodlr of cryptocurrency, but only Bitcoin.
Interviewed by Fortune magazine, he answered the question if he personally owned any cryptocurrency:
“Yes. Bitcoin.”
Source link here
Okay now this seems to be pretty interesting to me. Since he's a Bitcoin HODLer, I don't know if this is a sign that he could add BTC as one of features for Paypal. If that happens, I don't know what would that be. Probably might integrate Bitcoin as one of the payment options aside from Visa, Mastercard and AMEX?
I have a Paypal account until now, but I only use it like few times a year since entering into the world of cryptocurrencies. Paypal was the payment processor I trusted during my early years as a virtual assistant. However, their fees are eating our funds apart. This is why Bitcoin is such a great alternative, and no doubt Dan Schulman's already convinced about owning some Bitcoin in the first place.
Interviewed by Fortune magazine, he answered the question if he personally owned any cryptocurrency:
“Yes. Bitcoin.”
Source link here
Okay now this seems to be pretty interesting to me. Since he's a Bitcoin HODLer, I don't know if this is a sign that he could add BTC as one of features for Paypal. If that happens, I don't know what would that be. Probably might integrate Bitcoin as one of the payment options aside from Visa, Mastercard and AMEX?
I have a Paypal account until now, but I only use it like few times a year since entering into the world of cryptocurrencies. Paypal was the payment processor I trusted during my early years as a virtual assistant. However, their fees are eating our funds apart. This is why Bitcoin is such a great alternative, and no doubt Dan Schulman's already convinced about owning some Bitcoin in the first place.
I am starting to imagine how would the CeO of Dan S. would become if the price of Bitcoin skyrockets again. The fact that he answered yes, and has bitcoins means there will be a chance of growth and partnership with Paypal. I am done already using Paypal since it sucks to us that works online with an average wage, that is why I also used bitcoin as an alternative.
Being a holder just means he is speculating too and believes also that Bitcoin could be the future mode of payment, or he's one of the whales and gets personal profit from bitcoin's bubbles.
However, it's still unlikely that Paypal would adopt bitcoin, still though there's still a chance that they would. I'm also pretty sure that this company has a board of directors that must accept that proposition before full implementation.
However, it's still unlikely that Paypal would adopt bitcoin, still though there's still a chance that they would. I'm also pretty sure that this company has a board of directors that must accept that proposition before full implementation.
PayPal CEO Dan Schulman, in describing why the payment company decided to withdraw from Libra, also revealed that he is a hodlr of cryptocurrency, but only Bitcoin.
Interviewed by Fortune magazine, he answered the question if he personally owned any cryptocurrency:
“Yes. Bitcoin.”
Source link here
Okay now this seems to be pretty interesting to me. Since he's a Bitcoin HODLer, I don't know if this is a sign that he could add BTC as one of features for Paypal. If that happens, I don't know what would that be. Probably might integrate Bitcoin as one of the payment options aside from Visa, Mastercard and AMEX?
I have a Paypal account until now, but I only use it like few times a year since entering into the world of cryptocurrencies. Paypal was the payment processor I trusted during my early years as a virtual assistant. However, their fees are eating our funds apart. This is why Bitcoin is such a great alternative, and no doubt Dan Schulman's already convinced about owning some Bitcoin in the first place.
Interviewed by Fortune magazine, he answered the question if he personally owned any cryptocurrency:
“Yes. Bitcoin.”
Source link here
Okay now this seems to be pretty interesting to me. Since he's a Bitcoin HODLer, I don't know if this is a sign that he could add BTC as one of features for Paypal. If that happens, I don't know what would that be. Probably might integrate Bitcoin as one of the payment options aside from Visa, Mastercard and AMEX?
I have a Paypal account until now, but I only use it like few times a year since entering into the world of cryptocurrencies. Paypal was the payment processor I trusted during my early years as a virtual assistant. However, their fees are eating our funds apart. This is why Bitcoin is such a great alternative, and no doubt Dan Schulman's already convinced about owning some Bitcoin in the first place.
I believed this questions has been answered times without number. Twitter CEO is also an holder as it was reported but yet there was ban of some crypto related advertisement on Twitter platform. The point I am trying to make is that for the fact that CEO is interested or holding does not necessarily means it will be accepted because he is only holding in his personal capacity. The highest he could do is to sell the idea to the board considering the various factors that would be considered before becoming a reality. PayPal as a company is bigger than the CEO that he can just adopt a technology or a form of payment without recourse to every foundation that holds the business together.
He must have Bitcoin if he believes that Bitcoin has a bright future. There are not few respected businessmen who also own Bitcoin, some vocal some not. But I guess many business people who are updated of the latest technologies and fintech innovations must have heard, familiarized, and eventually bought Bitcoin. Some may not speak of it openly but within themselves and perhaps among close friends and families they are also Bitcoin supporters.
It would not be to me as a surprise to know that most famous and prominent people across the globe might possess some amount of bitcoins in their holdings. However, i doubt he would ever add bitcoin as another mode of payment on his services looking at the two different technology that backs both product. Also, the speed of bitcoin is also not encouraging to implement it unto the paypal system
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