Paypal is doing it - page 7. | Bitcointalksearch.org

Poker Player

legendary

Activity: 1372

Merit: 2017

Quote from: Jet Cash on October 21, 2020, 09:40:30 AM

Why would you bother with the scammers payment service - PayPal, when you can use Bitcoin?

Precisely, when reading the post, I was thinking precisely that.

As it has been pointed out above, it seems that the fear of losing the battle against a decentralized currency makes them want to join it.

We are seeing many small steps towards mass adoption. Now it just needs to be accompanied by a big boom in price and in a few years we will be able to see social changes thanks to bitcoin.

awesome31312

hero member

Activity: 826

Merit: 504

Paypal is trash. People talk about how scammers use Paypal. But forget that scammers created Paypal too.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Jet Cash on October 21, 2020, 09:40:30 AM

Why would you bother with the scammers payment service - PayPal, when you can use Bitcoin?

There are thousands of businesses that accept payments through paypal. I think this is huge for crypto in terms of adoption.

It is just another payment gate.

Those who already have paypal ready now can do business with crypto. Without this, you'd have them to install bitpay/btcpay etc... Now they don't have to that.

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

Why would you bother with the scammers payment service - PayPal, when you can use Bitcoin?

mycryptocoin

full member

Activity: 380

Merit: 100

Community Manager - Blockchain analyst

After new confirmed, BTC is pumping so hard. Now, BTC is almost 12800$/BTC. How do you think about this price increase? Is it uptrend?

aysg76

legendary

Activity: 1974

Merit: 2124

Quote from: Twentyonepaylots on October 21, 2020, 08:56:21 AM

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!

source : https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021

Confirmed!

Yes I also read the article about it on reuters and it's a great news for all the crypto enthusiast as it can give a boost to price of btc which will eventually lead to price rise in other alts as they follow bircoin path.The US payment giant PayPal is one of the leading company with more than 346 million active accounts and btc can be bought,sell with 26 million active merchants on the network from next year.The chief of PayPal announced it as "they want to increase the use of virtual currencies" in these financial periods and everyone wants to be part of this digitalization of payments with the help of these decentralised or virtual currencies.Although the transaction related to cryptocurrencies will be settled through the cash.Most of the big giants are approaching these payments methods as they are future currencies so just stay away from negativity or any FUD because the prices are going to soar soon in coming few years.

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

the fear the centralized payment systems is starting to become palpable at this point. they can feel how their days are numbered and are going to become obsolete soon as they are replaced by the decentralized currency that doesn't need them anymore.
sooner or later bitcoin is going to be used for all the payment that services like Paypal are being used today with a much higher security and less fraud.

so obviously they want to extend their lifeline a little more by adapting to the new change. it starts by letting their users buy bitcoin, then they start letting their users deposit and store bitcoin in their account and finally they become obsolete Cheesy

J.Amador

jr. member

Activity: 69

Merit: 1

That's nice to know that report it's good that the paypal doing a good job because crypto in this generation are famous people now days wants to use crypto for buying,paying bills and etc. And it less hassle.

Casdinyard

hero member

Activity: 2184

Merit: 891

Leading Crypto Sports Betting and Casino Platform

The market is also in green marks which is a good thing to see. The scenario is quite "revolutionary" in good terms. Knowing how huge Paypal is, this could trigger other banks to do the same thing, and probably more services and businesses will likewise, do the same. This would display the power of "influence", eventually. Indeed something to celebrate for this year despite of the struggles we have experienced.
The main issue I think, why there are still countries which are not accepting cryptos in general is because of doubts. Since PayPal is a huge network, it could establish a trust with regards to cryptos as a mode of payment in order for more countries to see the benefits of this technology.

onecall123

sr. member

Activity: 2156

Merit: 323

I read this article, this is good move one step forward of becoming crypto adoption. Lots of people believes that paypal integrating crypto gear up the recent price move. It's very acceptable move so let the game start. It's just beginning and there loads more bullish.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Just saw read the news too on Reuters.com, In fact i was in the process of posting the good new Cheesy

All in all, I will just quote what @mk4 posted a few days ago

Quote from: ?? on ??

"First they ignore us, then they laugh at us, then they fight us, then we win."

I'm not sure where this quote originally came from(but I remember reading it on Andreas Antonopoulos' book), but that quote is sure damn coming into play slowly but surely.

I just hope this will easy buying and selling between crypto and fiat minus risking one's account banned.

acener

full member

Activity: 1274

Merit: 115

★Bitvest.io★ Play Plinko or Invest!

Wow another great news for crypto enthusiast who are using Paypal service the only question here is how much would the fee would be?
And it seems like they are going to be an online crypto wallet as well by adding this kind of service on their platform I hope more platform would follow their lead on accepting crypto.

Twentyonepaylots

sr. member

Activity: 1918

Merit: 370

Paypal officially announced that they are going to let their users to buy, sell and shop cryptocurrencies on their platform starting in 2021adding services such as this will become a domino effect that might trigger banks to do the same. I can feel it already, next year will be another blast for crypto!

source : https://cointelegraph.com/news/paypal-to-offer-crypto-payments-starting-in-2021

Confirmed!

Topic: Paypal is doing it - page 7. (Read 1352 times)