Oct 27, · Why PayPal's Bitcoin Support Is a Big Deal make purchases at the over 26 million merchants that accept PayPal. The announcement was viewed as a positive for both PayPal and bitcoin . Oct 21, · PayPal is joining the cryptocurrency industry with support for bitcoin and other digital currencies, making the digital payments company one of the . Bitcoin adoption metrics are reaching all-time highs, and the crypto asset’s price has been on a steady ascent higher since PayPal announced it would be supporting cryptocurrencies.
Paypal bitcoin supportPayPal CEO: Bitcoin Support Will “Fundamentally Bolster” Crypto “Utility”
The announcement makes PayPal arguably the most significant company in the financial tech sector to adopt support for virtual currencies. PayPal also plans to extend support to its money-sending subsidiary Venmo and international markets starting early next year. For now, PayPal plans to launch digital currency support for US users in the coming weeks. The move makes PayPal a major digital wallet as well as a cryptocurrency exchange, and the result could substantially increase potential adoption of cryptocurrencies among everyday users and online merchants.
Phones Laptops Headphones Cameras. Tablets Smartwatches Speakers Drones. Accessories Buying Guides How-tos Deals. Health Energy Environment. Even PYPL shares soared, setting a new all-time for the fintech brand. But it could be crypto that benefits the most in the long run.
I'm Tony Spilotro. Behind the pseudonym, I'm a digital media executive and global remote work leader with a decade of content experience and excellent. Here, I explore my newfound passions pertaining to privacy, finance, economics, politics, cryptography, property rights, and other libertarian-esque views.
I am a Bitcoin evangelist, maximalist, and educator whenever I can be, helping to spread its message of freedom from government control, monetary policy mismanagement, and passing the buck - literally — to future generations. My journey from a curious retail crypto investor to a serious Bitcoin advocate, trader, and technical analyst is an unusual one, but life-changing nonetheless and has become less about money and more about a long-overdue revolution.
While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets. It hasn't yet clicked for me as to how to put anything to use, but I consider it my current rabbit hole I can't yet dig out of.
My perspective of growing up alongside the internet, the dot com era, the Great Recession, and roots in video games collecting coins and rare items caused Bitcoin to immediately make sense to me.
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