Payments companies like Paypal, Square, Skrill, and others are finally driving into the Bitcoin revolution. Openly declaring the digital currency is the next big thing in the payments space.

28 comments

  1. mookmerkin

    |Author

    No spin/lies here! The biggest/most interesting name in the headline, Paypal, is doing NOTHING with Buttcoin. It’s using a blockshame for IDENTITY MANAGEMENT. No magic beans, so magic bean adoption, nothing. Non-event.

  2. BakedEnt

    |Author

    “The Bitcoin” revolution. What the actual ****. Stop trying to frame headlines and articles.

    The tech is blockchain, and Bitcoin developments on that tech has been purposely obstructed by Core for malicious reasons.

  3. wardser

    |Author

    Instead of taking BTC, they need to start off with taking stablecoins.

    1. Get people used to the idea of storing their own money on their own computers.
    2. Get vendors used to the idea of receiving crypto without needing to explain how the price can change. $1 USDT = $1
    3. The stablecoins also tend to be faster than BTC
    4. All alts can be sold into stablecoins fairly easily, and you won’t lose 5% between the time you send your payment and it arrives to your wallet
    5. Stablecoins don’t appreciate, so people will actually spend them instead of trying to time the best exchange rate/hoarding the coins

  4. Journalancer

    |Author

    Last week Reddit was slamming Forbes as being almost identical to Huff and whatnot, just because there was a piece that slammed crypto. What, we’re all good now?

  5. svw05062009

    |Author

    Money talks!!! This means next step will be seeing who will have the strongest loby in 2020 elections and the usual follow the money will leed to CC conections leaking. Sweet!

  6. B1ackCrypto

    |Author

    But here’s the thing….. There’s already a large number of ways to spend bitcoin, but stats show practically no one is actually using it for that. What’s going to be done to help encourage change that? No one ever seems to talk about this.

    Edit:typo

  7. Edulerp

    |Author

    Yeah, I remember how surprised I was when CoinDeal announced Skrill withdrawals. I’ve always thought those companies like Paypal etc. would avoid the crypto world and here we are. Now I can withdraw EUR, USD, GBP and KRW via Skrill, which still sounds surreal.

  8. lemzor

    |Author

    Lots of ppl forget that paypal isnt just a payment provider or inbetween. They offer services if you get scam/fraud and insurance delibry and they get back your money. Dont know how it works into crypto but pretty sure you can say goodbye

  9. AutoModerator

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  10. AutoModerator

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