PayPal will offer Bitcoin (BTC). Really?
Replay in late 2019, where PayPal became a major topic in the crypto community especially the claim that the largest payment platform is growing crypto technology and supporting the coordination of the legal framework.
In July, Paypal in collaboration with crypto broker Paxos will offer the purchase of Bitcoin and other cryptocurrencies directly.
Thus, it is not impossible if crypto experts assume that Paypal is likely to be the next firm to support Bitcoin based on the dates and rumors that have arisen.
If it is true that Paypal will focus on digital currency, CIO BlockTower Capital, Ari Paul expects an official announcement from the firm to take place later this year.
The individual could not resist, if the news of Square investment brings shock among investors, this Paypal effort will probably further shake the crypto world as the service has 10x wider the scale of its users.
However, former Google Payments official Tyler Reynolds explained that PayPal only focuses on Bitcoin and not for Ethereum as the digital currency will disrupt PayPal and Square.
Gemini co-founder Cameron Winklevoss assures us that this extraordinary transition marks the beginning of much for most companies to take refuge in global inflationary policies.
At the same time, it will open up opportunities for more companies to follow this new ‘culture’ including major central banks such as Europe and Japan.
