PayPal integrating BTC into their platform

[coolsheet]

https://www.marketwatch.com/story/p...-and-use-them-for-online-payments-11603283352
Probably the catalyst for the recent spike and could possibly push it passed the next resistance levels.

 

[blackbeans]

It's about time. I had to turn down a lot of business here because the client can only pay in BTC. This is a great move by PayPal

 

[Mr Positive]

It's about time. I had to turn down a lot of business here because the client can only pay in BTC. This is a great move by PayPal

move to btc with or without PayPal, your account won’t be blocked, nonasty chargebacks

 

[NirvanaWolf]

More bans incomiiiiiiiiiiiiiing....

 

[avichal]

Interesting, will be really helpful for sellers.

 

[BassTrackerBoats]

I'd be waiting for a period of time, probably not less than 6 months, for them to shake out the bugs as you know there will be some with this addition.

 

[alurosu]

I like that you can buy, but I will not hold in their wallets. It will probably be like Revolut and can't import / export coins. We'll see. Only in US at the time.

It's a good step forward.

 

[Salamouna]

This paypal new is the biggest news of the year in crypto. All banks will now be on a race to service crypto. We have crossed the rubicon people

 

[HustleTong]

It could eventually develop into PayPal's golden ticket to bank more on limiting accounts with funds. I'm curious how this would end.

 

[jasonforrest]

can't wait to dump my Paypal at any BTC price.

 

[sina999]

We still hate PayPal and expect huge fees for buying/selling and sending BTC.

The only good thing about this is the broad marketing and more people will like and understand BTC.

Unfortunately bans, chargebacks, freezes will still be a problem

 

[Toz]

https://www.marketwatch.com/story/p...-and-use-them-for-online-payments-11603283352
Probably the catalyst for the recent spike and could possibly push it passed the next resistance levels.

That's one of many catalysts. There's quite a bit happening in the crypto space. PayPal, Square, OpenSea, UnstoppableDomains, PayID, MoneyGram, etc. The list goes on and on.

 

[Deleted member 1333509]

All banks will now be on a race to service crypto.

Banks have been quietly patenting tonnes of blockchain concepts for years now and integrating it into their systems.

They're absolutely anti-crypto with regards to getting business accounts for crypto projects though, and also have been really slow to react to crypto - so it shows their disjointedness regarding it.

I bet they're spinning their wheels to try to get into a position of control asap (i.e. CBDC's)

 

[bartosimpsonio]

Came here to post this. Really big news.

 

[terrycody]

Oh boy, will this boy really go up to $100K per coin as those predicted? Let's see...

 

[HoNeYBiRD]

Interesting. How will their buyer/seller protection work with crypto payments, when those are not reversible?

 

[india]

That's good news but some people will still prefer other platforms for BTC.

 

[MisterF]

Interesting. How will their buyer/seller protection work with crypto payments, when those are not reversible?

They'll try to pass on the blame and find a loophole.

 

[nakamura]

Didn't Paypal invest/join Libra?

Lets see how high the fees are

 

[MisterF]

Oh boy, will this boy really go up to $100K per coin as those predicted? Let's see...

Let's see it clear $12,500 first