Post
Topic
Board Project Development
Re: The Paypal for Bitcoin
by
Bytextech
on 18/08/2017, 12:36:29 UTC
I love the idea of having a company similar to PayPal and using Bitcoin as the medium of payment. Is that the main idea of your post here? It is a little bit confusing actually so I am encouraging you to post more technical details. I had been with PayPal for many years before shifting to cryptocurrency.

PayPal had some issues which to these days are still unresolved. Maybe because they don't want to get entangled with the government, they became stricter than usual and this resulted into many online marketers leaving PayPal for good.

I am sure though that sooner or later, PayPal would incorporate cryptocurrency into their business model otherwise they would be losing more business value and may just fade away.


Dear iamTom123, Paypal is a huge corporation with huge capital and a lot of customers world wide, if Paypal was interested in cryptocurrencies they could arrange it in one night, its all about market and demand. Only few are in blockchain/bitcoin world actually, there are appox 15 million wallets all over the world, and how many at Paypal ?
The true is that crypto world is running well and adopts local markets and sme agents, tremendous growth will be in case of big corporations are going join us. The second point is that legal bells are loud, risk monitoring and compliance  is a must for every solid business.
It takes time to implement new technologies anyway Smiley.

Take care