Post
Topic
Board Bitcoin Discussion
Re: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019
by
Kotone
on 08/11/2018, 22:51:44 UTC
A Swiss startup company aims to make the use of cryptocurrencies for online transactions simple and safe just as it is with PayPal.

So....

Quote
Utrust aims to be the "PayPal of Crypto" by providing ..bla bla bla

For once we have bitpay but forgetting about that one we have just by searching google:

Coinbase Introduces the ‘PayPal of Crypto’
COTI, The PayPal of Crypto
Initiative Q - The PayPal Of Crypto
Decem – PayPal of Crypto
.....
Why wanting to become something that cryptos were meant to replace?

Besides...
Quote
Utrust says that with these partnerships, thousands of merchants can accept cryptocurrencies easily, receiving fiat equivalents in their bank accounts.

What we need is a solution to have the ones that produce the merchandise also receive coins otherwise it would be a stupid circle of people buying bitcoins and merchant selling bitcoins as they have no way to actually spend them on loading the store.




LOL all of them becomes paypal of crypto. Why do they need to become paypal of crypto? how about crypto of paypal  Cheesy. Crypto should not take paypal as their superior or equal as Peter Thiel said in many of his interviews, bitcoin and other cryptos is the one thing they want to attain for Paypal. They want a digital currency away from fiat. They have that purpose and mission in mind but they just didn't have that workaround how to execute it.