Post
Topic
Board Speculation
Re: Bitcoin Could Exceed $1 Million in 7 -10 Years: PayPal Director
by
KennyR
on 24/04/2019, 10:53:08 UTC
“In my (subjective) opinion ”- Xapo CEO Wences Casares

Speaking for Xapo mostly, I'm sure the remaining board of directors are seeing PayPal performing the most daily payments in near future.

Conquering PayPal requires throughput, requires mass markets. Bitcoin should focus on it's Achilles' heel and there are many. Cross border payments to mention. Financial privacy, of course.

I think bitcoin is already closing some gaps. I wouldn't call it Achille's heel though, there are lots of crypto that is faster than bitcoin if we are going to compare them, however, is the most trusted so regardless if there is some issues with fees or the speed more people will still used bitcoin for cross border payments.
In terms of varied features there were more altcoins that are better than bitcoin as stated in the above quote. In terms of liquidity bitcoin takes the lead, and this makes bitcoin to be the much used one than many other cryptocurrencies with advancements. Already there are few coins created by banks were getting used for transaction within country and bitcoin for cross border transactions.