Post
Topic
Board Bitcoin Discussion
Re: Momentum Builds for Bitcoin
by
pooya87
on 22/10/2020, 06:59:39 UTC
Big things are happening right now. I don't consider them relatively little developments even in the short-term. What you mentioned are huge milestones for Bitcoin and cryptocurrency in general, especially the entrance of Paypal in the cryptocurrency market, allowing its large number of users to buy and sell Bitcoin using their Paypal accounts. All this signifies wide acceptance.
i disagree.
it is not a big milestone for bitcoin at all. a big milestone would be when retailers start accepting bitcoin directly and people start spending bitcoin day to day to buy things such as groceries. otherwise a payment processor with high fees and lots of issues such as chargeback scams letting its users buy bitcoin is not big.
and in short term, it can cause some hype which is why the importance of it in short term is  very small. but in long term as it allows more people to dump their fiat using different methods for bitcoin it is a good thing.