Post
Topic
Board Bitcoin Discussion
Re: Do you think this is the start of mass adoption in Bitcoin? or Nah?
by
CODE200
on 23/10/2020, 03:16:05 UTC
PayPal Will Start Accepting cryptocurrency

this is a bit weird to say though. PayPal is not a merchant to accept bitcoin but they are a service provider that has been providing payment services and online wallet option to people. now they have added the option to work with bitcoin too.
the way i see it this is another way for them to make more money from commissions while keeping their users and won't affect adoption of bitcoin.
It is the influence that will benefit this industry but not really what PayPal did. Ofcourse, PayPal will be the one who will benefit more from doing so, but to look in different perspective, given how huge this network is, it could lift the confidence of other companies, businesses who are doubting the advantages of this technology. 'coz no matter how we put things here, mass adoption of cryptos are being stopped by doubts due to issues concerning decentralization and volatile market value.