Quote from: cheezcarls on Today at 12:09:12 PM

Quote from: Emily Perkins on November 13, 2020, 09:25:57 AM

Since PayPal just announced that crypto trading and payment services went live in the US, do you think PayPal may turn into a big competitor to existing cryptoexchages? They can also launch a crypto-currency trading desk as well, why not.

No not possible. I don’t think it will happen anytime soon. We can just simply deposit Bitcoin, Ethereum, Bitcoin Cash and Litecoin and hold it, but Paypal has the custody of our assets. They have a history of freezing accounts without any reason. As the old man said, “Not your keys, not your coins”.

paypal is indeed a well-known wallet in the world of digital currency, and has been used almost all over the world,
indeed that is good news for cryptocurrencies, because platforms like paypal want Bitcoin to be in it,
but if you think paypal will be a place of exchange as well for now paypal won't Having said that,
its enough to send and store bitcoins in my opinion.