Quote from: Fortify on Today at 08:41:15 PM

Quote from: Sirait on November 30, 2020, 06:27:53 AM

^ I don't know if it's connected, it seems that Paypal accepting crypto is already having an effect on other big companies. mass adoption is getting in our sight, tighten your belt we will see the big bull run soon.

It's definitely a natural evolution for a card processor to want to get involved in the crypto scene and it is surprising that it has taken them so long. I guess now that Paypal has semi-legitimized the whole idea and there has been no push back from the government, many more financial institutions are ready to take the plunge. Bitcoin and crypto in general is replicating the functionality of these payment card networks so they will certainly want to corner as much of the market as possible, drawing people into some sort of wallet that VISA controls and maybe even restricting it to the level of Paypal where it can only be bought/sold back to VISA. This gives them power over a lot of crypto and allows them to generate transaction fees while minimizing possible legal liabilities.

For sure they will but there would lots of consideration and arguments that they would come up with with this kind of decision because we know that they do abide governments rules which means that they would really be most likely be in line with centralization which is a normal approach but as a business then
owners couldn't really deny nor ignore the probabilities on getting more higher revenue if they are trying to adopt or integrate something just like crypto.

Its really good to see that they had adopted this one even though some people do see it for it to be necessary but at least we are really getting some attention on here.