PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources

[MrMuppet]

Do you even know how old Bitcoin is?

Forget it, these guys just don't have no clue and heckle just for the sake of it.

I hear ya. I use bitcoin for many purchases (with Monero as an obfuscation layer), but I'll be first to admit, bitcoin is not a good form of payment. I've always said bitcoin is a digital investment asset, in my opinion, maybe there's a better crypto out there for purchases, or perhaps we already have it with stablecoins (i.e. USDC/USDT/GUSD) and we just need the market to adjust.

IF I have to be honest and not feel like a hypocrite, I "cashed out" over $6000 to fiat (USD) this week using Coinbase. It's the simplest way to report the taxes. Too much gains too fast on DeFi Ethereum ERC-20 tokens the past 3-4 weeks and even if holding long term, gotta book profits some times and didn't want to spend (bitcoin) so converting to USD is next best option.

BTC has moved away from a potential payment system to a storage system and now it's more or less an ingredient for a synthetic Eurodollar. That means by using BTC plus derivatives you can get exposure to USD without a bank account or even buying USD. BTC is the biggest and therefore the safest network.

And this is what makes this market spin and unless the world doesn't care about USD anymore, BTC will always be the biggest, since it has the most widespread usecase.

 

[Sprout]

BTC has moved away from a potential payment system to a storage system and now it's more or less an ingredient for a synthetic Eurodollar. That means by using BTC plus derivatives you can get exposure to USD without a bank account or even buying USD. BTC is the biggest and therefore the safest network.

And this is what makes this market spin and unless the world doesn't care about USD anymore, BTC will always be the biggest, since it has the most widespread usecase.

As an apex predator, it includes all three functions of sound money; SoV, MoE, UoA.

Only headwind I see is if the US coordinate in an attempt to outlaw it - much like the great gold robbery of 1933.

https://mises.org/library/great-gold-robbery-1933

It’s pretty fascinating that to understand BTC, one gets a historical education on sound money, it’s role in cultural flourishing and the cyclical debasement of currency of empires.

 

[johnarb]

They got overtaken by Square, so I guess it's more or less a FOMO move. They don't give a flying fuck about crypto since these payment networks are basically designed to replace PayPal.
They have to adopt, though, otherwise shareholders will start finger pointing when they're left in the dust.

Found this interesting Twitter post. It's anecdotal, but kinda makes sense. I think PayPal will do a Robinhood iou bitcoin just to hold people's money. We'll see how it plays out when it comes out.

https://twitter.com/x/status/1275231405790728193

 

[Opcodes]

We meet here in 5 years and when you're right I send you 1 BTC.
When I'm right, I get one BTC from you.

What's your definition of irrelevant, tho?

no deal this is crypto do a stablecoin smart contract

 

[Opcodes]

BTC pumpers said the same thing 3 years ago

there's not much narrative left for the baghodlers volume drying up normies onto migrated to Robinhood

 

[Opcodes]

Do you even know how old Bitcoin is?

11 years still zero use case look at my nickname don't recognize? okey...

 

[Opcodes]

Forget it, these guys just don't have no clue and heckle just for the sake of it.



BTC has moved away from a potential payment system to a storage system and now it's more or less an ingredient for a synthetic Eurodollar. That means by using BTC plus derivatives you can get exposure to USD without a bank account or even buying USD. BTC is the biggest and therefore the safest network.

And this is what makes this market spin and unless the world doesn't care about USD anymore, BTC will always be the biggest, since it has the most widespread usecase.

you forgot about mining emission and why civil war happen btc vs bch vs bsv

blockchain will survive crypto nope

 

[Opcodes]

As an apex predator, it includes all three functions of sound money; SoV, MoE, UoA.

Only headwind I see is if the US coordinate in an attempt to outlaw it - much like the great gold robbery of 1933.

https://mises.org/library/great-gold-robbery-1933

It’s pretty fascinating that to understand BTC, one gets a historical education on sound money, it’s role in cultural flourishing and the cyclical debasement of currency of empires.

anyway if it makes money why not? there are futures cfds warrants binary options

whatever makes money man

 

[Opcodes]

Found this interesting Twitter post. It's anecdotal, but kinda makes sense. I think PayPal will do a Robinhood iou bitcoin just to hold people's money. We'll see how it plays out when it comes out.

https://twitter.com/x/status/1275231405790728193

that itself defeat the purpose of crypto = fail

not your keys not your crypto

bitcoin ethereum zero by 2030 tops

 

[Cointro]

I have Blackcatcard, for me that's the most simple way to buy and sell crypto. That's a debit card with a hot wallet linked to it. I just make crypto-fiat & fiat-crypto exchanges at the rates in the app.