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

Discussion in 'Crypto Assets' started by johnarb, Jun 22, 2020.

  1. MrMuppet

    MrMuppet

    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.
     
    #11     Jun 23, 2020
    johnarb likes this.
  2. Sprout

    Sprout

    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.
     
    #12     Jun 23, 2020
    johnarb likes this.
  3. johnarb

    johnarb

    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.

     
    #13     Jun 23, 2020
  4. Opcodes

    Opcodes

    no deal this is crypto do a stablecoin smart contract
     
    #14     Jun 23, 2020
  5. Opcodes

    Opcodes

    there's not much narrative left for the baghodlers volume drying up normies onto migrated to Robinhood
     
    #15     Jun 23, 2020
  6. Opcodes

    Opcodes

    11 years still zero use case look at my nickname don't recognize? okey...
     
    #16     Jun 23, 2020
  7. Opcodes

    Opcodes

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

    blockchain will survive crypto nope
     
    #17     Jun 23, 2020
  8. Opcodes

    Opcodes



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

    whatever makes money man
     
    #18     Jun 23, 2020
  9. Opcodes

    Opcodes

    that itself defeat the purpose of crypto = fail

    not your keys not your crypto

    bitcoin ethereum zero by 2030 tops
     
    #19     Jun 23, 2020
    Clubber Lang likes this.
  10. Cointro

    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.
     
    #20     Jul 22, 2020