Bitcoin Isn't The Only Cryptocurrency Getting Love From PayPal
The big news Tuesday was that PayPal would allow North American (for now) merchants to sell their digital goods for bitcoin through the PayPal Payments Hub, but there seems to be a little bit more to the news. Something that's sure to make altcoin lovers excited. Before I get to that, I should mention that PayPal is working with the three major bitcoin payment processors out there: BitPay, Coinbase, and GoCoin. While BitPay and Coinbase operate strictly with bitcoin only, GoCoin offers support for litecoin and dogecoin in addition to bitcoin. What that means, according to GoCoin CEO Steve....
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Let me begin by nailing my colors firmly to the mast. I like PayPal. I know that this puts me in conflict with a lot of Bitcoin users, but there you go. Looking at PayPal and Bitcoin, both have certain advantages, and it would be difficult, if not foolish, to ignore their relative strengths. PayPal was established in 1998 in California and, in the intervening years its success demonstrates the fact that it has worked well. Last year I bought a wetsuit, from a business called "The Lime Shop" it didn't arrive, the cavalry arrived in the form of PayPal, and I got my money back. Now, PayPal....
As previously reported on CCN, PayPal has taken steps forward to endorse Bitcoin as a form of online payments, and the integration of Bitcoin into PayPal's payments services is going forward. Since PayPal and Bitcoin are global services, how Bitcoin is treated internationally is of great import to PayPal. Australia has a love-hate relationship going with Bitcoin at this very moment, and government officials seem somewhat confused on how to handle the most sophisticated form of funds transfer extant. The Australian Senate is still looking at Bitcoin, and many with a vested interest have....
Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers to Third-Party Wallets Jose Fernandez da Ponte, Paypal’s head of cryptocurrency, said during the Consensus 2021 conference Wednesday that his company will soon start allowing cryptocurrency withdrawals to third-party wallets. He explained: We want to make it as open as possible and we want to give....
You want your romantic feelings for Bitcoin to be mutual? Why not celebrate Valentine’s Day reflecting on whether Bitcoin actually loves you back? Your love for Bitcoin is reflected in Bitcoin price. But did you know that the larger the adoption is, the higher the value? Bitcoin is not universally loved yet, but its beauty is attracting many across the globe and influences all aspects of human development. Yours, Bitcoin xoxo. Hesham Rehman, CEO & co-founder of Bitxoxo.com, describes the Bitcoin love by merchants and retailers worldwide as a huge phenomenon. According to Rehman, there....
“In a telling move about the future of money, PayPal has added a Bitcoin entrepreneur to its board of directors,” CNN Money reports. Fintech entrepreneur Wences Casares joined the board on Tuesday, PayPal announced Wednesday. The move has been interpreted as the beginning of a new phase in PayPal’s timid love story with Bitcoin, which could conceivably culminate in open adoption. “We’ve entered a period of unprecedented disruption in payments and financial services driven by the mass adoption of mobile technology and the digitization of cash,” said PayPal President and CEO Dan Schulman.....