Why Bitcoin Is Not Like PayPal Or Venmo
Bitcoin is an entirely new paradigm of money, not a simple secondary payments layer built to increase ease of access like PayPal or Venmo.This is an opinion editorial by Mark Maraia, an entrepreneur, author of “Rainmaking Made Simple” and a Bitcoiner.Bitcoin is not like PayPal or Venmo. This would be obvious to anyone who understands money. As Shakespeare might say, “Ay, there’s the rub.” Almost no one understands money. We are never taught about how fiat money actually works at home or at school or at work … even when you work on Wall Street or....
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Venmo has announced the rollout of its “crypto on Venmo” service, allowing over 70 million users to buy, sell, and hold four types of cryptocurrencies, including bitcoin, using the popular Venmo app. Venmo’s new crypto service further shows Paypal’s commitment to the crypto space, the company detailed. Venmo Launches Crypto Service Venmo, a service by Paypal, announced Tuesday the launch of “crypto on Venmo,” which it described as “a new way for Venmo’s more than 70 million customers to buy, hold and sell cryptocurrency directly within the....
Paypal keeps adding additional payment methods to its repertoire over the past twelve months. Little under a year ago, the company mentioned how Bitcoin payments will be integrated through PayPal subsidiary BrainTree, although not much has happened ever since. Earlier today, an announcement was made regarding the integration of peer-to-peer payment platform Venmo. Peer-to-peer payment solutions have a certain appeal, regardless of what age the user is. There is no better feeling than being able to send money directly to other peers while using a convenient way to do so. Venmo checks all....
Venmo, a Paypal service, has introduced the “Cash Back to Crypto” feature to allow credit card customers to automatically buy four types of cryptocurrencies with their cash back without incurring transaction fees. Cash Back to Crypto on Venmo Payments giant Paypal announced Tuesday a new feature on its Venmo platform called “Cash Back to Crypto” that enables Venmo credit card customers to “use monthly cash back in their Venmo account to auto-purchase cryptocurrency of choice, with no transaction fees.” The announcement details: Starting today, Cash Back....
The CEO of payments giant Paypal, Dan Schulman, has revealed that the demand for cryptocurrencies has been “multiple-fold” of his company’s initial expectations. Paypal’s Venmo recently began rolling out cryptocurrency features to enable Venmo users to buy, sell and hold cryptocurrencies, including bitcoin. Demand for Cryptocurrencies Exceeds Paypal’s Expectations Paypal CEO Dan Schulman talked about cryptocurrency, particularly bitcoin, in an interview with Time Magazine, published Sunday. Paypal is present in more than 200 countries and deals in more than....
Venmo is following in the footsteps of its rival, Square’s Cash App, by introducing cryptocurrency trading. Payments app Square made headlines — and dollars — when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017. Now, rival payments firm Venmo, owned by PayPal, is following suit by launching cryptocurrency trading for four major coins: Bitcoin (BTC), Ether (ETH), Litceoin (LTC) and Bitcoin Cash (BCH).Beginning on Tuesday and set to be widely available within the new few weeks, Venmo’s 70 million+ customers will be able to buy, hold....