PAYPAL RUMOR

[Yudhisthir]

If the rumor turns out to be executed, it will be a big win for bitcoin, because many persons will then to expose to cryptocurrency, although one's account can be locked by Paypal that is centralization. This will set out a swift competition among fintech.

I think it's true as many sources are quoting towards it but it's not a surprise. Many payment gateways like Skrill and Payeer had already integrated cryptocurrency and Paypal would not want to lose it's customers for not allowing them to buy and sell crypto. But it also doesn't mean that their would be any change on ho Paypal would operate.

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[giammangiato]

I'm sure we all heard the rumor by now I will believe it when I see it, but it would be pretty cool to have friends venmo you some BTC!!! or BTC friends and family paypal payment option Im not sure how this unfolds but It is a good start for all the nocoiner friends of ours to see bitcoin as a payment option on paypal or venmo. I hope there is some truth to the rumor just to have more widespread adoption. Although screw the middleman always taking a cut of our money! That would be some real irony having bitcoin being used and some third party taking a cut But every company takes a cut in fees or whatever so be it I guess. I'm looking forward to hearing your opinions on this

There is a background of truth in this entry, and the more days pass, the more news you find! after the great success of Square, he set in motion an economic problem that paypal cannot stop, but 20 years after his birth he is faced with a competitor who could steal a lot from the market, that's why this rumor! and I believe that paypal will soon give its 325 million users the opportunity to buy and sell bitcoins

[Emitdama]

Bitcoin is not meant to function with the help of PayPal as a middleman. If your friends and family wants to make use of cryptocurrency there are wallets that they can download to their smartphones such as Blockchain wallet, coinbase, BitPay and so many of them that can help them send and receive BTC whenever they want.

And moreover I don’t think that PayPal will like to allow people to send Bitcoin using their app. They rely on the fees they charge for transaction to be able to make profit and they wouldn’t be able to do that with Bitcoin. So they are not going to add an option for Bitcoin on their app. For them to add it, there would probably be a way for them to make profit from it.

[ChiBitCTy]

I don't see paypal ever accepting bitcoin on to its platform, there really is no upside for them to do so.  Paypal is a filthy scummy company and I would never trust them with my bitcoin even if they did ever bring it on their platform.

[Lillominato89]

Bitcoin is not meant to function with the help of PayPal as a middleman. If your friends and family wants to make use of cryptocurrency there are wallets that they can download to their smartphones such as Blockchain wallet, coinbase, BitPay and so many of them that can help them send and receive BTC whenever they want.

And moreover I don’t think that PayPal will like to allow people to send Bitcoin using their app. They rely on the fees they charge for transaction to be able to make profit and they wouldn’t be able to do that with Bitcoin. So they are not going to add an option for Bitcoin on their app. For them to add it, there would probably be a way for them to make profit from it.

You are not entirely wrong, but as happened in Italy with Hype which is part of Banca Sella, they implemented the blockchain directly on their banking app, where you can buy and sell bitcoins and send and receive them. So I think it is entirely possible that paypal could enter the cryptocurrency market! only time will tell if there will be a rumor or it will come true

[Nalbo]

When a new person learns about Bitcoin, the first question they ask is how can I buy some bitcoin with Paypal. People are still doing buy and sell of bitcoin and altcoins with Paypal but it has it's own risks. Many fraudulent traders were intentionally creating a dispute an Paypal was making a decision on their favor claiming they can't verify that the trade did happen. With this, Paypal buying and selling of crypto would be safer.

[Reatim]

I'm sure we all heard the rumor by now I will believe it when I see it, but it would be pretty cool to have friends venmo you some BTC!!! or BTC friends and family paypal payment option Im not sure how this unfolds but It is a good start for all the nocoiner friends of ours to see bitcoin as a payment option on paypal or venmo. I hope there is some truth to the rumor just to have more widespread adoption. Although screw the middleman always taking a cut of our money! That would be some real irony having bitcoin being used and some third party taking a cut But every company takes a cut in fees or whatever so be it I guess. I'm looking forward to hearing your opinions on this

How i wish it is true as well because i am spending more for transaction whenever i need Paypal and i am paying Bitcoin.

For several time i think i lose 10-20% everytime i need to buy paypal using my coins.
compared if i send Money to my friend in US.

if this becomes active in the coming days?i will be glad to continue my Business in US to my country.


Anyway is there some links where i can find this news?if there is truth behind this or just a Humor only.

[rodskee]

When a new person learns about Bitcoin, the first question they ask is how can I buy some bitcoin with Paypal. People are still doing buy and sell of bitcoin and altcoins with Paypal but it has it's own risks. Many fraudulent traders were intentionally creating a dispute an Paypal was making a decision on their favor claiming they can't verify that the trade did happen. With this, Paypal buying and selling of crypto would be safer.

Once Paypal already announced this properly this point would be very useful, as every problem
regarding to this issue will properly escalated.
It's a good sign for people who are mostly dealing business online, trading and buying crypto using
this platform would be much easy and convenient.
Proper announcement is much anticipated for this news, once the team formally announce their
participations movements from the market will be there.

[Kakmakr]

People are getting all excited over nothing, they should actually be sad about this news. PayPal are hiring Blockchain engineers to develop their own Blockchain technology and their own token ....this token will take a major market share of people invested in Bitcoin, because it is linked to PayPal and thus more convenient for people to use. (just speculation at this stage)

Even though Bitcoin is more widely used, companies like PayPal will develop their own Crypto currency for this simple reason .. Control. They want full control over the tokens and the mining and the decisions on forks and changes... they not going to wait for months to push through a fork, whilst different groups are fighting over changes that needs to be done. (like with the BCash fork fiasco)

[nicko122]

PayPal to Reportedly Support Cryptocurrency Direct Transactions

PayPal plans to roll out its crypto offering “in the next three months, maybe sooner.”

https://www.financemagnates.com/cryptocurrency/news/paypal-to-reportedly-support-cryptocurrency-direct-transactions/

[Lorence.xD]

People are getting all excited over nothing, they should actually be sad about this news. PayPal are hiring Blockchain engineers to develop their own Blockchain technology and their own token ....this token will take a major market share of people invested in Bitcoin, because it is linked to PayPal and thus more convenient for people to use. (just speculation at this stage)

Even though Bitcoin is more widely used, companies like PayPal will develop their own Crypto currency for this simple reason .. Control. They want full control over the tokens and the mining and the decisions on forks and changes... they not going to wait for months to push through a fork, whilst different groups are fighting over changes that needs to be done. (like with the BCash fork fiasco)

The speculation is very promising and worrisome at the same time, I do think that we should be happy with this news that they are integrating blockchain to their apps. This might not play out as these company might project I hope because bitcoin has been here longer and even if they create a token, it does not matter because even people from every walks of life whenasked what is cryptocurrency, they will surely speak about bitcoin, some might not and some might say but the popularity of bitcoin can't be surpassed for now.

[7788bitcoin]

People are getting all excited over nothing, they should actually be sad about this news. PayPal are hiring Blockchain engineers to develop their own Blockchain technology and their own token ....this token will take a major market share of people invested in Bitcoin, because it is linked to PayPal and thus more convenient for people to use. (just speculation at this stage)

Do we really take these private centralized blockchains seriously, there is no security in these private blockchain, if they build those on top of bitcoin then we might say that they have the security and it is a legit ledger, if not there is no point in having those as it is not a trust able ledger. The companies that want to jump into the blockchain bandwagon can fool some people for a while but not all the time.

[CardHerald]

You want to use Bitcon as an investor, any investment that brings you profits, you can use it, but bitcoin is completely independent of paypal.
Paypal will not accept payment or conversion in cryptocurrencies until after the issuance of central digital currencies such as the Chinese yuan or the US dollar.
times will add more strong services than paypal
Current cryptocurrency formulas are not suitable for these companies.