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Author Topic: Crypto mass adoption closing in  (Read 457 times)
VDraci (OP)
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July 15, 2020, 08:37:15 AM
 #1

Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?



I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit
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July 15, 2020, 09:05:24 AM
 #2

will it be a threat for defi as it can grab all of the demand that already around the DEFI that exist in the crypto ecosystem? I doubt if that will bring a good impact on the crypto.
If Paypal tries to adopt crypto and what will be happening with the project that focuses to create a payment gateway for crypto?

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July 15, 2020, 09:11:28 AM
 #3

Very pleasant news to hear anyway.  I want to believe that all these and many more positive moves to create mass adoption for crypto will definitely come into reality, because we've heard of many news like this that later died down.  It is the joy of everyone in the space for news like this to come into reality. Kudos to Binance and everyone making efforts in the mass adoption of crypto.
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July 15, 2020, 09:12:29 AM
 #4

will it be a threat for defi as it can grab all of the demand that already around the DEFI that exist in the crypto ecosystem? I doubt if that will bring a good impact on the crypto.
If Paypal tries to adopt crypto and what will be happening with the project that focuses to create a payment gateway for crypto?

they can still launch their own payment gateway since they are offering almost  the same services .
Paypal will only dominate because it already has many user's .
The possible scenario is the adoption  of crypto may increase because one of the largest online payment PayPal is adopting crypto services . And the users of that platform can now easily buy crypto using that platform and they have a lot of user's thats why I think it's  still a good news since mass adoption is what crypto currency need to have many investors.

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July 15, 2020, 09:25:42 AM
 #5

will it be a threat for defi as it can grab all of the demand that already around the DEFI that exist in the crypto ecosystem? I doubt if that will bring a good impact on the crypto.
If Paypal tries to adopt crypto and what will be happening with the project that focuses to create a payment gateway for crypto?

they can still launch their own payment gateway since they are offering almost  the same services .

The possible scenario is the adoption  of crypto may increase because one of the largest online payment PayPal is adopting crypto services . And the users of that platform can now easily buy crypto using that platform and they have a lot of user's that why I think it's  still a good news.

Another good news from known payment gateway, however, I wonder what will be the response of those users whose account were frozen due to crypto dealings before. Are they going to apologize for that previous situation now that they are going to integrate crypto services?
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July 15, 2020, 09:32:14 AM
 #6

will it be a threat for defi as it can grab all of the demand that already around the DEFI that exist in the crypto ecosystem? I doubt if that will bring a good impact on the crypto.
If Paypal tries to adopt crypto and what will be happening with the project that focuses to create a payment gateway for crypto?
You sound as if PayPal is the only payment solution we have in real world today, whats wrong with having more than one crypto payment solution? PayPal existed but Wepay and Alipay still become successful, do you know how big payment solutions can be? You have no idea

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July 15, 2020, 09:34:29 AM
 #7

Binance card has already been launched in the market. It's just a matter of time before it is launched worldwide. Read the post below,

https://www.binance.com/en/blog/421499824684900479/Introducing-the-Binance-Card-Shop-and-Pay-With-Crypto-Anywhere-in-the-World

Current list of countries:
Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Gibraltar, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom, Guadeloupe, Guernsey, Isle of Man, Jersey, Martinique, Monaco, Reunion, San Marino, Saint-Martin, The Aland Islands

Ref: https://www.binance.com/en/support/articles/ed89f6797ae943ad87841e58591eb229

Indeed a great step forward towards mass adoption!

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July 15, 2020, 09:42:47 AM
 #8

I have not heard of a partnership between Binance and Paypal, there was a partnership project between Binance and a Visa card but it failed, and then Binance purchased the largest share of Swipe.io, a portfolio that has a partner in Visa.
Although this news may delight many if there is a partnership between Binance and Paypal, but also there is a fear of switching to centralization after Binance purchases and controls many electronic payment services and third-party services for cryptocurrencies.
Can you put the news link?

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July 15, 2020, 09:45:02 AM
 #9

Finally the world is aware that crypto has many usages, there are many other implementation of crypto such as to track the authenticity of goods and property and many more. It will be great if paypal really developing crypto service and even better if it got integrated with paypal
Imagine how convenient it will be when to make a transaction in the internet what you need is just a crypto

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July 15, 2020, 09:56:37 AM
 #10

Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?



I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit
Thats good news, to hear! will thats not surprise me, because Binance is doing great much this year in terms of development. As Binance users since 2017, I can say that Binance never stops to innovate from the simple and humble beginning to one of the crypto industry giants. On the Paypal side well as we all know that Paypal has millions of users for me it will possibly bring more positive development to the entire industry as well.  
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July 15, 2020, 10:02:52 AM
 #11

I will be a contrarian here, we appreciate CZ's effort, but it looks like he really taken so much control and power and it is growing by the day. Adoption will come, but we shouldn't be forcing the issue here. We have more leg room here, 5-10 years down the line. I would rather see the market mature instead of third party like Paypal, who by the way, was anti-bitcoin, but suddenly chance their stance because of one reason - the potential profit they can make from us.
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July 15, 2020, 10:04:29 AM
 #12

We've heard alot about crypto good news in 2018 and later they died off, I hope this isn't another crypto rollercoaster that will take us to no where but just rounding the circle over and over again, I hope this time PayPal will actually make this a possibility, the only thing holding crypto back is mass adoption

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July 15, 2020, 10:07:27 AM
 #13

I will be a contrarian here, we appreciate CZ's effort, but it looks like he really taken so much control and power and it is growing by the day. Adoption will come, but we shouldn't be forcing the issue here. We have more leg room here, 5-10 years down the line. I would rather see the market mature instead of third party like Paypal, who by the way, was anti-bitcoin, but suddenly chance their stance because of one reason - the potential profit they can make from us.
What? I'm fine with PayPal making every pennies they can from crypto spenders but it will be a massive eye opening for the world, this will make crypto become widely used by people who even don't know about crypto till this day jump right in, it seems you are only looking at what PayPal will make from this and not the impact it will have on crypto.

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July 15, 2020, 10:11:47 AM
 #14

They are late for party in my opinion, they were against bitcoin, against entire crypto, and like that for years, and suddenly they changed their mind? What was the reason we still don't knows, I guess it's good thing for crypto because it will bring new people, it's a good advertisement. It will be interesting to see what will tehy do exactly and what will they offer, I never had PayPal and I will not hurry to try this new stuff, but if crypto community have a positive reactions maybe I will try them too, who knows.

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July 15, 2020, 10:17:02 AM
 #15

PayPal used to go against Bitcoin in the past but why now? Anyways it's all still good, I'm not looking forward into this though, Alchemypay and Binance is enough to drive up the rate of crypto mass adoption, if PayPal can work this out then it's all good

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July 15, 2020, 10:23:46 AM
 #16

Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?



I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit
Well the adoption for the bew era started,this might give more trust to the people who have been thinking crypto currencies are only for illegal payment.If paypal starts accepting cryptos then it will play a major role towards merchants to accept cryptos so they can easily process payments from anywhere in the world for their customers purchase legally.
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July 15, 2020, 10:30:50 AM
 #17

Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?



I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit

One of the reason why people are not comfortable using crypto is the technical aspect involved with learning to use crypto. If established enterprise like Paypal would integrate crypto buying, selling and trading within their platform, people would find it much easier to go with as they'll feel it better to buy using the interface they are familiar with. And as they get used to it, they'll look for better alternatives promoting overall crypto adoption.


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July 15, 2020, 10:35:03 AM
 #18

Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?



I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit
Binance is such a big help to the community, he makes us believe, that an exchange is capable to make a big difference in the industry and the company contributed a lot by helping investors find a good projects on their IEO based crowdfunding, they acquired Coinmarketcap for transparency in volume and liquidity, there's more to come for Binance that we have to wait.

BACK FROM A LONG VACATION
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July 15, 2020, 10:38:57 AM
 #19

Everything with crypto keeps getting better, thanks to binance, the team and CEO isn't aiming for their pockets only but helping crypto in general, they understand how important mass adoption is for crypto to survive in future, now I heard binance card is getting launched soon, thank you binance and team

Another good news this year is about PayPal involvement in crypto currency, imagine how easier mass adoption will become if PayPal implement crypto payment?



I even believe that Decentralized Finance and Stable coins will play major role too

So far.....So good with crypto, at least we are getting some where, step by step, bit by bit
Binance is such a big help to the community, he makes us believe, that an exchange is capable to make a big difference in the industry and the company contributed a lot by helping investors find a good projects on their IEO based crowdfunding, they acquired Coinmarketcap for transparency in volume and liquidity, there's more to come for Binance that we have to wait.

The good thing about centralized projects is they earn more and efficiently enabling them to spend some of their profit on advertisement, promotions and creating tutorials and better experience for the users. We can't expect a global crypto adoption without the involvement of private enterprise specially when we are still away from creating a decentralized cross platform solution. A centralized platform can easily integrate fiat and cryptos without the need for users to do trades manually.
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July 15, 2020, 10:46:28 AM
 #20

Paypal and most of the large financial business were hostile to crypto just a few years ago. Many called them bubble and Paypal specially tried to avoid it as much as possible, making P2P crypto trading illegal on it's terms. As crypto and specially bitcoin held it's ground for years and along a lot of turmoil, they are now realizing crypto is something that's here to stay.
Paypal current crypto love is just a last moment resort to save it's business as it sense crypto could easily replace it and provide a much cheaper, quicker and efficient option.



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