paypal i think had helped the adoption of BTC. there were issues but the millions of users of Paypal was made aware of BTC.
in my country crypto still is often regarded as scam by the mainstream media. i'm sure its the same with other countries. this makes the rest of the people left behind with this new asset class which i think is one of the challenges in the industry resulting to a very slow adoption. with the scam reports of the media, the trust of the people is another challenge to beat.
Paypal plays an important role in helping to accept and adopt Bitcoin as a currency and investment asset. By adding Bitcoin payment features to their platform, Paypal is simplifying transactions and making Bitcoin more accessible to many. It also gave the cryptocurrency technology and market wider legitimacy and acceptance.
The mainstream media still often takes a skeptical view of cryptocurrencies and assumes that many of them are scams. However, as time passes and the popularity of cryptocurrencies increases, this view begins to change and more people begin to understand and trust this technology.
There are also more regulations being put in place to address security concerns and help reduce the risk of fraud, making it important for people to research and fully understand before deciding to invest in cryptocurrencies.