Laureate Trust announced that its bitcoin trading amount will be superior to Paypal
Laureate Trust announced that bitcoin is becoming the fastest payment option on the internet .Bitcoin trading amount will be superior to Paypal .Though its change is big ,People are still using it .
The CEO Peter Tasca of Laureate Trust said ,if you have a trading system and its trading amount is more than 0.3 billion dollars every day ,it must be admitted .Bitcoin trading amount is more than Western Union ,so we estimate that it will be superior to Paypal later .
The CEO Chaya Hendrick of SmartMetric believed that bitcoin will be better than other payment platforms ,such as Discover ,American Express ,MasterCard and Visa .
Tasca also said bitcoin is the way to get rid of governments for financial market .
Laureate Trust provides investment combination to strengthen the effect .It insists on four basic principle ,including diversification ,technological analysis ,trend tracking and risky administration .All in all ,the principle can gain potential profit in any economic atmosphere .
Bitcoin payment ,including Bitpay and Coinbase ,is challenging Paypal .Tasca reported that Mt.Gox bankruptcy may make negative effect on bitcoin industry .But it may help similar enterprises to advoid similar mistakes .
Though bitcoin may lead Paypal to out of business,its CEO is the supporter of digital currency .He even confesses that he owns digital currency .His company also considers to use bitcoin in their business .
Remaks: Due to language difference, sometimes people out of China can’t know what happened in China quickly. so we are here to make effort to change little, we will translate 3-4 bitcoin news in China to English everyday to help people out of China know what happened and what people thinks about bitcoin in China, If somewhere translate not that good, pls PM us so that we can correct it.
