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❕NEWS Mizuho Predicts $ 2 Billion Bitcoin Income For PayPal

aryan4

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Dan Dolev, a Fintech research analyst at Mizuho, claims that PayPal's cryptocurrency services could generate up to $ 600 million in revenue this year.
It also estimates that this income could reach up to $ 2 billion in 2023.
PayPal apparently both had a positive impact on the Bitcoin price and made huge revenue from its brokerage services.
What are your thoughts on this subject?
 

Niftyicon

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I don't know about numbers but I am certain that PayPal venturing into crypto will be highly profitable for the company and in a short time too.
 

aryan4

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I don't know about numbers but I am certain that PayPal venturing into crypto will be highly profitable for the company and in a short time too.
Yes, I do not know the exact numbers. But according to what the analyst said, it is clear that they will make enormous money from this initiative.
 

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Yes, I do not know the exact numbers. But according to what the analyst said, it is clear that they will make enormous money from this initiative.
Yeah! Tons of people are already waiting for the services to begin and judging by the statement from Paypal, the number of those who have shown interest is overwhelming.
 

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This shows that PayPal also helped to influence the prize of Bitcoin, and we will continue to witness the increase in Bitcoin in a coming day's.
 

aryan4

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Paypal, as it is known, is considered a world giant. It's great that a large number of customers are interested in bitcoin. I hope there will be good developments.
 

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This new perspective of buying and selling bitcoin will benefit you to obtain large profits from your business relationship with large businesses.
 

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Paypal was actually one of the biggest reasons for the main rise in bitcoin markets by making this attempt. It seems that paypal continues to positively affect the markets.
 

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Yeah since Paypal have a lot of users, many would want to buy bitcoin from the site and they would obviously make more money from the trading fees and others
 

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Dan Dolev, a Fintech research analyst at Mizuho, claims that PayPal's cryptocurrency services could generate up to $ 600 million in revenue this year.
It also estimates that this income could reach up to $ 2 billion in 2023.
PayPal apparently both had a positive impact on the Bitcoin price and made huge revenue from its brokerage services.
What are your thoughts on this subject?
Well , this is true , and this is what you will see when top companies enters the cryptocurrency world. I believe Bitcoin will soon hit the moon .
 

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PayPal is in a lot of countries globally, but they have some restrictions on sending money to some countries. I wonder if they are also going to restrict the sending of bitcoin to wallets in those countries.
I doubt that. However we are still waiting for then to officially announced their plans of incorporation of Bitcoin into their ecosystem .
 

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hopefully PayPal will allow restricted countries receive bitcoin, this will enable residents of this countries to sign up for most work online opportunities which pays using PayPal only, and receive payments through bitcoin.
This is what we are expecting to happen but we can never tell whether this will actually happen or not. We are looking up to PayPal for the news .
 

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I hope PayPal announces the news on how they will integrate bitcoin into their payment system. There are a lot of work at home websites that pays out with PayPal only so the restrictions of some countries from receiving payments using PayPal has automatically excluded them from participating in most work at home websites.
 

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Yeah since Paypal have a lot of users, many would want to buy bitcoin from the site and they would obviously make more money from the trading fees and others
They probably knew they had too many users, and they profited heavily from the venture they made. Of course, the market has been positively affected by this initiative.
 

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They probably knew they had too many users, and they profited heavily from the venture they made. Of course, the market has been positively affected by this initiative.
Yeah i think it affected bitcoin price positively because there was a time the price was about $13000 before the price start increasing rapidly and a lot of people earn some cash i think
 

aryan4

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Yeah i think it affected bitcoin price positively because there was a time the price was about $13000 before the price start increasing rapidly and a lot of people earn some cash i think
You are right. I hope that during the year, large investment companies that have not yet made an investment decision will take Paypal as an example.
 

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You are right. I hope that during the year, large investment companies that have not yet made an investment decision will take Paypal as an example.
Yeah true tho its when large investment companies invest that would make other companies be more willing to invest also , and that is when PayPal joined the cryptol world that the price starting sky rocket
 

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Yeah true tho its when large investment companies invest that would make other companies be more willing to invest also , and that is when PayPal joined the cryptol world that the price starting sky rocket
The announcement by PayPal alone trigger the price of bitcoin and after that more companies began to invest in it including MassMutual.
 
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