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[onlyprofits]

PAYPAL confirms its confidence in the world of cryptocurrencies, invested in PAXOS

As many will know, Paxos is a regulated blockchain platform and has just launched a $ 142 million Series C investment round.

Paypal invested through its investment firm called Paypal Ventures together with Declaration Partners who was in charge of directing the investment round, Mithril Capital, RIT Capital Partners also invested.

As many will assume, Paypal becomes part of the Paxos client portfolio, among them we have Credit Suisse, Societe Generale and Revolut.

What do you think about this Paypal investment?

 

[Niftyicon]

This is quite interesting. I love the fact that Paypal has decided to go all out when Cryptocurrencies are concerned. I do hope that their decision to support Cryptos bears well for their users and Crypto users too.

 

[Sincere66]

PAYPAL confirms its confidence in the world of cryptocurrencies, invested in PAXOS

As many will know, Paxos is a regulated blockchain platform and has just launched a $ 142 million Series C investment round.

Paypal invested through its investment firm called Paypal Ventures together with Declaration Partners who was in charge of directing the investment round, Mithril Capital, RIT Capital Partners also invested.

As many will assume, Paypal becomes part of the Paxos client portfolio, among them we have Credit Suisse, Societe Generale and Revolut.

What do you think about this Paypal investment?

That's a lucrative investment for the future PayPal did. Investing on PAXOS regulated blockchain platform shows the visionary nature of PayPal. They look up to the future, and realized that, they had to get their own Cryptocurrency that can add competition to other existed coins. Who knows, PayPal PAXOS might be the next Bitcoin in the blockchain industry.

 

[Brain]

It shows the extend by which people have faith in the potential that bitcoin have to offer. To me it isn't only about paypal but to all other big companies that are supporting bitcoin

 

[Sincere66]

It shows the extend by which people have faith in the potential that bitcoin have to offer. To me it isn't only about paypal but to all other big companies that are supporting bitcoin

Okay, if that's the case, no problem. We want more investors that will come in and invest heavily on Bitcoin. That will prompt the price to rise more and bring profit to we investors also. I pray let Bitcoin becomes acceptable worldwide to pay for goods and services both offline and online.

 

[Brain]

Okay, if that's the case, no problem. We want more investors that will come in and invest heavily on Bitcoin. That will prompt the price to rise more and bring profit to we investors also. I pray let Bitcoin becomes acceptable worldwide to pay for goods and services both offline and online.

Yeah I'm in total support of world wide acceptance, it will do a whole lot if good.i look forward too to when when bitcoin will be accepted both online and offline in my country

 

[Sincere66]

Yeah I'm in total support of world wide acceptance, it will do a whole lot if good.i look forward too to when when bitcoin will be accepted both online and offline in my country

Good, that's been my dream long time ago. I pray that I will still be around when they will make it a worldwide currency for all kinds of transactions.

 

[achawaskey]

I think PayPal has seen what the future hold about Bitcoin and it wants to invest in it knowing there reputation when it comes to payments.

 

[Sincere66]

I think PayPal has seen what the future hold about Bitcoin and it wants to invest in it knowing there reputation when it comes to payments.

Yes, PayPal has speculated alot about Bitcoin. That's why they decided to launch their own Cryptocurrency "paxos" to improve where Bitcoin failed. Let's see what the future holds for it.

 

[Reznov]

Cryptocurrency proved its power, especially in the recent 2 years, it has been implemented in lot of platforms, domains and agencies, and now paypal joining it, will clear all the existing doubts

 

[Sincere66]

Cryptocurrency proved its power, especially in the recent 2 years, it has been implemented in lot of platforms, domains and agencies, and now paypal joining it, will clear all the existing doubts

Sure, it has already clear my own doubt long ago before I join in the queue of investing through Cryptocurrency. I love the development PayPal put up to implement their own digital currency "PAXOS".

 

[Brain]

Good, that's been my dream long time ago. I pray that I will still be around when they will make it a worldwide currency for all kinds of transactions.

Why not you will be. I'm seeing it happening very soon. As people tend towards the more use of bitcoin the government might be forced to adopt it for general use

 

[Sincere66]

Why not you will be. I'm seeing it happening very soon. As people tend towards the more use of bitcoin the government might be forced to adopt it for general use

Yes, I'm believing such, I fear if other countries government adopt such idea. My country's government will still find difficult to implement such idea.

 

[Brain]

Yes, I'm believing such, I fear if other countries government adopt such idea. My country's government will still find difficult to implement such idea.

Same with mine. I don't know why some government are developing cold feet with the implications. Maybe if fraud is reduced it might go a long way

 

[Wisdom01]

This is really a very good development i think, and i think investing in them doesn't make them their client portfolio and i would love it if paypal could actually start investing in them and join them as partners and others

 

[Sincere66]

Same with mine. I don't know why some government are developing cold feet with the implications. Maybe if fraud is reduced it might go a long way

Especially my own country they make unfavorable decisions to it's citizens. When it comes to implementation of benefiting stuffs. Their is no place that you won't see scam, even in the bank system their is scam. Everywhere their is scam. That shouldn't be a barrier in implementing the worldwide use of Bitcoin.

 

[Brain]

That's right scam occurs every where but what needed to done are still be carried out by the government. I thi k the issue of bitcoin being out of their control is another issue

 

[onlyprofits]

That's a lucrative investment for the future PayPal did. Investing on PAXOS regulated blockchain platform shows the visionary nature of PayPal. They look up to the future, and realized that, they had to get their own Cryptocurrency that can add competition to other existed coins. Who knows, PayPal PAXOS might be the next Bitcoin in the blockchain industry.

It is not easy to dethrone Bitcoin, but it is never known that new cryptocurrencies can emerge, sweeping the attention and investments of those interested. We will see what happens in the near future of this interesting ecosystem

 

[Sincere66]

It is not easy to dethrone Bitcoin, but it is never known that new cryptocurrencies can emerge, sweeping the attention and investments of those interested. We will see what happens in the near future of this interesting ecosystem

Too hard for any coins tho dethrone the remarkable achievement Bitcoin made. But when it comes to cryptocurrency world, anything can still happen. Let's see what the future have for all this coins emerging and the ones with potentials.

 

[onlyprofits]

This is quite interesting. I love the fact that Paypal has decided to go all out when Cryptocurrencies are concerned. I do hope that their decision to support Cryptos bears well for their users and Crypto users too.

When a giant like Paypal decides to make a move of this type, it is that great events come with respect to cryptocurrencies, such as the increase in price, as is happening to BTC and the great majority of cryptocurrencies, coupled with the fact that their use for payments is becoming more common in the digital world

It shows the extend by which people have faith in the potential that bitcoin have to offer. To me it isn't only about paypal but to all other big companies that are supporting bitcoin

That is true, but the case of Paypal is very interesting since it is the first payment gateway in the world and well known even by those who do not use it