PayPal and Cryptocurrency
PayPal and Cryptocurrency these two are terms that have crossed paths recently for a number of times and every time there has been some headline news. So it is really surprising to me that after pulling out of LIBRA PayPal Co-founder invested in Renewable Energy which is specifically focused on Bitcoin Mining.
The company Peter Thiel invested in is called Layer 1 and is currently trying to bring Mining Market to the US as we all know that China is the Bitcoin Mining Capital in the World. Now I am not sure why Peter Thiel would move so fast especially after the LIBRA deal but it would be safe to say that something interesting is cooking behind the scenes and since we are outside the scenes we will have tow ait and see what it brings to us.
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When I first saw the title of the blog post, I thought that PayPal started supporting cryptocurrencies, but looks like we have to wait for that. Imagine easily buying and selling Steem in your PayPal account. That would be fantastic!
Me too
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That would indeed be fantastic but PayPal banned my account for supposed Breach of TOS. They have a pretty shitty customer service whose one and the only answer is that you violated TOS. So even though I would like for STEEM to succeed but truth be told I don't want PayPal to be the one.
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It would be really nice if PayPal support steem. Day dream?
It would definitely be nice but truth be told I don't see the Institutions jumping onto STEEM right now as they haven't even dipped their feets in the Market yet.
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