Cryptocurrency

Paypal CEO is classed as a Bitcoin HODLer and explains the Libra-

More and more frequently, famous personalities come to the fore, as a Bitcoin HODLer come out of the closet. Bitcoin seems to be the Rich and Beautiful of this world, so always better to arrive. The latest in the League of the Paypal CEO Dan Schulman, who outed himself in an Interview with Fortune magazine as a Bitcoin HODLer is. It was in the Interview, but also and especially to Libra and the withdrawal of Paypal from the Libra Association. What’s behind it?

Paypal CEO of Bitcoin Hodler is – “Only Bitcoin? – Yes“

As mentioned above, the Paypal CEO Dan Schulman answers questions asked by the Fortune magazine and gave a deep insight into the working of Paypal and Blockchain technology. The Paypal CEO is not really surprising also a Bitcoin HODLer, because on the question of whether, and to what crypto currencies would have, he said quite dry:

“And hold you personally any crypto-currencies?” “Yes. Bitcoin.“”Bitcoin?” – “Yes”.

A real Statement of what makes between the lines clear, what could keep a real Payment expert of other crypto-currencies, and Bitcoin is seemingly interesting for him. However, this is pure speculation on my part.

Blockchain Yes, Libra no – The backgrounds of the Libra From

In the Interview, the Paypal CEO, was very open to the Bitcoin resulted in technology Blockchain. He referred to it as promising, but it also says that the systems (Payment) like they are today, are already very efficient. The Blockchain has, in his view, different strengths, for example in the area of identity, which he alludes probably to the transparency and immutability of a Blockchain.The Libra can be explained, therefore, not the lack of interest in the Blockchain technology, or regulatory challenges, but simply from the fact that there is to do, seemingly still very much in order for the project to Run. Here, you can sure read between the lines, but the good and important relations with the regulators, he out of the castle. It was more a question to focus more on the development within PayPal and to join forces to scatter instead of you.You don’t want to buy Bitcoins with Paypal know, but where? To decide the right provider is not always easy. Therefore, we recommend that you take a look at our Bitcoin brokers & exchanges to throw a comparison. Trading on the safest and best exchanges in the world! To compare, Eichman should mention that the man Martial Arts operates early in the Morning and have a resting heart rate of 48 beats per Minute. He can be so sure of not very soon upset. Nevertheless, the CEO also said that it is not excluded that the two companies are working together again.

Paypal vs. Bitcoin? – Hardly demand for the payments with crypto-currency

In terms of Kryptwährungen the Paypal CEO chatted then again the beans and said that due to the high volatility the demand for crypto-currencies at merchants that use PayPal. Nevertheless, he believes that it is a very interesting idea.

This does not mean that I think Crypto is an interesting idea and that people act quite often. It is currently more like a commodity than cash-like. But you can imagine use cases in different countries and at different places, where they are stable can be than the Alternatives.

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About the author

Eve Manning

Eve Manning

A native Texan, Eve first started out as a Finance Analyst and later realized that her true passion was not in trading but in writing. She leverages her experience in the Finance industry to analyse and write in-depth news articles covering the Cryptocurrencies, Economy & Finance industries.