Paypal Manager with a clear Statement per Bitcoin

Paypal chief Schulman is revealing: Even if the company is a little crypto-active. He invests with Conviction in the Bitcoin.

Important statement for the entire crypto-market?s

So fast it can go. As soon as we reported at noon on skrill’s crypto-Expansion and in the context, the competition for Paypal, follow the next message. It is an opinion of the Paypal Manager Dan school man. If you will, comes school Mans evaluation quite at the right Moment. Finally, we had to in the past few days about the massive Bitcoin robbery. This development, in turn, showed how vulnerable the market continues to respond to critical News. Last week, there were, among other things, China’s announcements of further Prohibited around crypto exchanges. Although the BTC price recovered, including the prices for Ethereum and several other Coins in a timely manner. Nevertheless, any positive feedback from the “classical” sector is helpful.

Paypal-in-chief, a staunch Bitcoin owners

Especially in view of the reluctance with PayPal in the framework of the Libra-plans of Facebook school Mans Position for some is perhaps surprising. But this is all the more pleasing for the crypto world, after most recently Elon Musk spoke to the Bitcoin the word. The Tesla founder had commented positively on the developments of digital currencies. And so now, the Paypal chief. Schulman is confident that The Bitcoin will stay for a while in the future, the no. 1 on the global crypto market. And that, in his opinion, with a clear distance to competitors like Ethereum or Ripple. Schulman continues in current Interviews a step. And, by communicating openly, to hold only Bitcoins in its own Wallet. This he said in an interview with the renowned Fortune Magazine. Before Paypal get stronger in crypto projects, must do on the new market a lot.

In search of new Blockchain use cases

Are meant for more innovative developments around the technology of the Blockchain. The new Blockchain approaches would have to be settled according to Schulman beyond what is already covered, for example, of the traditional banking sector. Continue to the Paypal Manager holds the crypto market still is too volatile. In addition, the dealer is keeping interest in the Paypal System so far in a manageable framework. Imagine you can currencies for the future in connection with Crypto in many countries. This is also in accordance with the media rather negatively presented Paypal money to Bitcoin is a very positive headline. With regard to the role of Bitcoin in the global market, the analysts of CoinMarketCap to quantify the dominance that is currently close to 65 %. After the beginning of the year, the value was around 50 %. Despite the exchange rate losses in the near past, the Bitcoin, so its strength is once again demonstrated in 2019.

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