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RE: PayPal Files Patent For "Virtual Currency Transaction System"

in #paypal7 years ago (edited)

Well, I always believe that one day cryptocurrencies will take the lead. Most people are optimistic about that revolutionary idea, others are scared of loosing their treasured business with the advancement of cryptocurrencies. This will be the case for Banks which will eventually shut their doors.

Moreover, if PayPal will speed up the process, then cryptocurrencies will have to be a priority means of market and daily transactions. The only problem resides in the pessimistic countries which tend to ignore cryptos.

My only problem is really to understand be if cryptocurrencies will stabilise the market. Bitcoin prices keeps shifting high and down. How could the merchants, sellers, suppliers and even customers respond to that? I think there is still a need to perfectly understand cryptocurrencies before taking the business into it.

"PayPal may liberate the market though there a number of pros and cons regarded to a particular market aspect of interest. After all, if only big online market platforms such as Amazon, Alibaba and other more accept cryptos, then the whole world will have to join ".

@jona12