Paypal Manager with clear statement per Bitcoin

Paypal boss Schulman l & auml; sst look deep: Even if the company is little crypto-active. He himself invests from & uuml;conviction in the Bitcoin.

Important statement for the entire crypto market?

It can go so fast. As soon as we have at noon üabout Skrill’s crypto expansion and in connection also & uuml;about the competition Paypal reported, follows the n & auml; next message. It is a statement by Paypal manager Dan Schulmann. If you will, comes Schulmans Einsch & auml; tzung quite in the right moment. Finally ßlich we had in the past few days only & uuml;about the massive Bitcoin burglary. This development showed once again, how anfällig the market continues to react to critical news. Last week there were, among other things, China’s announcements on further bans around Kryptob & ouml; rsen. Although the BTC price recovered along with the prices für Ethereum and several other coins in a timely manner. Nevertheless, any positive R ückmeldung from the„classic & ldquo; sector is helpful.

Paypal boss a & uuml;convinced Bitcoin owner

Especially in view of the Zurüretention at PayPal as part of the Libra Pläne of Facebook is Schulmans position für some perhaps üsurprising. But this is all the more pleasing for the crypto world, after last among others Elon Musk spoke the word Bitcoin. The Tesla-Gr & uuml;nder had positive üabout the developments of digital Währungen geäu & szlig; ert. And now also the Paypal boss. Schulman is certain: Bitcoin will remain the No. 1 in the global crypto market for quite a while in the future. And this, in his opinion, by a significant distance from competitors such as Ethereum or Ripple. Schulman even goes one step further in current interviews. And indeed, by openly notifying, exclusivelyßlich Bitcoins in his own wallet to keep. Just this he gave in conversation & auml; ch with the renowned Fortune Magazine. However, before Paypal st & auml;rker in crypto projects, mü sse do a lot on the new market.

Looking for new Blockchain applications

This means further innovative developments around the technology of blockchain. According to Schulman, the new blockchain approaches must be located away from what is already covered by the traditional banking industry, for example. Furthermore, the Paypal manager h & auml;lt the crypto market continues to fü r too volatile. In addition, the Händlerinteresse in the Paypal system so far in ümanageable framework. Imagine you can für the future in connection with Kryptowährungen in many countries & auml;change a lot. Also this is after the medially rather negatively represented Paypal-Verh & auml; ltnis to Bitcoin a quite positive headline. As for the role of Bitcoin in the global market, the analysts at CoinMarketCap currently put the dominance at just under 65%. After the beginning of the year, the figure was about 50 %. Despite the price losses in the near past, has the Bitcoin so its strengthärke again proved in 2019.

If you are interested in buying Bitcoin via PayPal, you can also find a guide on

Featured Image: By Shawn.ccf |

The post Paypal Manager with clear Statement pro Bitcoin appeared first on Coin Hero.

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