PayPal and Crypto

in #cryptocurrency3 months ago


PayPal Crypto.png

Anymore evidence needed to support that Cryptocurrencies have gone mainstream? PayPal itself has been growing and going mainstream for a number of years now and it is probable that they believe this could be the next step for them. I have a thought that came late to me that cryptocurrencies could be benefiting from the accelerated move to mainstream of a number of behaviors from consumers. The way we have seen eCommerce being embraced by retailers and online providers in 2020, we could be seeing that accelerated adoption towards digital payments.

In addition, the asset class is on the crossroads of the being home economy and the monetary uncertainty from governments and central banks around the world! Valuations continue to be questioned but in a world where only the future matters (it seems), markets can and probably will remain irrational in the short term. Not sure what will change it but it seems that the FOMO is back!

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