Good-Guy
VIP Contributor
PayPal is a payment processor company that is used by millions. During the early days, PayPal was actually much against bitcoin and the PayPal company stated that it would ban the accounts of people who would use PayPal accounts to buy or sell cryptocurrencies However, now they have actually allowed people from the United States and United Kingdom to buy crypto using their PayPal accounts. Please note that I believe that Bitcoin is still yet to gain much popularity as PayPal when it comes to being accepted as an online payment processor. This is because many online stores and merchants still do not accept Bitcoin as a payment method and prefer PayPal over Bitcoin. This is because Bitcoin is mostly seen as an investment instrument rather than a payment processor, as far as I have noted. So, do you really think that PayPal's decision to include cryptocurrencies as an asset is actually a good thing for bitcoin?
