Re:PayPal Bids $500M to Acquire Crypto Startup Curv
by bustin on Wednesday March 03, 2021 @01:36PM
(#26332550)
Why would people prefer to use a paypal that settles on the bitcoin network vs a paypal that is based around USD?
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Re:PayPal Bids $500M to Acquire Crypto Startup Curv
by xur17 on Wednesday March 03, 2021 @01:43PM
(#26332631)
I have no idea, but second layer networks have much different properties than a custodial paypal service has.
In terms of USD vs BTC spending - I imagine a lot of people will want to spend USD, and BTC will serve as a store of value and backing asset. USD is possible via stablecoins though.