On October 21, 2020, PayPal confirmed the launch of a new service that would enable its customers to buy, hold, and sell digital assets directly from their PayPal accounts. The payment behemoth also revealed plans to significantly increase the utility of cryptocurrency by making it a funding source for purchases […]
Tag: paypal
PayPal Prevents Pornhub Models From Receiving Their Paychecks
Accepting and handling online payments can be done through a plethora of service providers. For Pornhub models, PayPal is no longer an option in this regard. Earlier this week, it appeared PayPal decided to end its business relationship with independent porn models. The reason behind this decision is unclear at […]
You May Be Richer Than Elon Musk, at Least in Bitcoin
Many of us regard Elon Musk as one of the most influential innovators of our generation. Musk is the brains behind Paypal, SpaceX, Neuralink, the Boring Company, Tesla and more. In the course of his innovations, he has racked up quite a fortune. According to Forbes, he is the world’s 54th […]
Bitcoin’s Volatility Renders it Useless as a Payment Method, Says Former PayPal CEO
Bill Harris has made clear his view on cryptos several times. The former PayPal CEO has in the past described Bitcoin as the ‘greatest scam in history’ and a massive ‘pump and dump scheme.’ Harris recently reiterated his stand, further claiming that all the praise that Bitcoin has been receiving […]
Turkey’s Currency Instability Pushing People to Bitcoin
Remember when cryptos were deemed unusable because, unlike fiat, they were volatile? The tables are gradually turning and Turkey is the latest case. The country’s currency, the lira, has recently experienced a drastic drop in its value relative to the US dollar which has quickly drawn comparisons with Bitcoin. Faced […]