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https://www.zerohedge.com/crypto/bitcoin-ethereum-extend-gains-paypals-crypto-trading-service-goes-live-us

With Paypal getting closer to full rollout of Bitcoin, should be interesting to see how this works. The zerohedge article mentions Paypal's agreement for the Bitlicense and New York Department of Financial Services doesn't allow the Bitcoin to leave the user's account. Also I see Venmo will push cryptocurrencies as well? I am thinking Paypal Bitcoin becomes the fiat conduit into altcoins as this progresses over the years. Maybe over time as people realize Bitcoin is not used for nefarious purposes that BTC can be a transaction money and not a dark web conspiracy theory.

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2 minutes ago, Ghost said:

Well Venmo is Paypal so I don't believe you will have access to your keys still, so kind of pointless, I mean how are they proving you own the said crypto in the first place?

Over time and after they figure out how to secure everything, maybe they release the keys. Seems more like a public beta test to see if the public has any real interest in Bitcoin. At the moment the total cryptocurrency marketcap isn't even 1/3rd of Silver. Interest is tiny in this sector after 10+ years.

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