Paypal news is a psyop

Read terms of conditions. Literally a shitty bucket shop. You cannot send, you cannot withdraw, you cannot own. KYC, taxpayer ID. You can only gape at fake number Paypal will display to you...and sell. Also they might freeze your shit or ask for more personal information "from time to time". It's fucking nothing, read.
twitter.com/UltraXBT/status/1318918749878210564
twitter.com/100millionSat/status/1318902974215802882
paypal.com/us/webapps/mpp/ua/cryptocurrencies-tnc?locale.x=en_US

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still bullish for crypto. adoption is adoption.

That's because it's more for LINK and less for faggot BTC and their s o y pedo holders.

you are correct, no one with a brain will use this service but it legitimizes bitcoin even more, thats the whole point

LINK LAW

Stay mad you filthy nocoiner

fucking cultists
its not using link you dumb ass nigger
>inb4 that larp picture some neck beard nigger made
fucking hate you lot

KEEP SEETHING FAGGOTS! ONCE IT'S CONFIRMED IT WILL BE TOO LATE FOR YOU AND YOU WILL BE BUYING OUR BAGS AT $60+

absolutely bullish. ppl buy btc, less supply, price go up

Imagine not holding a MINIMUM 10,000 Chainlink tokens ticker: $LINK at this VERY FUCKING MOMENT

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Adoption of what? Fake numbers in an excel spreadsheet you cannot use or send anywhere? The exchange rate will be provided by Paypal. They'll rape you with fees, dox you to the taxman and in the end you have to sell it to them if you want your money back. It's worse than Square or Robinhood or Coinbase and brainlets are celebrating like it's a birth of a new millenium.

>has nothing to do with LINK
>its ALL ABOUT LINK
Kys

dont care faggot. the more normies know about it the more it's adopted.

Cool then dont use it. Normies will

Hahahahahahah seething!!!!!

kill yourself cultqueer

Imagine not selling when it was clear its going to bleed out
keep holding nigger

IT GOES POO IN THE LOO FAGGOTS

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Still bullish, OP.
Bitcoin appeals to boomers and wagies. If they buy, the price go up, and thats all we need.

why would the price go up when paypal decides the price

and why would anyone use paypal to buy it instead of a real market with real prices especially since you cannot even transfer it out there is absolutely 0 reason to use the paypal one unless they sell btc at half the value of an actual market btc

I know. It's not like we have Robinhood or Square Cash that normies can quickly use to buy and sell, right? It's completely new, revolutionary procuct that changes everything.

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Paypal is the largest business to consumer payment option on the planet. 36 million businesses use it. Are you braindead?

This is the future of crypto. Prepare accordingly but it can only be a good thing. We already know how they are with fiat so why would you expect anything less when they move into crypto? It's for convenience of payments. You send to your bank account and buy real crypto later. Robinhood does the same with their crypto side. No big company is willing to get hit with money laundering allegations, even your proper fiat onramps are scared to death of this. There will be awkward growth stages but if you can ride it out and place your bets right you will come out a richer man. There is no money in ideals and virtues. Purists get left behind, and if you're truly dedicated to your cause you will want the power that comes with enough money to influence things.

>36 million businesses use it.
And you won't be able to pay any of them with crypto.

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pointless if you have neither your private keys nor a way to transfer in/out of the system. none of the currencies they're listing could handle the traffic if your paypal transactions were all on the blockchains. bitcoin might still buckle under the weight of on-chain trading.

Except you literally can. Anywhere that accepts Paypal now accepts crypto. Sorry youre a dumb nocoiner though. You still have time for the 2025 bull run.

So that's it, huh? I guess the future is millions of bitcoins held in walled gardens you cannot even withdraw from or deposit into from your wallet. Woo, adoption!

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you mean it converts your btc to usd and sends usd
you dont send btc
they dont accept btc
they accept usd
fucking retarded nigger
you could always cash out into usd with btc

I have BTC
I want to use it to pay a business
I pay with BTC
My bill is paid with BTC.
You are retarded.

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your bill is payed with USD
USD that you get by selling btc on the rate they offer
that business that you paid didnt list their price in BTC
they listed it in USD
they took USD
your transaction history will say USD
you sent USD

I have BTC
>you'll have Paypal balance (which you cannot even verify is based on real bitcoins)
>I want to use it to pay a business
You mean I want to get fleeced on exchange rate and additional, unnecessary fees for selling your Paypal LARP balance for dollars Paypal sends to merchants directly anyway. You might as well pay them with USD yourself and pay less fees you dumbass.
>I pay with BTC
You don't even own BTC on Paypal and you pay retard premium on top of that. It hurts my soul you don't even get it.
>My bill is paid with BTC.
It's paid with USD, there is no BTC on Paypal at all.
>You are retarded.
You cannot even read.

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i interpret this as a scalability test. even with lightning or similar layer 2 tech these networks will still have to cope with a lot of on-chain transactions.

this is why ltc, btc, bch, and eth are included. they're all proof-of-work.

They’re just starting dummy. They will keep rolling out features as they are developed and there regulatory clarity

Why are you so retarded

Alice has bitcoin
Alice uses bitcoin to buy a book from Bob's store
Bob receives USD

Alice paid with Bitcoin and Bob received USD. If they didn't accept bitcoin this would not be possible. It's not hard to grasp.

>If they didn't accept bitcoin this would not be possible
You can already do that you dumb fucking nigger with manually exchanging your BTC to usd and sending that holy fucking shit you are dumb
no they dont accept bitcoin
go into their store with your fucking private key then

Stop this nonsese retard.

Why would paypal risk massive stock and lawsuits by not actually keeping people bitcoin.

Their incentive is to do what Robinhood hood does idiot.

>Why would paypal risk massive stock and lawsuits by not actually keeping people bitcoin.
you could never ever verify if they hold bitcoin
thats why

idc line go up

Another brainlet that cannot read. There is no BTC on Paypal. You get a number that Paypal says is real. You can only deposit USD, can only withdraw USD, can only pay with USD. At some point in time you can exchange a number Paypal gave you for USD for another number Paypal says is right. You cannot send your number to anyone, you cannot pay with it. If you want to do anything with it you must first sell it to Paypal on exchange rate decided exclusively by them also pay additional fees. Not a single onchain transaction will occur based on Paypal activity.

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I have BTC
I pay a bill
I now have less BTC
My bill was paid with BTC

It was never meant for us

i know that, but news like this will cause a lot of trading activity on the chain.