PayPal CEO – Utility of Bitcoin & Crypto Rising While Use of Cash on Decline
PayPal CEO Dan Schulman is confident cash is going the way of the dinosaur – enter Bitcoin/crypto
PayPal CEO Says Utility of Bitcoin and Cryptocurrency Rising While Use of Cash on the Decline
“PayPal chief executive Dan Schulman says his company’s adoption of Bitcoin and other cryptocurrencies will help increase the utility of cryptocurrency overall, leading to price stabilization and a slow increase in value.
Schulman recently went on both CNBC and CNN to discuss PayPal’s recent decision to adopt crypto. The San Jose-based payments giant added support for Bitcoin, Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) for all of its US customers on November 12th.
In the interviews, the CEO is adamant that cash is ‘slowly but surely going away.’”