Hello Hive Friends,
If you have missed the news, here is one article to has caused excitement in the crypto world. link Paypal is big, used by Ebay & millions of merchants around the world. The announcement of Paypal allowing crypto and Bitcoin spending is BIG. It means big adaption from the grandma down the road the normal housewife. What does this mean for us?
This means more people are bring exposed to crypto, putting their feet in to test, understand how things work. It also allows the crypto owners the power to use it to buy things with it easily on their favourite product or services. At the moment, Paypal users link their bank account, credit cards to the service but imagine linking Bitcoins and other alt coins.
Since the news broke out, the prices of Bitcoins have gone up around 10%. This is only news of Paypal's plans. They are planning to get it up and implemented by 2021 so imagine the price of Bitcoin and the other crypto currencies. Ethereum is up nearly 9%, Litecoin up 15% and this is just the beginning. As I said, this is just the start so expect to see an influx of new money coming into the crypto space, who knows, they may see LEO and believe the vision and invest with us. We are living in exciting times!
