is the paypal news bullish for bitcoin and am i happy about it? yes
should you ever "buy bitcoin" through paypal? lol no
should you ever "buy bitcoin" through paypal? lol no
Why not use Bitcoin w/ PayPal?
Practically, you can't withdraw (yet?), so you can't truly own the BTC. Absolute non-starter.
Philosophically, PayPal has a deep history of financial censorship (e.g. Wikileaks). If they offer Bitcoin it's to make a buck, not to support freedom.
Practically, you can't withdraw (yet?), so you can't truly own the BTC. Absolute non-starter.
Philosophically, PayPal has a deep history of financial censorship (e.g. Wikileaks). If they offer Bitcoin it's to make a buck, not to support freedom.
The PayPal news is great in that it gets hundreds of millions of users thinking about Bitcoin, but it's vital bitcoiners keep educating newcomers about keys, custody, and what it means to truly own bitcoin.
Better ways to buy:
- Swan Bitcoin
- Casa
- River
- CashApp
Better ways to buy:
- Swan Bitcoin
- Casa
- River
- CashApp