Paypal entering Crypto

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  • Neighbor
    Confirmed User
    • Nov 2005
    • 1511

    #1

    Business Paypal entering Crypto

    What do you think? Does this open the door further for adult processing

    PayPal Will Soon Let US Users Buy, Sell and Shop With Cryptocurrency
  • sandman!
    Icq: 14420613
    • Mar 2001
    • 15427

    #2
    na i dont see paypal entering adult too much fraud in their mind to bother
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    Comment

    • ilnjscb
      Confirmed User
      • Jun 2009
      • 8959

      #3
      They're a shitty company - I wouldn't be surprised if they're funded by the US government - all they seem to want to do is churn, take fees, and act as if they're a mini IRS.

      Comment

      • just a punk
        So fuckin' bored
        • Jun 2003
        • 32385

        #4
        Originally posted by Neighbor
        What do you think? Does this open the door further for adult processing

        PayPal Will Soon Let US Users Buy, Sell and Shop With Cryptocurrency
        Did they announce the exact date?

        Originally posted by ilnjscb
        They're a shitty company - I wouldn't be surprised if they're funded by the US government - all they seem to want to do is churn, take fees, and act as if they're a mini IRS.
        Indeed.
        Obey the Cowgod

        Comment

        • ravo
          Confirmed User
          • Jun 2001
          • 5466

          #5
          It won't change their stance on adult. But, it may help in the uptake and acceptance of cryptocurrencies, especially if they can make it seamless for users.
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          • Klen
            • Aug 2006
            • 32234

            #6
            Skrill support crypto for a while but it's not real support, but "pseudo" support where you buy virtual crypto with which you can buy/sell inside system but cant send elsewhere. Possible how it will be same thing on paypal.

            Comment

            • pornguy
              Too lazy to set a custom title
              • Mar 2003
              • 62910

              #7
              Paypal built their company off porn. Then all of a sudden it was an issue.
              PornGuy skype me pornguy_epic

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              Comment

              • ianmoone332000
                Confirmed User
                • Jun 2014
                • 1706

                #8
                My first thought when i read this. Could make bitcoin bigger and more accepted though
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                • The Porn Nerd
                  Living The Dream
                  • Jun 2009
                  • 19808

                  #9
                  Crypto is too unstable. It's like paying with casino chips. No thanx.
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                  • just a punk
                    So fuckin' bored
                    • Jun 2003
                    • 32385

                    #10
                    Originally posted by Klen
                    Skrill support crypto for a while but it's not real support, but "pseudo" support where you buy virtual crypto with which you can buy/sell inside system but cant send elsewhere. Possible how it will be same thing on paypal.
                    Webmoney.ru works with crypto for a couple of years. It's also like a pseudo crypto but you can convert it to any currency you want any moment, then cash it.

                    Originally posted by The Porn Nerd
                    Crypto is too unstable. It's like paying with casino chips. No thanx.
                    What's a problem with casino chips? ;)
                    Obey the Cowgod

                    Comment

                    • NakedWomenTime
                      Confirmed User
                      • Oct 2015
                      • 567

                      #11
                      It's good for further Bitcoin adoption.
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                      Comment

                      • just a punk
                        So fuckin' bored
                        • Jun 2003
                        • 32385

                        #12
                        Originally posted by NakedWomenTime
                        It's good for further Bitcoin adoption.
                        Of course it is. PayPal says that now people will be able to buy goods in millions of shops via their system. This may actually turn Bitcoin into a real currency - a competitor to $ and €.
                        Obey the Cowgod

                        Comment

                        • jscott
                          jscizzle
                          • Feb 2001
                          • 25641

                          #13
                          If an adult company was truly innovative they'd be using Btcpayserver.org for direct p2p BTC payments without 3rd party fees/communism/permissions. It's early and there are downfalls (for now) but it's improving daily.

                          No need for they, them, and the rest.
                          If you think tough men are dangerous, wait until you see what weak men are capable of.
                          - Jordan B. Peterson
                          Listen to Pomp tell why is Bitcoin important

                          Comment

                          • jscott
                            jscizzle
                            • Feb 2001
                            • 25641

                            #14
                            Originally posted by The Porn Nerd
                            Crypto is too unstable. It's like paying with casino chips. No thanx.
                            Sucks for you that you're avoiding to learn.

                            Bitcoin yearly lows:

                            2010 – $0.01
                            2011 – $0.30
                            2012 – $4
                            2013 – $65
                            2014 – $260
                            2015 – $150
                            2016 – $350
                            2017 – $780
                            2018 – $3,122
                            2019 – $3,322
                            2020 – $3,850

                            vs.

                            USD purchasing power:




                            I know it's not easy to understand , but if you still can't/refuse to realize it after decades, man, you deserve to continue dragging an anchor
                            If you think tough men are dangerous, wait until you see what weak men are capable of.
                            - Jordan B. Peterson
                            Listen to Pomp tell why is Bitcoin important

                            Comment

                            • jscott
                              jscizzle
                              • Feb 2001
                              • 25641

                              #15
                              Originally posted by Neighbor
                              What do you think? Does this open the door further for adult processing

                              PayPal Will Soon Let US Users Buy, Sell and Shop With Cryptocurrency
                              BTW, from what i read it'll be a gateway, users cant really buy/withdraw/own those Bitcoins.
                              Possibly similar to Robinhood, Revolut, etc

                              (if anyone knows more pls post)
                              If you think tough men are dangerous, wait until you see what weak men are capable of.
                              - Jordan B. Peterson
                              Listen to Pomp tell why is Bitcoin important

                              Comment

                              • The Porn Nerd
                                Living The Dream
                                • Jun 2009
                                • 19808

                                #16
                                Originally posted by jscott
                                Sucks for you that you're avoiding to learn.

                                Bitcoin yearly lows:

                                2010 – $0.01
                                2011 – $0.30
                                2012 – $4
                                2013 – $65
                                2014 – $260
                                2015 – $150
                                2016 – $350
                                2017 – $780
                                2018 – $3,122
                                2019 – $3,322
                                2020 – $3,850

                                vs.

                                USD purchasing power:




                                I know it's not easy to understand , but if you still can't/refuse to realize it after decades, man, you deserve to continue dragging an anchor
                                No I got it man. I've got a full Bitcoin.

                                But as your stats show the BTC price has stagnated for the past three years and counting. I would've made more with a solid 401K over the same time period. Or gold. Or real estate. Or stocks. Or mutual funds. Or...you get the idea.
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                                Comment

                                • CaptainHowdy
                                  Too lazy to set a custom title
                                  • Dec 2004
                                  • 94193

                                  #17
                                  There goes the neighborhood . . .

                                  Comment

                                  • ruff
                                    I have a plan B
                                    • Aug 2004
                                    • 5500

                                    #18
                                    Originally posted by sandman!
                                    na i dont see paypal entering adult too much fraud in their mind to bother
                                    How do you think Paypal is going to know who's paying what with crypto?
                                    They won't.
                                    CryptoFeeds

                                    Comment

                                    • HairyChick
                                      Slowly dying
                                      • Sep 2012
                                      • 3091

                                      #19
                                      I received the email from PayPal. I wouldn’t trust them with my money.
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                                      Comment

                                      • Look Chang
                                        Voyeur
                                        • Sep 2010
                                        • 3697

                                        #20
                                        I only believe in cash ...

                                        Comment

                                        • kmanrox
                                          aka K-Man
                                          • Oct 2001
                                          • 29295

                                          #21
                                          Originally posted by The Porn Nerd
                                          Crypto is too unstable. It's like paying with casino chips. No thanx.
                                          Google stablecoins
                                          Crypto HODLr
                                          Crypto mining
                                          Angel investor

                                          Comment

                                          • Boogiemanjee
                                            Confirmed User
                                            • Jun 2007
                                            • 120

                                            #22
                                            Originally posted by Look Chang
                                            I only believe in cash ...

                                            yeah! that's right!
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                                            Comment

                                            • Klen
                                              • Aug 2006
                                              • 32234

                                              #23
                                              Originally posted by kmanrox
                                              Google stablecoins
                                              European union announced how they will also make their own version of stable coin

                                              Comment

                                              • el_mago
                                                So Fucking Banned
                                                • Sep 2017
                                                • 353

                                                #24
                                                Originally posted by The Porn Nerd
                                                Crypto is too unstable. It's like paying with casino chips. No thanx.

                                                Comment

                                                • Sergio
                                                  Confirmed User
                                                  • Apr 2019
                                                  • 612

                                                  #25
                                                  I would not contact them. Bitcoin is valuable on its own, not integrated into some company.
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