© 2015 Bloomberg Finance LP
Banks began seeing cryptocurrencies as a non-event, then they decided to laugh at it - Jamie Dimon’s anti-Bitcoin rhetoric springs to mind - then they began fighting it by putting out their own coins - JPM coin - which I think we can all call a win for Bitcoin. When looking deeper into Square’s move towards cryptocurrency, one can quickly get an understanding as to why a payments company like them would want to be at the forefront of this push towards Bitcoin.its second-quarter earnings, revealing $125 million in Bitcoin sales through its Cash App, nearly doubling a record first quarter.
One name missing from this drive for Bitcoin adoption in the payments sphere is PayPal, who to be fair are not totally removed. PayPal joined a Series A He spoke to Bloomberg afterwards saying that he fully believes that the cryptocurrency space needs to be regulated, not only for the protection of the industry, but to boost the US and its role as a leading technological super power.
Crypto HODLAGUY
Se quer ser eu né?