PayPal CEO Dan Schulman pooh-poohs Bitcoin’s payments potential

Payments giant PayPal continues to be one of the most notable skeptics of the blockchain and cryptocurrency world.

CEO Dan Schulman remarked at the World Economic Forum (WEF) in Davos on Wednesday that “I have always thought that crypto was more of a reward mechanism for implementing blockchain, as opposed to really a currency.” Schulman continued by stating, “We’re not seeing many retailers at all accept any of the cryptocurrencies.”

Original source

Add comment

Please Sign in to be able to leave comments.