PayPal is the global leader in payments. Early in 2021 they’ll offer Bitcoin to their nearly half billion users, changing how we think of money. Are we ‘crossing the Rubicon’ into a time when cryptocurrencies are used and traded by people everywhere? We put the question to INDX.CAPITAL CEO Jonathan DeCarteret and Guardian Circle CEO Mark Jeffrey.
Here’s the Reserve Bank of Australia’s press release from 2 November 2020 about partnering with CBA, NAB, Perpetual and ConsenSys to create a wholesale (for use only by banks) digital currency.
A report from Reuters on 21 October 2020 about PayPal adopting four cryptocurrencies.
On the day this episode went to air, Dan Schulman, CEO of PayPal said Central Bank Digital Currencies are ‘inevitable‘.
We’ll cover China’s Digital Currency / Electronic Payments (or DCEP) in our next episode. Lots more links when that one comes out.