This would allow people unfamiliar with trading and sending crypto to turn steem into real dollars that they can see going in to their bank account. What do you think?
Steemit needs a paypal button in order to bring crypto to the masses.
9 years ago by juneaugoldbuyer (52)
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I think that would be a plus
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Hmm... I like this I have to say. PayPal to Steem and Steem to PayPal would simplify the transaction/exchange process, which is what's needed in order to bring in most people. They don't want to know about cryptocurrencies... they just want to know about new ways to fund their bacon habit.
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Bringing in a paypal button would greatly benefit many and make purchasing crypto extremely easy! Would love to see this addition!!
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I think steem can achieve way more than any other crypto can in terms of creating bridges with the traditional banking system, as it appeals to regular people, and regular people are their customers
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Paypal are looking at Bitcoin & Litecoin. Heck, probably STEEM too by now.
https://cointelegraph.com/news/paypal-files-patent-for-bitcoin-payment-device
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Thanks for the link, I did not know that.
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nuts innit
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I think your missing the bigger picture. So many sites will do BTC -> PayPal.
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They all seem shady, care to share some? I know there are plenty where you can get a virtual credit card and add it to Paypal though.
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That would be useful. A credit card/debit card button would be even better. I realise that may require some legal thought or hurdles to be passed (but I suspect the same would apply to Paypal).
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As an Anarchist I would like not to see that being implemented. From my perspective, crypto as a large it's here to disrupt the establisment. For so long people on this planet has been farmed by big corporations for their own good. PayPal it's among those who refuse to innovate once they got a dominant position in the market.
Crypto it's about responsibility. You are your own bank. No need of 3rd party. I strongly believe that humans will have to adapt to the new way of money and finance as a large and not the other way around. Maybe in this way the change will take longer but we will have a fundamental shift where people are aware and conscious about their own welfare.
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juneaugoldbuyer experiment , shot you an upvote
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