BREAKDOWN: PayPal Opens Crypto Payments for Millions of Merchants

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 30 March 2021

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The old canard that you can’t buy coffee with bitcoin is less true than ever as PayPal rolls out crypto checkout for 29 million merchants. This episode is sponsored by Nexo.io and Casper. Today on the Brief: BTC micro futures coming to CME Michael Jordan is now an NFT investor Bitcoin doesn’t care about Treasury yields Our main discussion: PayPal has begun rolling out its crypto checkout tools to millions of merchants. NLW breaks down: Why payments for day-to-day items have been historically deprioritized for Bitcoin and Ethereum Why the PayPal checkout tools are unlikely to shift the primary use case from store of value style functions to medium of exchange Why the liquidity and utility PayPal crypto checkout creates still adds significant value to these crypto assets - Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io. - Launching in late-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network. - Image credit: Weedezign/iStock/Getty Images Plus See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch
0:05.8	of a button.
0:07.0	Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths
0:11.8	solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville.
0:17.1	Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural
0:22.6	chills to far-off romances, every story comes alive through world-class narration.
0:28.5	Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers
0:34.4	that transport you from the very first word, because the next great
0:38.2	adventure is just a listener way. Start your free 30-day trial at audible.com slash
0:43.9	Wondery, UK. That's audible.com slash Wondery UK.
0:49.8	Even believing that these things are not the core reasons that these assets have and will have value.
0:55.4	I believe that the ease of liquid conversion into the normal economy does increase marginally their
1:01.2	value. Think about it like this. Imagine you could effectively sell a part of your house to be
1:05.7	able to buy something important right now with no delays. Would that increase the value of your
1:09.9	house? Yes, I believe it would.
1:12.3	Because it's not just value in the abstract or in the long term. It's not just the equity.
1:16.5	It's the liquidity and utility of that value that can matter in the short term.
1:21.4	Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts
1:29.5	remaking our world. The breakdown is sponsored by nexo.io and Casper and produced and distributed
1:36.4	by CoinDesk. What's going on, guys? It is Tuesday, March 30th, and today we are talking about
1:43.3	PayPal opening crypto payments for
1:45.6	millions of merchants. First up, however, let's do the brief. First on the brief today,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.