With prices, people are able to put their knowledge about local supply and demand into the system without revealing to others exactly what they know, much as zero-knowledge proofs allow a person to answer a question revealing only essential information.

The PayPalQ4 Transaction revenue reportedly is up by 11.8% per the first quarterly report ever since the payment giant included crypto.  PayPal has to state that customers who bought crypto through their platform have been logging twice as much as they were doing before.  This is positive for crypto adoption.

Dan Schulman, CEO of PayPal have stated, “We’re excited to build on this early success by allowing customers to use their crypto balance as a funding source. We hope to launch our first international market in the next several months.” 

The next generation of financial systems is taking shape. The difficulties in using Bitcoin as a regular means of payment is getting analyzed and they are doing a lot to progress in working towards the adoption of Bitcoin payments among medium and small-sized businesses.

The risk of fraud is one of the major reasons for why businesses are hesitant to adopt Bitcoin.  There are still volatility and tax issues to be addressed though.

Michael Saylor tweeted:  “MicroStrategy has purchased approximately 295 bitcoins for $10.0 million in cash, at an average price of ~ $33,808 per Bitcoin.  We now HODL ~ 71,079 bitcoins acquired for $1.145 billion at average price of ~ $16,109 per bitcoin.

The idea of buying Bitcoin is to hold it.  Institutions arebuying Bitcoin for the long term. They are years ahead of the smart-money therefore realizing that bitcoin is the monetary future. Bullish investors feel why would one sell BTC at all? HODL, make them pay.

Bitcoin (BTC) Other Than in Exchanges

When someone asked how come all of these institutional buying is not driving the price up short term and when someone asked if there is no short cut to Bitcoin other than exchanges.  A well-read user said, they’re doing it in private.

Also stated, you do understand that it is possible to buy Bitcoin from anyone anywhere, and that you don’t need to buy via an exchange or even an “OTC Desk”, don’t you?

The new trend is to never sell bitcoin. Those who need money land up borrowing against it from online platforms who are doing it as a day to day deal. Tons of money is being made with BTC by those who know how to do it.

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