Crypto as a Payment System? Here We Go Again

How many users will take advantage of PayPal’s Crypto at Checkout feature? Skepticism is warranted, given the technology’s track record in commerce, says CoinDesk’s executive editor.

Hey, PayPal: 2013 called. It wants its narrative back.

This week, the global payments giant announced it had begun letting users in the U.S. pay for things online with cryptocurrency. “We think it is a transitional point where cryptocurrencies move from being predominantly an asset class that you buy, hold and or sell to now becoming a legitimate funding source to make transactions in the real world at millions of merchants,” CEO Dan Schulman told Reuters.

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