Paypal will allow transactions with cryptocurrencies/Paypal permitirá transacciones con criptomonedas



According to a company statement, within a few weeks PayPal will allow the use of some cryptocurrencies on its platform, specifically Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH), although for the moment it will only be available in the United States.

Según un comunicado de la empresa dentro de unas semanas PayPal permitirá el uso en su plataforma de algunas criptomonedas, concretamente Bitcoin(BTC), Ether(ETH), Litecoin(LTC) y Bitcoin Cash(BCH) aunque por el momento solo estará disponible en los Estados Unidos.

In addition to allowing us to buy in millions of stores around the world with our cryptocurrencies, in the PayPal wallet cryptocurrencies can be converted into fiat money (dollar, euro, etc.) and vice versa without additional fees or, at least, that is what they promise.

Además de permitirnos comprar en millones de tiendas en todo el mundo con nuestras criptomonedas, en la billetera de PayPal se pueden convertir criptomonedas en dinero fiat(dólar, euro, etc.) y viceversa sin tarifas adicionales o, al menos, eso es lo que prometen.

This initiative arises after PayPal's alliance with Paxos, a platform of crypto brokers and they intend to contribute to the implementation of digital money and therefore collaborate with governments and institutions in the implementation of their new digital currencies.

Esta iniciativa surge tras la alianza de PayPal con Paxos, una plataforma de cripto brokers y pretenden contribuir en la implantación del dinero digital y por ello colabora con gobiernos e instituciones en la implantación de sus nuevas monedas digitales.


If to this we add the rush that all central banks have entered to create their own digital currencies CBDC (Central Bank Digital Currency) it is very possible that in a short time the crypto world will become popular for the average citizen and they will start to trust in cryptocurrencies.

Si a esto le unimos la prisa que le ha entrado a todos los bancos centrales por crear sus propias monedas digitales CBDC (Central Bank Digital Currency) es muy possible que en poco tiempo el mundo cripto se haga popular para el ciudadano medio y comiencen a confiar en las criptomonedas.

In addition, it must be borne in mind that with this the banks will be able to gradually end up with the cash that leaves no trace, with the digital currencies they will be able to control each and every one of our financial transactions and apply the consequent bite.

Además hay que tener en cuenta que con esto los bancos podrán acabar paulatinamente con el dinero en efectivo que no deja rastro, con las monedas digitales podrán controlar todas y cada una de nuestras transacciones financieras y aplicarles la consiguiente mordida.


On the other hand, this also helps them to be aware of the currencies of large companies, at the moment when Facebook manages to carry out its free project, it will be followed by the other large ones such as Google, Amazon, Netflix or Apple, which are much more technologically advanced than any government.

Por otra parte esto también les sirve para estar prevenidos frente a las monedas de grandes compañías, en el momento en que Facebook consiga sacar adelante su proyecto libre la seguirán las otras grandes como Google, Amazon, Netflix o Apple que están mucho más avanzadas tecnológicamente que cualquier gobierno.

In short, as I once heard Andreas Antonopoulos say, in a short time we will have to coexist with three different types of money:
Money from governments either fiat or CBDC, money from large companies like those mentioned above, and the "people's money" made up of truly decentralized cryptocurrencies like bitcoin. I hope this does not serve to be three times poorer.

En definitiva, como una vez le oí decir a Andreas Antonopoulos, en poco tiempo tendremos que convivir tres tipos de dinero diferentes:
Dinero de los gobiernos ya sea fiat o CBDC, dinero de grandes compañías como las anteriormente mencionadas y el "dinero del pueblo" formado por las criptomonedas realmente descentralizadas como bitcoin. Espero que esto no sirva para ser el triple de pobre.

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That is very interesting post. I also heard about Paypal and there are a lot of speculations about what and who will do the next step. Of course it will give a push for Cryptos that might give benefits to "early birds" who already started their Crypto journey and now have established funds. But nevertheless I think it is still not too late.

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