PayPal is soon going to start accepting Bitcoin, Ethereum, LiteCoin and other cryptocurrencies which is really great news! It might open up a whole host of new business models and commercial activities.
Torsten, it seems the bitcoin concept has come to stay!
Exactly. Currently about 1.7 billion adults worldwide don’t have a bank account. Can you imagine what life is like without a bank account? Cryptocurrencies could potentially connect the unbanked people with that part of the economy in which commercial transactions are conducted cashlessly. This could have a very positive impact on society as a whole.
My son who is in the US with the Microsoft is a strong proponent of cryptocurrency. So is his boss, Bill Gates!
I think it should be either ‘with Microsoft’ or ‘with the Microsoft Corporation’.
I meant the Microsoft Corporation but failed to add the word Corporation, Torsten. Thank you.