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Can bitcoin make it as a mass-market digital payment?
Writing for the Tech Faculty & Financial Services Faculty, journalist Billy Bambrough examines the case for bitcoin as a major payment provider.
PayPal set the bitcoin and cryptocurrency community ablaze when it revealed it would begin offering bitcoin buying and spending services in October, sparking a two-month bitcoin bull run that saw the cryptocurrency’s price return to its 2017 all-time highs.
The US payments giant, co-founded by billionaire meme-master Elon Musk and Facebook angel investor Peter Thiel at the height of the dot-com bubble, has long been seen as an enemy of many bitcoin and crypto-die hard fans—a censorial embodiment of everything the decentralised, permissionless bitcoin is not.