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bustin on March 3, 2021 | parent | context | favorite | on: PayPal Bids $500M to Acquire Crypto Startup Curv

Why would people prefer to use a paypal that settles on the bitcoin network vs a paypal that is based around USD?

xur17 on March 3, 2021 [–]

I have no idea, but second layer networks have much different properties than a custodial paypal service has.

In terms of USD vs BTC spending - I imagine a lot of people will want to spend USD, and BTC will serve as a store of value and backing asset. USD is possible via stablecoins though.

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