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Crypto as a potential funding instrument bolsters its utility and stabilizes it as well

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Paypal CEO Schulman Say He’s Bullish on Bitcoin as a Currency

From coindesk.com

PayPal CEO Dan Schulman said bitcoin’s usefulness as a currency will ultimately prevail over the buy-and-hold ethos in an interview with CNBC Squak Box Monday. "I think that there'll be more and more use cases for cryptocurrencies," that make bitcoin (BTC, +1.65%) more widely accepted, more stable, and probably "more valuable" over time. PayPal will begin allowing users to transact with crypto as a funding instrument across 28 million businesses early next year. Schulman said central bank digital currency is a global inevitability. As that happens, "you'll have more and more utility happen with cryptocurrencies," ... (full story)

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