PayPal Pushes The Need For Bitcoin – Details

PayPal Bitcoin

PayPal and Venmo have been flagging and freezing transactions with certain keywords in the description, pushing users to start using Bitcoin. Following an issue by Jewish Currents magazine, which discovered its paychecks to staff were being held by Pay Pal because the word “Iran” was included in the description, it has emerged that certain words are being flagged by the payments company — something that is not seen when using Bitcoin.

Bitcoin supports Universal Payment unlike Paypal too. Some countries in Africa like Nigeria cannot receive money using Pay pal but Bitcoin allows this as cryptocurrency has been foretold to have it’s hub in Africa in years to come.

Remember that Paypal left the Libra association thereby probably  suggesting the company’s non-support for the cryptocurrency space.

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