Venmo to allow its 70 million users to buy hold and sell crypto!

in GEMS5 years ago

The pressure is on for Apple Google and Facebook to integrate bitcoin into their platforms...

Venmo announced today that their 70 million users can no buy hold and sell cryptocurrencies.

This was expected for some time now, and made official today.

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https://www.cnn.com/2021/04/20/investing/venmo-cryptocurrency/index.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_latest+%28RSS%3A+CNN+-+Most+Recent%29

This won't move the needle much immediately since it was already known, but it does have some pretty interesting implications.

This move will further put pressure on other big tech companies like Google, Apple, and Facebook to incorporate bitcoin and crypto into their ecosystems and products or risk being left behind.

The sleeping giant here is Google in my opinion.

Everyone has talked about Apple and Facebook in regards to bitcoin and crypto, but not Google.

Google has a monopoly on search, imagine if btc were to be incorporated into Chrome and other google services...

This bull market is just getting started!

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Of course they did. Can't have a total cashless society without it.

I'm sure you think its a good idea. Because its NOT connected to central bankers? Lmao

It is a good idea. Period.

Invaiding Poland was a good idea too.

Good is relative.