Its called the Paypal effect and they haven't even started allowing crypto for payment, that is going to happen in 2021. Wild times ahead, indeed
PayPal Chief Executive Dan Schulman said the company aims to "meaningfully contribute to shaping the role that digital currencies will play in the future of global finance and commerce."
I don't think that PayPal effect is behind the current rally. Nowadays less and less people use BTC for payments, the role of BTC is changing to an investment instrument and that's the key in my opinion.Its called the Paypal effect and they haven't even started allowing crypto for payment, that is going to happen in 2021. Wild times ahead, indeed