PayPal Shocked by the Huge Demand for their Crypto Offering
In a recent interview with Time Magazine PayPal CEO Dan Shulman has said their crypto offering has exceeded all expectations in the level of demand it has received from users. He also told Time Magazine digital asset innovation will lead to more changes in the financial system over the next 5-10 years than what has happened in the last two decades.
“Ten years from now, you will see a tremendous decline in the use of cash. All form factors of payment will collapse into the mobile phone. Credit cards as a form factor will go away, and you will use your phone because a phone can add much more value than just tapping your credit card,” he said.
