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10 May 2021

Dan Schulman of PayPal on the Future of Crypto Payments | Live Bitcoin News

Dan Schulman of PayPal on the Future of Crypto Payments | Live Bitcoin News


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There were two things that dramatically accelerated the trend of digital payments by as little as three years and maybe as much as five years, and by the way, that is just continuing to grow at an accelerating rate.

People wanted to be sure that they could protect their cashiers and customers wanted to be sure that they were going to be safe.

While he believes that we are still in the early phases, Schulman is confident that over the next ten years or so, cash and credit cards will ultimately disappear.

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… In the next five to ten years, you are going to see more change in the financial system than you have over the past ten to 20 years

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