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Crypto Voices

Bitcoin is not PayPal

28 Feb 2024

Description

Porkopolis Economics: Episode 100 Show Sponsors: trezor.io Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/ Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis. Today, we fact-check the age-old (in Bitcoin terms!!) comparisons that have always been made between Bitcoin and PayPal. You need to simply understand that Bitcoin is basic money, and whatever is happening inside of PayPal, is not. This is also my 100th episode of Porkopolis Economics! As discussed at the video start, please note that from now on these macro and chart-type videos will only continue on YouTube and Rumble. Crypto Voices, our long-form podcast on Bitcoin and privacy with Alec from Halo Privacy and Michel from nodl, will continue to be streamed via the RSS feed as it has since 2017 (via Spotify, Apple Podcasts, etc.). As always, thank you for watching, and listening! Contents 00:42 The Future of Porkopolis Economics 02:48 Trezor is Sponsoring Porkopolis Economics 04:00 PayPal's comparisons to Bitcoin 06:41 PayPal and Bitcoin's Transaction Payment Volume 09:46 PayPal Mafia 11:32 Issues with PayPal 14:18 Where Bitcoin Stands Out 17:42 Bitcoin and PayPal Market Cap Chart 21:10 The Backing of Bitcoin 22:32 Closing Thoughts Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

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