PayPal Shows It's Not Messing Around when it Comes to Crypto. $TRAC, $DOT, $KSM, $OCEAN, $GHST, $RSR

By Aware1 | Crypto Awareness | 24 Oct 2020


Following the recent announcement from PayPal that it would allow users of the platform to buy, hold, and transact in Bitcoin, Bitcoin Cash, Ethereum, and LItecoin, the financial service platform doubled down on its involvement with cryptocurrency with the announcement that it is seeking to acquire multiple cryptocurrency companies including the Bitcoin custody provider BitGo Inc. Despite concerns that continue to be raised by some in the cryptocurrency community, who point out that users will not be able to access the private keys of the coins they hold on PayPal or transfer their tokens to a private wallet they control, these developments continue to be bullish for the crypto space as a whole.

I also discuss the growing Polkadot ecosystem, and how I feel that it could play a pivotal part in the next year or two as more new money comes into the cryptocurrency space and some pressure needs to be taken off of Ethereum as Eth 2.0 continues its slow development and roll out. The Polkadot ecosystem could help take some of the transaction pressure as more and more projects built on Ethereum are bridging over to Polkadot in the interim.

Some of my favorite projects in the Polkadot ecosystem include Kusama (KSM), Akropolis (AKRO), a more recent addition to the community, OriginTrail (TRAC), which is also an ERC-20 project which I have discussed before.

I also briefly discuss Ocean Protocol (OCEAN) again, because I can't seem to stop thinking about this project and its potential. There already is a large amount of money and will continue to be vast amounts of funds and resources directed towards data and data management, and Ocean looks to play a key role in that sector.

Finally, I discuss Aavegochi and its gamified setup that I find entertaining outside of also having the potential to gain wide popularity to the likes of Cryptokitties times ten. The combination of DeFi and NFTs is likely to catch a lot of attention over the next year or two.

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Aware1
Aware1

My saying is "It's not about what you do, it's about being aware of what you do." My journey has been filled with ups and downs, positives and negatives, but the experience has been fantastic. Now I look to help others find the joy in their journey.


Crypto Awareness
Crypto Awareness

I discuss a variety of topics from across the crypto-verse, pointing to some developing trends that I see on the long term horizon. With so much news and FUD out there, it can be difficult to know what is actually going on with the cryptocurrency space and where the major developments are taking place. I hope to simplify this process for people as well as add my perspective on where things are and where things may possibly go.

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