OTCbid - PayPal CEO Dan Schulman Talks About the Value Proposition of Bitcoin

" In a recent interview, PayPal President and CEO Daniel Schulman, talked about the value proposition of Bitcoin.

As you may remember, on October 21, PayPal announced “the launch of a new service enabling its customers to buy, hold and sell cryptocurrency directly from their PayPal account, and signaled its plans to significantly increase cryptocurrency’s utility by making it available as a funding source for purchases at its 26 million merchants worldwide.”

Schulman’s comments during an interview last Monday (November 23) with Andrew Ross Sorkin on CNBC’s pre-market news and talk program “Squawk Box“.

Sorkin started the interview by asking the PayPal CEO how he values Bitcoin.

Schulman replied:

“I think all forms of money are based on trust and and set values that come from that trust.

“I think if you take a step back, especially with the pandemic, you’ve seen the use of cash decline precipitously. Something like forty to seventy percent of consumers no longer want to handle cash and just like every industry is digitizing right now, that is also happening in the financial services world. " - Read Full Article

Source: Cryptoglobe


-6% Gross , -3% Net, B2B, MT 103, Prime Trust, US

Look For Buyer Only -

NEW: 20K BTC with R&E @ -6% gross, -3% net, MT103, B2B, Prime Trust, US - Look For Buyer

(Seller : SK DY)

Post: 30.11.2020


  • New Seller has 20K BTC with R&E @ -6% gross,-3% net

  • Buyerside = 1.5%

  • Sellerside = 1.5%

  • First Tranche = 1000 BTC


  • 1. Both parties sign agreement. Seller sends wallet screenshot/live video to establish a connection proof of coin. Buyer checks the legitimacy of the wallets address.

  • 2. The Bank of the Buyer issues payment via wire MT103 Cash transfer to the Bank of Seller Trustee bank –PRIME TRUST LLC with REFERENCE CODE.

  • 3. Bank of Seller—PRIME TRUST LLC conducts verification and authentication of SWIFT MT103 wire

  • 4. Seller transfers Bitcoins 1000 BTC in tranche from its wallet to the wallet specified by the Buyer

  • 5. Buyer validates the coin on the blockchain with 6 times confirmation

  • 6. PRIME TRUST LLC disburse fund to the agent and Seller

  • Note: There is no escrow agreement, nor Satoshi test involved


Interested parties should contact :



  • DM Raymond Chai (on Linkedin)

  • Telegram @ OTCbidcom

  • Telegram: +1 (786) 632 8577


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Telegram: +1 (786) 632 8577

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Trading Name: Chai Gallery

ABN 86 089 149 718

Martin Place Sydney Australia






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