Paypal Finance Director: “Bitcoin will be a very popular payment method in the future.”

In an interview with the Wall Street Journal, John Rainey, Paypal Finance Director, said Bitcoin would be a popular payment option in the future.

Rainey said in part of the crypto money factor interview that the company was one of the first companies to accept Bitcoin on the Braintree platform in 2015. Rainey added::

“Given bitcoin's current volatility, we do not say that it is a reliable currency for transactions. Let's say You're an investor and you accept Bitcoin as a 10% profitable job payment. The next day, if bitcoin drops 15%, you are directly damaged. “

The bright future of Crypto monies for PayPal

Rainey, the question whether the payment methods with Crypto currencies will be popular, said he thought it would be very likely to be popular and added:

“There are many years before the krypto money is used every day as a payment method and people don't accept it. “

Company founder Max levchin said last December that while he thought Blockchain technology was revolutionary, Bitcoin's views on the future have not yet been clarified.

Coinbase included Paypal Manager David Marcus on the Board in December.

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