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RE: Monaco Card Is The New Paypal

in #cryptocurrency7 years ago

My impression is that much of PayPals growth and adoption was driven by the growth of eBay. Without eBay i don't think there would have been such a need for PayPal. One of the main features that makes this relationship so important is the buyer protection and dispute resolution. It solved a problem of a lack of trust in an arms length peer to peer transaction. Imagine sending bitcoin or ETH for an ebay purchase prior to receiving the goods or service! If someone asked me to do that i would assume a scam. I think Mona.co is a great project but i personally don't think it will offer the same type of service as PayPal