Bitcoin will bring global payments out of the ‘fax era’ — Ex-PayPal boss By Cointelegraph
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While information today can be easily transferred over the internet via email or text, global payments have remained in the “fax era,” according to the former president of PayPal (NASDAQ:).
In a Sept. 11 interview with CNBC, David Marcus, the former PayPal executive and co-founder of Lightning-focused payment service Lightspark said he believes Bitcoin’s Lightning network could solve the cumbersome process of sending money across jurisdictions.
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© Reuters.
While information today can be easily transferred over the internet via email or text, global payments have remained in the “fax era,” according to the former president of PayPal (NASDAQ:).
In a Sept. 11 interview with CNBC, David Marcus, the former PayPal executive and co-founder of Lightning-focused payment service Lightspark said he believes Bitcoin’s Lightning network could solve the cumbersome process of sending money across jurisdictions.
Continue Reading on Coin Telegraph
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