Why Isn't Thorchain Not Happy About Paypal Buying BitGo???

over 3 years ago (Edited)

Paypal just helped mass adoption of cryptos when they announced that their 300 million users will now be able to buy and sell cryptos. However, Paypal is playing catch up and trying to buy up crypto companies now, one of which is Bitgo. While many are happy about recent announcements, the Blockchain Thorchain appears to not like the latest announcement.

https://www.theverge.com/2020/10/21/21527288/paypal-cryptocurrency-support-buy-sell-venmo-bitcoin

https://www.coindesk.com/paypal-said-to-be-in-talks-to-buy-crypto-firms-including-bitgo-bloomberg

https://cointelegraph.com/news/paypal-rumored-to-be-eying-acquisition-of-crypto-custodian-bitgo

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