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Paypal (NASDAQ:PYPL) and Verge (XVG) to partner soon?
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Paypal (NASDAQ:PYPL) and Verge (XVG) to partner soon?

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Paypal
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At this point, we don’t know exactly what could be bad for the crypto environment; the potential failure of Mindgeek modernizing Verge (XVG) or if it happened to be real the rumors that Verge has been targeting Paypal (NASDAQ:PYPL) before closing a deal with Pornhub. But anyway, does this mean Verge and Paypal can potentially work together any soon?

Nothing to be alarmed for! It is well-known that Verge is accepted as a payment method on several websites related to entertainment films for adults. However, all of the speculations that were so heated around the topic before the 17th have declined to go away. In fact, now the main concerns about the XVG token, are what could it be its next potentially huge and remarkable partnership, instead of how the Verge price will look like in the next few weeks.

Even though at the moment there’s actually not a key reason to believe such actions may happen, disregarding the subject would be ignoring some of the facts that have been shining sparkle in the panorama.

Potential reasons why a partnership between Verge and Paypal might be happening

So, what are the actual reasons to believe a potential partnership betwixt Verge (XVG) and Paypal (PYPL) could be a real thing? Many may think it is not possible, considering the fact that Paypal has been very severe when it comes to putting rules against cryptocurrencies. Yes, that we can’t deny, but still there are a couple of pieces not fitting in the puzzle.

For instance, we can quote the recent “fake” emails that were sent to a great number of Paypal users, an issue to which the digital payment platform still hasn’t responded in an appropriate way.

Regarding the matter, besides responding to the inquiries of users under concern, the payment platform has not made an official statement yet, an action that perhaps could encourage a little to less demeaning appreciation about cryptos. As a consequence, this allows Paypal to analyze better the privacy features Verge offers.

It is very likely that this snatched data hasn’t been extracted from the data servers of Paypal. However, still proves how fragile privacy looks like for this platform, and it may make developers think about protocols such as Wraith, Tor, or i2p in order to protect better the data stored on the servers. Also, a unique opt-out and a logic switching between public and private layers is something developers should take into consideration for making such integration a possibility.

The whole situation opens the door for questioning privacy, and consequently, looking for a solution. In fact, until Paypal decides to make an official statement regarding this, the hidden message will be “maybe we need the help of cryptos in order to provide data privacy”.

So the truth is, Paypal (NASDAQ:PYPL) needs tools and technologies to improve the privacy they provide, and the main candidate to make this happen is Verge (XVG).

Furthermore, the partnership Verge may be trying to make with Pornhub could possibly be a stimulant in the whole Verge (XVG)/Paypal (PYPL) pair. As a matter of fact, around 100 million people visit the adult entertainment site every day, many of which have a Paypal account and use it for paying these services.

The same way, privacy is one of the things people who frequently visit these sites value the most, and guess who can surely provide that anonymity? That’s right! Verge seems to be the perfect candidate for this position.

Can you imagine a deal allowing to buy XVG using Paypal directly? Or transforming XVG into fiat using the PayPal platform? That would definitely create a growth environment for both companies, and even better, for the whole crypto sector.

Conclusion

Verge represents a great opportunity in an industry that every time seeks more solutions based on the blockchain. From faster transactions to low fees and privacy, blockchain technologies have the best of the best.

In the meantime, Verge (XVG) continues having a great performance passing from a -30% decrease to a -5%, a boost of 12% that granted the coin with the value of $0.070 against the United States Dollar. But the road does not finish there, it all appears that if the bullish behavior continues as currently, the coin possibly will reach the $0.1 value this weekend.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

AZ FundChain Offers a Compelling Alternative to Traditional Crowdfunding

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AZ FundChain
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Although many tokens have collapsed during the ongoing altcoin apocalypse, the future remains bright for applications with real world usage.  Because of the ongoing bear market and limited trading opportunities, analyzing businesses with the potential to experience real world adoption should be the priority.  Part of that analysis should include looking at industries that need improvement.  During my analysis, one area that quickly popped up is the field of traditional crowdfunding and money circles.  And, as it turns out, AZ FundChain application offers a compelling alternative.

Problems with Traditional Crowdfunding

President Obama’s JOBS Act essentially laid the ground work for crowdfunding.  This legislation was passed in 2012 and included a provision for large groups of anonymous investors to fund startups.  It essentially gets around the dreaded “qualified investor” requirement that created a barrier for so many potential participants.  Crowdfunding is a great way for non-traditional businesses to raise funds for operating capital.  It certainly beats having to beg a bank for a loan, or, even worse, a loan shark.

But, as the common cliché goes, no good deed goes unpunished.  Traditional crowdfunding and money circles certainly have their fair share of problems.  The biggest problem is trust.  There are essentially very little checks and balances when it comes to how these companies will use the money that is raised.  Companies can promise the world but may not deliver…

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Why no one should be using banks

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why no one should be using banks
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If government is the devil, the bank is a demon.

It’s not your money anymore.

The moment you put your money on your bank account it becomes the property of the bank. Legally speaking you have just lend your money for minuscule interest. And since the money is not your, terms do apply, so you cannot withdraw all of them in one day, if the amount is high.

Government will know everything

Today banks are obligated to tell the authorities everything they know about you, including how much money you have, how you got it and where you spend it. The golden age of bank secrecy is over. Of course if you are a law abiding citizen, you might think that you have nothing to hide, but it’s not about hiding stuff. It’s about basic human right, and rightness for private life. The government should not be allowed to watch you.

Banks ask too many stupid questions

It’s your money, you rightfully earned them, but still you need to explain to the bank where you got it from and be shamed by them. The funny part is that after long and painful due diligence process the bank may still decline in providing service for you.

They can legally suspend your account or even steal your money

Laws are not made to protect people, they are made to protect the…

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Neteller to Launch a Crypto Exchange

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Neteller
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The way to make sure that the cryptocurrency momentum continues and that cryptocurrency credibility occurs is when big companies begin offering services based around cryptocurrency and other features of blockchain. This was certainly the case when Neteller recently announced it will offer a cryptocurrency exchange service in addition to its digital wallet services. The company announced that the 28 currencies compatible with the fiat wallet were able to buy, sell, and hold cryptocurrencies – including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. It makes sense to begin with Bitcoin and Ethereum as they are seen as the originators of what cryptocurrency and blockchain can do and also the future of how blockchain can be used, despite news that Ripple may be set to topple them all. Neteller’s move into cryptocurrency shows it has its sights set on a bright future of cryptocurrency and making it more accessible. But where do they stand now?

Neteller and Cryptocurrency

Neteller are optimistic about the exchange features of the digital wallet, claiming that they plan to add more cryptocurrencies in the near future. Neteller’s benefit is the ease at which one can begin their cryptocurrency trading journey. Not only do a range of banks offer services to fund the wallets and exchanges, but so do a variety of online payment options. This helps remove the barrier to entry that exists in…

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