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Why Bitcoin Is Not Like PayPal Or Venmo

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Bitcoin is an entirely new paradigm of money, not a simple secondary payments layer built to increase ease of access like PayPal or Venmo. This is an opinion editorial by Mark Maraia, an entrepreneur, author of “Rainmaking Made Simple” and a Bitcoiner. Bitcoin is not like PayPal or Venmo. This would be obvious to anyone who understands money. As Shakespeare might say, “Ay, there’s the rub.” Almost no one understands money. We are never taught about how fiat money actually works at home or at school or at work … even when you work on Wall Street or you ...

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