PayPal CEO reveals that it holds Bitcoin

PayPal CEO Dan Schulman revealed in an interview that he owns Bitcoin and does not own other cryptocurrencies. He also called encryption an "interesting idea" and said that the blockchain showed great hope. As to whether bitcoin and cryptocurrency can be the basis of PayPal's main business, Schulman said that cryptocurrency is still very unstable, so because of the small profits of merchants, they do not have much demand for cryptocurrency. In addition, Schulman said he and his team are exploring next-generation technologies, such as blockchain infrastructure, to do things more efficiently. And they want to know more.