Hi Smart Nairalander,

You're wondering why this headline spells "PAYPAL IS DEAD", Well its true Cryptocurrency is the new money making printing opportunity and thanks to founder and CEO of Facebook who invested well over $50Million Dollars in Bitcoin far back in 2012.

As the market valuation of the total stock of bitcoins approached US$1 billion, some commentators called bitcoin prices a bubble. In early April 2013, the price per bitcoin dropped from $266 to around $50 and then rose to around $100. Over two weeks starting late June 2013 the price dropped steadily to $70.

Now Bitcoin is worth now over $9000

With Bitcoin Hitting over $26000 in 2017 Facebook Founder took out some of his profit running into tens of Billions of Dollars to invest in the New payment system project Name " LIBRA".

So Facebook rolled out its very own payment system Yesterday 18-6-2019 called " LIBRA" which name means "FREEDOM"

What this spells for PAYPAL is Doom because over 250 nations around the globe can access this new payment system called Libra without restrictions and perform the following tasks
1.You can Perform transaction like Money Transfers stress Free!
2. No need to open a bank account or go to the banks
3. No need to send IDs to verify your Address
4. No Country restrictions to access to use its services
5. No hidden Transaction Fees
6. No Government tracking and monitoring you ETC.

So Click the link below To learn More

https://nairametrics.com/2019/06/18/facebook-unveils-libra-a-new-global-digital-currency/

i think this is true. there will be a massive adoption of the new cryptocurrency because unlike Bitcoin, Libra has a face and everyone knows who they can blame should something go wrong. With the number of people coming together to make this project a success, we believe Libra will revolutionalize the face of online payment currently available.

That said, I don't think Paypal will die. Last I check, Paypal is among the companies coming together to make this project work. I'm looking forward to seeing the ease of doing online business that this new invention will bring.