PayPal Conquered The Globe, But Bitcoin Could Steal Its Throne

PayPal Conquered The Globe, But Bitcoin Could Steal Its Throne

The same way Google dominates online searches , just one company now manages much of the mainstream e-commerce and electronic money swaps in the United States. The modern economic system we know today really emerged from the first European banks in the Middle Ages , when wealthy merchants such as the Medici family of Florence managed loans for royalty and religious leaders. These early banks fueled wars, intellectual movements and broadly shaped world history. Could we now be entering the era of PayPal? PayPal CEO Dan Schulman (center) celebrates with employees at the company’s relisting on the Nasdaq in […]