PayPal Announced Support for Bitcoin, Ethereum, and Litecoin (like 2 years ago)

For those unaware, PayPal, announced (way back in 2021) that it will be adding support for Bitcoin, Ethereum, Bitcoin Cash and Litecoin, marking a major milestone for the cryptocurrency industry. If you haven't heard of PayPal, you've probably been living a bomb shelter. The move was expected to bring cryptocurrency even further into the mainstream, making it easier for people to buy, sell, and use cryptocurrencies. However, the effect seemed to have been the opposite, with markets falling over 80% since.

This announcement followed a global surge in interest in cryptocurrency, with many new and experienced investors looking to diversify their portfolios with these digital assets. Until now, the lack of infrastructure and mainstream adoption has made it difficult for many people to get involved in the market, but things seemed to be progressing nicely. Unfortunately none of these announcements and market adoptions have made any positive difference to the price of these assets.

Cryptocurrency is poised to become more accessible ever before, and every improvement that can be made to the user experience is a huge step forward. This kind of mass adotion is a major leap towards the integration of cryptocurrency into the wider financial system, and could have far-reaching implications for the future of money. How much longer do we have to wait until the world sees the true valure of crypto, and real growth can begin on a global scale.

What are your thoughts on PayPal's decision to support cryptocurrency? Do you believe that this will have a significant impact on the market in the long term, or is it simply a small step in the right direction? Are you one of the folks who was unaware of this development until now? Share your opinions and insights in the comments below.