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META 1 Coin Reports

META 1 Coin Report: Crypto Goes Mainstream

PayPal announced last week they will begin allowing users to buy, hold, and sell crypto on its network, as well as shop using digital currency. The company also plans to expand these features to Venmo as well. They are waiving service fees when buying or selling cryptocurrency through December 31, 2020, and there are no fees for holding cryptocurrency in a PayPal account.

According to their website, the move was motivated by the wider adoption of digital payments and currencies by the general public. PayPal has also been granted a first-of-its-kind conditional Bitlicense by the New York State Department of Financial Services (NYDFS).

Acceptance of cryptocurrencies among mainstream consumers has previously been limited due to volatility, cost and speed of transactions. However, advances in technological platforms in recent years have offered the potential for wider adoption of digital currencies.

The growing appeal of cryptocurrencies is based on the fact that they now offer clear advantages in terms of financial inclusion and access to broader segments of society; efficiency, speed and resilience of payments systems; and include the ability for governments to transmit funds to citizens quickly.

According to a survey by the Bank for International Settlements, one in 10 central banks – representing approximately one-fifth of the world’s population – expect to issue their own digital currencies within the next three years.

This broadening embrace is not a surprising development, as the leadership team at META 1 Coin Trust has long advocated for widespread acceptance of META 1 Coin and other cryptocurrencies. Yet, one can’t help but marvel at how financial institutions, government agencies and members of the public have adapted their views.  

What was once viewed as a questionable monetary platform is now being embraced by major financial players. One can learn a valuable lesson from these developments.

Even when opportunities seem far-fetched or controversial, the early adopters are the ones who are positioned to win big once the rest of the crowd joins in. Case in point: imagine where you would be today if you had invested in Bitcoin in its early days before it exploded in value.

The same lesson can be seen in so many situations in history and one’s daily life. It is human nature to want to feel a degree of safety and security. We tend to look at what other people do as a guide for our own actions. Taking a calculated risk and venturing down an unproven path can be challenging, even when it has the potential upside to be life changing. And yet, that is precisely how wealth is acquired.

For example, some of the largest and highly valued companies today, like Disney, were started during the Great Depression. Others like, GE, General Motors, and IBM were started beforehand, yet arose stronger after the Depression despite widespread fear and financial loss. Their willingness to take smart risks and persevere during inevitable ups and downs paid off, while those who focused on their fears and limiting beliefs struggled in major ways during those difficult times.

META 1 Coin is another early-stage opportunity that is not to be missed. As a more stable form of cryptocurrency, this gold-backed coin is poised to be accepted even more widely over time than non-asset backed coins. After our public launch and wider adoption occur, the value will potentially be further matured, and you won’t want to feel like you let another opportunity pass you by.

Now is the perfect time to buy META 1 Coin, as the world’s embrace of cryptocurrency accelerates even more rapidly in the months and years ahead.

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