PayPal’s Ex-President Advocates Transforming Bitcoin Into A Global Payment Network

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Former PayPal (NASDAQ: PYPL) President and current Lightspark CEO David Marcus emphasized that he is trying to turn Bitcoin (CRYPTO: BTC) into a global payment network. Marcus adds that there is high potential for the digital asset to be a “universal protocol for money on the internet.” In an interview with CNBC’s Squawk Box, as reported by Bitcoin Magazine, Marcus added that Bitcoin has evolved from an uncertain digital currency to a recognized store of value and hedge against inflation. He marked the importance of expanding Bitcoin’s utility beyond just a store of value. As the narrative aro…

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