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Crypto

eBay: How soon will it be possible to pay for purchases with cryptocurrency?

If you can now afford Tesla with Bitcoin, you will soon be able to pay for purchases on eBay in cryptocurrency. When asked about US-based CNBC, the e-commerce giant’s general manager admitted that new payment options for users of the platform are currently being explored. “We are always looking for the most suitable payment methods and will continue to evaluate them in the future. We have no immediate plans, but we are watching cryptocurrency closely, ”Jamie Lannone said on Monday.

The e-commerce company is also exploring ways to get into non-fungible token (NFT) trading, as pointed out by its CEO. “We are exploring how we can easily activate it (NFT) on eBay. Anything that can be collected has been on eBay for decades and will remain so for decades to come, ”said the manager. As a reminder, non-fungible tokens are currently at the forefront of the cryptocurrency scene, despite their shortcomings, especially in terms of environmental impact.

This is not the first time eBay has shown a strong interest in cryptocurrencies. The e-commerce giant did indeed integrate the association Facebook created around its Libra (now Diem) cryptocurrency project before leaving in October 2019.

Option in Tesla

Other companies have opened up to pay in cryptocurrency. Tesla’s boss Elon Musk (also the founder of SpaceX and Neuralink) indicated at the end of March that the company’s electric vehicles can now be bought with bitcoin. According to an entrepreneur known for his strong interest in cryptocurrencies, if this option is currently only available in the United States, it will be rolled out to the rest of the world by the end of the year.

The automaker’s boss said at the beginning of the year that he bought $ 1.5 billion worth of bitcoins, shortly before announcing that it would soon become the payment method available for buying his cars, leading to a sharp increase in the price of it. the most popular cryptocurrency in the world. Elon Musk’s interest in cryptocurrency is so great that he recently became the champion of this type of currency.

On his Twitter account, now known as Tesla’s “Technoking” criticized conventional money last month, saying that when it “has negative real interest, only a fool won’t look the other way.”

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