Today on the Brief:
- BTC micro futures coming to CME
- Michael Jordan is now an NFT investor
- Bitcoin doesn’t care about Treasury yields
Our main discussion: PayPal has begun rolling out its crypto checkout tools to millions of merchants. NLW breaks down:
- Why payments for day-to-day items have been historically deprioritized for Bitcoin and Ethereum
- Why the PayPal checkout tools are unlikely to shift the primary use case from store of value style functions to medium of exchange
- Why the liquidity and utility PayPal crypto checkout creates still adds significant value to these crypto assets
