MercadoLibre, a Latin American e-commerce giant, announced that it will ban cryptocurrency-based listings, pre-paid gift cards, and digital assets used in games from its platform on 3/19/2019. MercadoLibre's stock recently saw a rapid jump in value after PayPal invested $750 million, leading many to speculate that PayPal is trying to fight back against the modern ubiquity of cryptocurrency.
Since the 2009 Bitcoin whitepaper, crypto currencies have risen in value, enabled decentralized global trade, but also endured market value fluctuation, theft, and use as tender for illegal transactions.
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Since the 2009 Bitcoin whitepaper, crypto currencies have risen in value, enabled decentralized global trade, but also endured market value fluctuation, theft, and use as tender for illegal transactions.