Where is the evidence that Paypal is actually buying Bitcoin?

I've read in the media that Paypal is buying Bitcoin using Paxos/itBit, and that Paypal and Cashapp together are buying the majority of the newly-mined supply.

Although there's little evidence of retail fomo (Google Trends), I was satisfied that the current rally was due to these corporations buying in.

However, I have a friend, who's close to some big players in the mining community, who's convinced it's bs, and claims that Paypal's product is simply a paper contract, with no BTC involved. He says that, as Paypal's T&C make clear, users cannot move BTC on or off the platform, so why would the company need to buy it?

Could someone point me to the indisputable on-chain evidence? There are quite a few media articles about it, but none I've found cite their source.

Edit1: As I've already stated - I had read the articles. I'm looking for evidence. An article is not evidence, unless the method, or publicly-available data source, is stated. For example, Paxos or itBit's BTC addresses, historic volume data, or Paypal's addresses etc.

Edit2: It seems like Chico had the same concerns. See Global Shortage of BITCOIN!? The TRUTH or Just HYPE!?, published a couple of hours after I posted this. TLDW: Yes, the Pantera report is BS, due to misinterpreted data. There's little evidence itBit is buying much BTC for Paypal. Levels of supply are roughly normal at the moment. However, this is just the first stage of Paypal's Bitcoin rollout; more will come once the BitGo deal is finalised, and this will be very bullish. However, he advises caution. Due to CCP Government restrictions on crypto, Chinese whales are being prevented from selling their assets, making them over-exposed in Tether and BTC, which is increasing the risk of a big market correction. See BITCOINs Tether “CRASH” Black Swan Event..WHEN!?.

[Comedy] The Bunker | Episode 2. The Bunker is a weekly comedy style Gaming/Current events/Internet culture podcast! This weeks episode: Rudy Giuliani Melts, Bitcoins MOON, Halo 4 MCC, Jeff Bezos Saves The World

https://youtu.be/jYSLs9su9Iw

Visualising Bitcoin after crossing the Event Horizon.

I bought BTC as soon as I had that "moment" after falling down the rabbit hole. John Vallis calls it crossing the Event Horizon. I guess many of you know that - but not everyone.

I thought initially everyone who owned Bitcoin must have crossed the Event Horizon, as once crossed, buying up BTC feels like the most sane thing to do. But apparently not.

My network that includes incredibly smart people including Post-Doc MIT engineers / MSAIL folk, don't seem to get it. So there must be some other synapse beyond "intelligence" needed.

For further insight, I'll explain the visuals I saw.

I could see a copper coloured sphere, that I guess looked a bit like the Death Star, which had 21M grids, stacked with pixels that kept pulsating as more energy was transferred into it.

However, after listening to Michael Saylor I saw this big virtual vault, housing 21M safety deposit boxes stacked with USB ports, and an intense indigo coloured energy being blasted into it. The indigo colour would also pulsate with an intensity colour change depending on how the energy moved in or out.

What do you see when you visualise Bitcoin?

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HODL for life.

Madge xx

Visualising Bitcoin after crossing the Event Horizon. (x-post from /r/Bitcoin)

https://www.reddit.com/r/Bitcoin/comments/k02gno/visualising_bitcoin_after_crossing_the_event/

Make a prediction - $ 10,000 in bitcoins to be won!

https://coinmarketcap.com/bitcoin-price-prediction/ Make a prediction - $ 10,000 in bitcoins to be won!

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https://www.binance.com/ru/register?ref=28030971 HERE WILL TRANSLATE

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28030971 - THIS IS ID

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When will Bitcoin hit $ 20,000?

Make a Prediction - $ 10,000 in Bitcoins to Win!

Create an account to participate - enter three time slots when you think bitcoin will hit $ 20,000.

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How it works?

1. Log in to your CoinMarketCap account to participate in the "When will Bitcoin hit $ 20,000?"

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1. Link your Binance Account ID to your CoinMarketCap account.

* Please note that this address will be used to distribute your potential winnings.

** Each Binance Account ID can ONLY be added to one CoinMarketCap account. Make sure you are using your account ID correctly.

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1. You can enter hourly intervals (for example, November 21 from 5:00 am to 6:00 am UTC). The earliest time slot that you can choose is 24 hours from the date of your participation.

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1. You can ONLY enter up to three time slots. You can update the time slots anytime before the end of this event. If you update your timeslots, your previous timeslots will be invalidated.

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1. The price of the BTC / USDT trading pair on Binance (shown in the chart below) will be used to track and determine the price movement of BTC.

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1. When the price of BTC / USDT on Binance reaches $ 20,000 for the first time (“Event Trigger”), the date and hour will be recorded as the winning time slot.

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1. All users who predict correctly will be ranked based on the time at which they entered the time intervals, which means that you should start predicting now! The remuneration structure is as follows:

1st place: $ 2,000 in BTC

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All other users who entered the winning time slot will evenly split $ 5,500 in Bitcoin.

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1. Prizes will be distributed to the winning bidders' Binance accounts within five business days of the end of the event.

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1. The event will end when one of the following events first occurs: 1) when bitcoin reaches $ 20,000; 2) January 19, 2021

Ethereum price breaks through the $600 mark and hits a record high

Forex Tianyan APP News: The price of Ethereum, the second-ranked cryptocurrency by market value, continued to rise on Monday. As of 18:00 Eastern Time, according to the push data, Ethereum has exceeded $600 and reported at $605.63.

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In order to promote the smooth launch of Ethereum 2.0 Phase 0, the Ethereum community is continuing to deposit Ethereum into the Ethereum 2.0 deposit contract, and 60% of the required start-up has been completed. The remaining 40% of the target must be completed by 12 noon UTC this Tuesday to enable the Phase 0 network to be launched on time on December 1.

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The pledge contract requires a total of 524,288 ETH and has attracted 314,656 ETH deposits so far. Once the deposit threshold is reached, the main chain beacon chain of Ethereum 2.0 will begin to operate. Once the beacon chain is activated, Ethereum 2.0 will enter the next stage of development.

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Ethereum 2.0 is the most important event in the crypto industry this year except for the Bitcoin block reward halving. The crypto community has high hopes for it and believes that this is the most important event since the inception of the Ethereum blockchain. Hope This can increase the scalability of the existing Ethereum network.

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Under the influence of this good news, the price of Ethereum has also risen steadily in the middle of the last month, which not only made up for the price loss after the cooling of the DeFi boom, but also broke through US$500 and US$550, continuing to refresh the high price point during the year. recording.

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Index indicators and the fundamentals of the Ethereum network are also optimistic that the price of Ethereum will continue to rise. Technical indicators show that after hitting a two-and-a-half-year high, Ethereum has no resistance before $620. Once it breaks through, this may become the next support level for Ethereum. According to Etherscan's online data, the daily gas usage for settlement of transaction fees on Ethereum is also at the highest level in history.

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In addition, the upward trend of the entire

How to fork bitcoin

To begin with, we’ll take you through the fundamentals. How to fork bitcoin happens when two diggers find legitimate squares simultaneously. Accordingly, when two squares have a similar square stature, this is alluded to as a fork.

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The chances of finding the following squares on the two branches simultaneously again are fairly low. Be that as it may, in the event that one split of the blockchain develops longer, excavators will join this split, withdrawing the more limited split.

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The squares in the more limited variant are classified “vagrant squares”. No exchanges are lost since exchanges on the stranded square, in the event that they were not as of now added to the substantial square, are re-communicated to the organization and added into the following legitimate square. These forks generally don’t change the hidden convention. On the off chance that a fork, notwithstanding, is purposeful, it is alluded to as a lasting fork.