“PayPal had the goal of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. It's very hard to use, and that's the big challenge on the Bitcoin side.”

— Peter Thiel

Peter Thiel's reflection sheds light on the path of innovation: PayPal aimed for a new currency but found success as a payment system. Bitcoin, on the other hand, triumphed as a new currency, yet faces challenges in the payment realm. Simplicity and usability become the focal quest on the Bitcoin journey. 💡💳 #InnovationJourney #BitcoinAsCurrency #PaymentChallenges

#bitcoin #btc #quote #zap