Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

PayPal is part of the Libra Association

Cryptocurrency
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Facebook Allies plan Libra Alternative Cryptocurrency Celo

C Labs claims the Celo Wallet will work like Venmo. Venmo is the popular peer-to-peer (P2P) app owned by PayPal. Thus, Celo is an R&D effort trying to create consumer products that a central bank could use.

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Market Commentary
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Square vs PayPal which is the better Investment?

Given these numbers, payment processors are a value investment because they are cash-rich. PayPal is a very cash-rich company now, but Square could grow into a cash-rich company.

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